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.

YAKOOYO     Sola Saraki Educational Foundation     Saad Belgore     Ilorin Likeminds Foundation     Folorunsho Erubu     Ilorin     Senior Special Assistant On Student Affairs     Raji Ayodele Kamaldeen     Christopher Odetunde     Hijaab     AbdulGafar Tosho     Oniyangi     Islamic Development Bank     C2c@kwarastate.gov.ng     Olupako Of Share     Arandun     Deji Ajani     JAMB     Babaita     Ahmed Mohammed Rifun     Shehu Jimoh     Lola Ashiru     Oyeyemi Olasumbo Florence     Oloriegbe     SSA Youth Engagement     Aiyedun     AbdulHamid Adi     Agor     Olayinka Olaogun     Ibrahim Abiodun     Olosi Of Osi     IF-K     Akeem Olatunji     Dan Masanin     BIR     Yemi Osinbajo     International Aviation College     Abdul-Rahoof Bello     Belgore     Olokoba Sulyman     Coronavirus     Idowu Aremu     Kwara State Governor     Nigeria Customs Service     Afonja     Kupchi Hosea Maxwell     Sardauna Of Ilorin     Kwarareports     Magaji Nda     Economic And Financial Crimes Commission     KW-GIS     Timothy Akangbe     Baba Issa     Abdulmajeed Abdullahi     Baba Issa Awoye     Na\'Allah     Senate President     Mufutau Gbadamosi Esuwoye     Moses Adekanye     Bursary     Muhammad Yahya     Markaz Arabic And Islamic Training Institute, Agege     Mohammed Katsina Ahmed     Marafan Shonga     Amosa     Ogbondoroko     Isiaka Gold     Niguel Gallando Marcias     Saka Keji     Tafidan Kaiama     Yakubu Dogara     Umar Ayinla Saro     Bilikisu Oniyangi     Ilorin East     Omar Bolaji Gambari     Yusuf Lanre Badmas     Idowu Laro    

Cloud Tag: What's trending

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

Abdullateef Abdussalam     IQRA College     Ridhwanullah Al-Ilory     Jare Olatundun     Tunde Kazeem     Nigeria Association Of Women Journalists     Balogun Ajikobi     John Obuh     Dauda Adesola     Lanre Badmas     Issa Manzuma     Joseph Yemi Ajayi     Lawal Olohungbebe     KWAFFA     Jawondo     Mohammed Lawal Bagega     Yahaya Seriki Gambari     Oke-Kura     Shero     Chief Imam Of Ilorin     Sulu Babaita Isiaka     Vasolar-Kwara Company Ltd     Onilorin     GANZY     Centre For Community Empowerment And Poverty Eradication     Apaokagi     Nurudeen Muhammed     Abdulmalik Bashir Mopelola Risikatullahi     Baboko Primary School     Yusuf Amuda Aluko     Shaaba Lafiagi     Salihu Jibril Garbi     Adeniyi Ojo     Unilorin     Theophilus Oyebiyi     Folorunsho Alao     Razak Atunwa     Turaki     Amusement Park     Ahmad Fatima Bisola     Bello Abubakar     Aliyu Adebayo     Okin Malt     Niyi Osundare     Dapo Teni Nig Enterprise     Kawu     11th Galadima     Muftau Akanbi Oke     Kayode Oyin-Zubair     Adijat Adebiyi     Toyin Abdullahi     Alfa Modibbo Belgore     Balogun Fulani     Yusuf AbdulRasheed     Abdulfatai Ahmed     Samari     Abdulwahab Ololele     Jumoke Monsura Gafar     Isa Aremu     COVID     Saadu Gbogbo Iwe     Ahmed Alhasssan     Olanrewju Okanlawon Musa     Kunle Suleiman     Bukola Saraki     Adam Abdullahi Al-Ilory     Bello John Olanrewaju     NTA Ilorin     Ilofa     Vasolar     Ejidongari     Village Alive Development Association     James Ayeni     Bolaji Gambari     JAAC     AGM Professional Services     Omoniyi M. Ayinla