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.

Ilorin     Salihu Ajibola Ajia     Jare Olatundun     Fatai Garuba Labaka     Grillo     Temitope Ogunbanke     Ibrahim Agboola Gambari     Ganiyu Abolarin     Edu     Abdullah Janet Amudat     Joana Nnazua Kolo     Bank Of Industry     Sheu Ndanusa Usman     David Oyedepo     Tayo Alao     Aliyu Kora Sabi     Afolasade Opeyemi Kemi     Sunday Otokiti     Usman Alkali Baba     Orire     Mohammed Saidu     All Peoples Party     General Tunde Idiagbon International Airport Ilorin     Iyabo Adisa Ibiyeye     Mansur Alfanla     Durbar     Olaitan Buraimoh     Veterinary Teaching Hospital     Babatunde Idiagbon     GAMA     Ayobola Ipinlaiye     Olabanji Orilonishe     Code Of Conduct Bureau     Bello Oyebanji     Erin-ile     Surajudeen Akanbi     General Tunde Idiagbon International Airport     KFA     Ayo Adeyemi     Halimat Yusuf     Fatai Olodo     Abubakar Suleiman     Osi     Bolakale Saka     Segun Ogunsola     Dasuki Belgore     Jumoke Gafar     Bayo Ojo     Amada Jidda     Abatemi-Usman     Kwara 2023     Solomon Edojah     Twitter     Maigida Soludero Transit     General Hospital, Offa     Kwara State Health Insurance Agency     Aminu Adisa Logun     Doyin Agbamu     Read With Me     Ubandoma Of Ilorin     Okoolowo     Patience Jonathan     Kwara State Polytechnic     Orisa Bridge     Kwara State Fire Service     Emir Of Ilorin     Amos Sayo     Amos Justus Sayo     Moshood Kashimawo Abiola     Elekoyangan     Samuel Adaramola     Bolaji Gambari     Imodoye Writer’s Enclave     JAAC     Allocation     Hamidat Sulyman-Yusuf     Madawaki    

Cloud Tag: What's trending

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

Hassan Taiye Salam     Sulu Babaita Isiaka     Elerinjare-Ibobo     Funmilayo Isiaka Oniwa     Kawu     Sam Okaula     Ahmad Ali     Alfa Belgore     NIRSAL     Lanre Badmas     Niyi Osundare     Aliyu Adebayo     Adamu Attah     Aminu Ado Bayero     Odolaye Aremu     Bola Magaji     Towobola Abdulrahman Toyin     Isaac Aderemi Kolawole     Emir Of Kano     Dan Masanin     Toun Okewale-Sonaiya     Ilorin Emirate Stakeholders Forum     Raji AbdulRasaq     Musa Alhassan Buge     Abubakar Kawu Baraje     Roheemat Hammed     Aremu Odolaye     Waheed Ibrahim     Simeon Sule Ajibola     Pius Abioje     Kwara State Fish Farmers Association     Jebba     Omu Aran     Usman Alkali Baba     Saka Aleshinloye     Abdulrazaq Aiyelabegan     Kwabes     Ayobami Akanbi     Congress For National Consensus     Tosin Saraki     Volunteers Of Ilorin Community And The Emirate     Okin High School     Labaeka     Oke-Kura     Solomon Edoja     Abdulkarim Adisa     Malete     Hydro-electric Power Producing Areas Development Commission     Damilola Yusuf Adelodun     Okedare     Fatimah Abdulkadir     HICA     Naira Redesign     Dorcas Afeniforo     Sarakite     Saadu Alanamu     Rashidi Yekini     Arinola Lawal     Rotimi Atere     Ganiyu Taofiq     Oke-Odo     Alfa Modibbo Belgore     C2c@kwarastate.gov.ng     Ademola Kiyesola     KWAFFA     Women For Change And Development Initiative     Radio SBS     Gobir Organization Foundation     Bature Bello     Ophthalmological Society Of Nigeria     Gwanara     Olatunji Abdulmumeen     Suleiman Alege Kuranga     Segun Abifarin     Danhawa     Suleiman Yahya Alapansapa     Amina Susa\'a De Ahmed