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.

New Naira Notes     Lateef Ademola Olatunji     Saudat Abdulbaqi     Tunde Oyawoye     Ganmo Power Sub-Station     Cornelius Adebayo     Apado     Kisra     NURTW     Gbemisola Oguntimehin     Kwara Consultative Forum     Obayomi Azeez     Ayinke Saka     SWAN     Aliyu Olatunji Ajanaku     National Association Of Nigerian Students     Umar Ahmed Gunu     Abdulwahab Olarewaju Issa     Abdul Jimoh Mohammed     Jide Ashonibare     Lateef Fagbemi     Eghe Igbinehi     Veterinary Teaching Hospital     Babatunde Ajeigbe     Turaki Of Ilorin     Wale Oladepo     Yusuf Abubakar     Olabode Towoju     Mohammed Lawal     Igosun     AbdulQowiy Olododo     Makama Of Kaiama     Yusuf Abdulraheem     Federal Road Maintenance Agency     Volunteers Of Ilorin Community And The Emirate     Y.A. Abdulkareem     Kayode Ogunlowo     Lanwa     Muhammad Akande Olarewaju Odunade     Oko Erin     Sadiq Umar     Magaji Are     Elekoyangan     Oba David Oyerinola Adedunmoye     Elerin Of Adanla Irese     Metro Park     Amina El-Imam     Bolaji Aladie     CCT     Trade Lenda SME Fair     Nigerian Correctional Service     Ilota     Monthly Sanitation     Rotimi Atere     Sobi FM     Tunji Ajanaku     Abdulrauf Aliyu     Zulu Gambari     Bio Ibrahim     Benin Republic     Ibikunle Ogunleye     Yoonus Lawal     Wole Oke     Bolakale Kawu     Usman Alkali Baba     Kazeem Adekanye     Ballah     Atunwa     Ibraheem Adeola Katibi     Kwara State Government     Sidikat Uthman Ajibola     Zara Umar     IDPU     Hydro-electric Power Producing Areas Development Commission     Yusuf Amuda Aluko     Gambari     Abubakar Lah    

Cloud Tag: What's trending

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

Ilofa     Khairat Gwadabe     Jimoh Olusola Imam     Funmilayo Oniwa     Eleja Taiwo Banu     Alimi Abdulrazaq     Wahab Femi Agbaje     Ibrahim Bio     Al-Adaby     Oladimeji Thompson     Abdul-Rasheed Na\'Allah     Code Of Conduct Tribunal     Bond     Kwara State Sports Commission     Apaola     Rafiu Olasile     Shade Omoniyi     Aliyu Umar     CUTI     Oluwatoyin Lukman     Sola Saraki Educational Foundation     Saka Saadu     Shehu Alimi Foundation For Peace And Development     Agbarere     Kwara 2023     Doyin Agbamu     Basic Education Certificate Examination     Amuda Musbau     ENetSuD     Forgo Battery     Col. Taiwo     Shuaibu Yaman     Abdulrahman Abdulrazaq     Ridwan Agboola     Mumeen Lah     Musa Ayinla Yeketi     Abubakar Olusola Saraki     Kwara Primary Health Care Development Agency     Lawan     Maimunat Oloriegbe     Okasanmi Ajayi     Arca Santa     Ishaq Oloyede     IHS Towers     Alanamu     Modibo Kawu     Siddiq Adebayo Idowu Salawu     Tafidan Kaiama     Ado Ibrahim     Dapo Teni Nig Enterprise     Bankole Omishore     Ubandoma     Royal FM     Kwara State Council Of Chiefs     Harafat E. Mukadam     Abdulrazaq Magaji     Malete     Yusuf Arowosaye     NNPP     Lateef Ademola Olatunji     Sabi     Sabi     Yahya Mohammed     Mufti Of Ilorin     Federal Road Maintenance Agency     Kwara North     Matthew Babaoye     Mutawalle     Sa\'adu Salau     Labour Party     National Information Technology Development Agency     Jaigbade Alao     George Funsho Adebayo     Chief Imam Of Ilorin     Ibrahim Taiwo Road     Peter Obi     Usman Rifun