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.

Kayode Oyin-Zubair     Onikijipa     Adewuyi Funmilayo     Saadu Gbogbo Iwe     National Information Technology Development Agency     Ibrahim Sulu Gambari     Bureau Of Lands     Raimi Iyanda     Salihu Ajibola Ajia     Abdulrahman Onikijipa     Sun Qing Rong     Sa\'adu Salau     Shehu Adaramaja     Opobiyi     John Olajide Adedipe     Yashikira     Ibrahim Abiodun     Forgo Battery Company Limited     Olaiya Lawal     Yakubu Shaaba     Logun     Ilorin Curfew     Modibbo Kawu     Sunday Fagbemi     Ileloke     Edu     Olabimpe Olani     Abiodun Jacob Ajiboye     Olokoba Abdullahi Ayinla     SWAN     Sunday Otokiti     Sola Saraki Educational Foundation     Aliyu Kora Sabi     Ilorin Durbar     Shuaib Abdulkadir     Bluenile Associates     S.O. Opowoye     Hausa     Olumide Daniel Ibitoye     Salaudeen Oyewale     JUSUN     Matthew Okedare     Mustapha Akanbi     Joseph Yemi Ajayi     Ubandoma Of Ilorin     Okin High School     Kumbi Titilope     IPSAS     Adamu Attah     Olanrewju Okanlawon Musa     Kwara Coalition Of Business And Professional Associations     Abdulrazaq Solihudeen     Hameed Oladipupo Ali     Moronfoye     Sodiya     Bayer AG     Ahmad Lawan     Justina Oha     Yahya Mohammed     Alfa Modibbo Belgore     Monthly Sanitation Exercise     Nigeria Foundation For Artificial Intelligence     AbdulGafar Tosho     Centre For Community Empowerment And Poverty Eradication     Fulani     Amuda Musbau     Amuda Bembe     Ayodele Olaosebikan     Simeon Ajibola     Laolu Saraki     Oke-opin     2017 Budget     Sarakite     Simeon Sayomi     Ibrahim Abduquadri Abikan     Abdullateef Abdussalam     Yakub Ali-Agan    

Cloud Tag: What's trending

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

Muhammad Akande Olarewaju Odunade     Adesina Simon Sodiya     Esuwoye     Facebook     Minister     Ibrahim Taiwo Road     Kayode Alabi     Ubandawaki     Ahmad Lawan     Abubakar B.M     Pakata     Muritala Awodun     Galadiman Ngeri     Kwara Teaching Service Commission     Idowu Laro     MMWG     Zulkifli Ibraheem     Guber Aspirant     Towobola Abdulrahman Toyin     Sobi FM     Dorcas Afeniforo     Oniyangi     Olaitan Adefila     Sodiya     Hussein Olokooba     Kaosarah Adeyi     Ayodele Olaosebikan     IHS Towers     Funmilayo Mohammed     Victor Gbenga Yusuf     Ministry Of Women Affairs And Social Development     T And K FOODS     Asa     Rachael Obisesan     Public Holiday     Ayinde Oyepitan     20 Billion Bond     Yusuf Amuda Gobir     Abubakar Kawu Baraje     Musbau A. Akanji     Saraki     Apado     Ayo Opadokun     Balogin Alanamu     Orisa Bridge     Tayo Alao     Mohammed Lawal     Ajakaye     Shuaib Olarongbe     Bayo Onimago     Waheed Ibrahim     Abdullahi Saadudeen Alikinla     Code Of Conduct Tribunal     Michael Nzekwe     Ahmed Ayinla Jimoh     Tunde Kazeem     Aso-ofi     KFA     Najim Yaasin     Olaosebikan     Abdulmumin Yinka Ajia     Mahmud Babatunde Baker     Ibraheem Abdullateef     Amos Sayo     Tafida     Elesie Of Esie     Aremu Odolaye     UITH     Arik     Park     Babaloja-General     Kolo     Amada Jidda     March 18     Mahmud Ayinla Giwa     Toyin Abdullahi     SARS