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.

Zaratu Umar     Okiki     A.E. Afolabi     Moshood Kashimawo Abiola     Monsurat Omotosho     All Confederation Of Principals Of Secondary Schools     Usman Rifun     Trade Lenda SME Fair     Marafan Shonga     MAI Akande     ASKOMP     Abdulrahman Onikijipa     Wahab Agbaje     Afonja     Bashir Badawi     Esinniobiwa Quareeb     Abdullahi AbdulMajeed     Dar-Al-Handasah Consultants     Mohammed Yisa     Rashidi Yekini     ANCOPPS     Fatai Adeniyi Garba     Lai Gobir     A.O. Belgore     Soffiyyallah Kamaldeen     Shuaib Jawondo     Olugbense     Umar Sanda Yusuf     Wahab Egbewole     Okin Malt     Christian Association Of Nigeria     Abdulwahab Olarewaju Issa     Ita-Nmo Market     Kulende-UITH     07039448763     Ajase-Ipo     Popo-Igbonna     Deji Ajani     Abubakar Imam     Oja-Oba     Valsolar Consortium     Senior Ibrahim Suleiman     Owo Isowo     Unicontinental Construction Company     Oniwa     Sobi Specialist Hospital     Ishak Mohammed Sabi     Oyawoye     Okedare     Nigeria Foundation For Artificial Intelligence     Yusuf A. Usman     Dar-Al-Handasah Consultants Ltd     Mamatu Abdullahi     Harmony Holdings     Galland Marcias     Isau     Aiyedun     Jeunkunu-Malete-Bani     Alao Ayotunde     Read With Me     Kayode Laro     Eleyele     Solomon Edoja     Agbarere     Alabe     Kubra Kazum     Shehu Adaramaja     Muhammad Sirajo Aliyu     Ayodele Kuburat Olaosebikan     Zulkifli Ibraheem     Durosinlohun Kawu     Olosi Of Osi     Neuropsychiatric Hospital     Daud Adeshola     SARS     Amasa     Oyedun Juliana Funke    

Cloud Tag: What's trending

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

CCT     Ilorin Anchor Men And Women     RTEAN     Adanla-Irese     Fatai Adeniyi Garba     Oye Tinuoye     NTA Ilorin     Al-Hikmah Radio     Abdulmutalib Shittu     Lawal Olohungbebe     Sherif Sagaya     CELF     Timothy Olatunde Fadipe     Bank Of Industry     Zulkifli Ibraheem     Government High School (GHS), Adeta     Omoniyi M. Ayinla     Ibrahim Oniye     Doyin Awoyale     Lithium Deposit     Muhammed Akanbi     Abdulmumini Jawondo     Clement Yomi Adeboye     20 Billion Bond     Ilorin West/Asa Federal Constituency     Obasanjo     Magaji Nda     Trader Moni     Afolabi-Oshatimehin     Arandun     Ahmed \'Lateef     Segun Abifarin     Ramadan     Akume     Ahmad Ali     Ejidongari     Saba Jibril     Dar-Al-Handasah Consultants Ltd     Kale Ayo     John Dara     Abdullahi G. Mohammad     Nigeria Association Of Women Journalists     Toyin Saraki     Arik     Isiaka AbdulRazaq     Quareeb     Bolakale Kawu     Abdulkadir Remi Hawawu     Babajide Ajayi     Olufolake Abdulrazaq     Ridwan Agboola     John Olobayo     Revenue Court     LAK Jimoh     Abdulmajeed Abdullahi     Elerin Of Adanla     Taofeek Ibraheem     Razaq Ayobami Akanbi     Abdulraufu Mustapha     Freshvine Nigeria Limited     Kwasu     Jawondo     Share/Tsaragi     Adeniyi Ojo     Abatemi Usman     Yakubu Shaaba     Muhammadu Gobir     Bahago     LEAH Charity Foundation     IEDPU     College Of Health     Haruna Tambiri Mohammed     Kwara South     Baboko     Ilorin South     Bursary     Ile Arugbo