BUA Targets 200,000 Tonnes of Refined Sugar in Kwara

Date: 2019-11-27

The Chairman/Chief Executive Officer, BUA Group of Companies, Alhaji Abdulsamad Rabiu has hinted that the planned sugar plantation and refinery in Lafiaji, in Edu local government council area of Kwara state is capable of producing over 200,000 tonnes of refined sugar and generate over 10,000 direct employments opportunities for the people of the country.

He also said the project would generate 200,000 litres of ethanol and 35 megawatts of power – using the bye product of sugarcane.

Rabiu stated this in Lafiaji, Kwara State on Monday, when he led the state governor, Alhaji Abdulrahman Abdulrasaq on facility tour of the multi-billion-naira BUA Sugar refinery company.

He said that, "the sugar plantation in Lafiagi and the refinery is one of the most advanced anywhere in the world with the capacity to produce 14,000 tonnes of canes per day when completed.

"Kwara State is one of the states with land, water and climate and we set up our business here because we know sugar refining will succeed here."

He added that, "Instead of importing raw sugar and process it in Nigeria, we decided to establish sugar plantation and refinery in Nigeria and Kwara State happens to be the best located state for the investment.

"When completed, it will generate over 10,000 direct employments and produce over 200,000 tonnes of refined sugar together with 200,000 litres of ethanol and 35 megawatts of power - using the bye product of sugarcane."

Rabiu praised the effort of the state in attracting investments, saying, "this is the only sugar plant in Nigeria with plantation and refinery and will be completed by the end 2020."

Responding, the state governor, Alhaji Abdulrasaq said the state would support the upcoming BUA Sugar Factory and other investors in the state to succeed by creating the right environment.

AbdulRazaq said the strategies to attract and keep investors in Kwara would include sustaining the state's peaceful environment and putting in place the necessary infrastructure and policies to ease the business climate.

He commended the BUA Group for citing the sugar plant in Lafiagi, saying the facility would make the local government the richest in the north central.

He said, "BUA today is the biggest investor in North Central Nigeria and we are happy that their investment is in Kwara State. I am in fact happy that it is in Lafiagi, Edu Local Government."

He said the plant would produce about 25 per cent of Nigeria's sugar need when it begins operation later next year and 75 per cent of the country's sugar needs in the next 10 years.

"Kwara wants to be the epicentre of sugar production in Nigeria and we are creating a peaceful environment for business to thrive," AbdulRazaq said.

He added that such investments would cut poverty rate and strengthen Kwara's capacity to achieve the United Nations Sustainable Development Goals since the issues of water and electricity would be tackled once the factory begins operation.

Source

 

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Olaoye B. Felix     Buari Edun     Kwasu     Olugbense     Wahab Issa     Anilelerin     Ajibola Ademola Julius     Damilola Yusuf Adelodun     Diagnostic Centre     Freshvine Nigeria Limited     Usman Yunusa     Baba Issa     Maryam Ado Bayero     Gobir Organization Foundation     Veterinary Teaching Hospital     Baba-Isale     Haruna Olawale Sulaiman     AbdulRasaq Abdulmajeed Alaro     Bello Oyedepo     Valsolar Consortium     Suleiman Yahya Alapansapa     Oba Sulaiman Asude     General Hospital, Ilorin     Mohammed Saidu     Simeon Ajibola     Suwa-Arabs     Sola Saraki Educational Foundation     Oke-Ogun     Oloyede     HAMFAT Clinic And Maternity     George Funsho Adebayo     Khadijat Ayoola Yusuf     Federal College Of Education (Special), Afon     Abubakar Lah     Kanu Agabi     Abdulwahab Oba     Kwara Coalition Of Business And Professional Associations     Adaramaja     Ayo Opadokun     Abiodun Jacob Ajiboye     Olawuyi     Umar Saro     Obasanjo     Oladipo Akanmu Tolani     Sa\'adatu Modibbo-Kawu     Victor Gbenga Yusuf     Adedipe     Abdul Jimoh Mohammed     Saba Mamman Daniel     Playing Host     Micheal Imodu-Ganmo Road     Tescom.kwarastate.gov.ng     Michael Nzwekwe     Principal Private Secretary     Aliyu Muhammad Saifudeen     Volunteers Of Ilorin Community And The Emirate     Musa Aibinu     Yusuf Babatunde Abdulwahab     Abdullahi Saadudeen Alikinla     Olajumoke Monsura Gafar     Mahe Abdulkadir     Talaka Parapo     SARS     Hikmah AbdulKareem     Undergraduate Bursary     Michael Ologundea     Moro     Bashiru Makama     General Hospital, Offa     Tunde Oyawoye     Oba Mogaji Abdulkadir     COVID     Raliat AbdulRazaq     Eruku     VADA     Afetu Of Alabe     Yusuf Olaolu Ali    

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Hassan Taiye Salam     Doyin Awoyale     Kabir Shagaya     Lithium Deposit     Aishat Mohammed Lawal     Mahe Abdulkadir     Tsado Manman     Mahmud Ayinla Giwa     Offa Metropolitan Club     Joseph Bamigboye     Sa\'adu Salahu     Aso-ofi     Muftau Akanbi Oke     Hamidu Olowo     Ilorin Emirate     Abioye Bello     Niyi Ogundiran     Senior Ibrahim Suleiman     Simeon Ajibola     KWSIEC     Ilorin East     Revenue Court     Fola Consultant     Bashir Badawi     Col. Adedipe     Rafiu Ibrahim     Demola Banu     Ilorin Descendants Progressive Union     Sam Onile     Presidential Election     Post Utme     SUBEB     Firdaos Amasa     Simeon Sayomi     Ojuekun     Government High School Adeta     Isiaka Gold     Titus Suberu-Ajibola     Owu Fall     NIRSAL     Elerinjare-Ibobo     Agor Market     Afonja Descendants Union     Oba Abu     Yemi Sanni     CELF     Bamidele Adegoke Oladimeji     Egbewole     Alaiye     Medview Airlines     Ahman Pategi University     Shola Odetundun     Bola Shagaya     Gbemi Saraki     Harafat E. Mukadam     Bashir Adigun     David Oyerinola Adedunmoye     Florence Saraki     Bolakale Ayo     Ojo Isekuse     Oyun     Gbenga Olawepo     Road Transport Employers Association Of Nigeria     Gafaru Olayiwola Olorisade     Bola Olukoju     Kwara Politics     Onilu     KWSUED     Dogara     Kola Adesina     Abdulrosheed Okiki     Forgo Battery Company Limited     Ubandawaki     Saba Mamman Daniel     Col. Ibrahim Taiwo     Suleiman Ajadi     Funmilayo Zubair