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.

Amule     Abubakar Imam     Taofeek Sanusi     Eghe Igbinehi     Olomu     Azeez Bello     Just Event Online     Ibraheem Adeola Katibi     Teachers Specific Allowance     Ijagbo Health Centre     Ballah     Sola Saraki Educational Foundation     Gafaru Olayiwola Olorisade     Abdulhakeem Adelaja Amao     Atunwa     Simon Sayomi     AbdulRazaq Abubakar Jiddah     Mohammed Lawal     Kola Adesina     Salihu Yahaya     Aisha Ahman Pategi     Nurudeen Mohammed     Kale Ayo     Laboratory-to-Product     Towoju     Abdul Jimoh Mohammed     Mufti Of Ilorin     Obayomi Azeez     Federal College Of Education (Special), Afon     KWSIEC     Yakubu Mohammed Abdullahi     Malete     Kale Kawu     Durbar Festival     Kwara Muslim Pilgrims Welfare Board     Roheemat Hammed     Kishira     Sabitiyu Grillo     Aishat Sulu-Gambari     Peculiar Allowance     Saad Belgore     Read With Me     Sadiq Umar     Abdulrahman Iliasu     Tunji Oyawoye     Bluenile Associates     Mahe Abdulkadir     Toyin Saraki     Bayo Ajia     Chartered Institute Of Personnel Management Of Nigeria     Umaru Saro     IYA ALFA NLA     Irepodun     Olatunji Moronfoye     Halimah Perogi     Abdulrahman Abdulrasak     Principal Private Secretary     Ademola Kiyesola     Otoge     Ndakene     Kazeem Oladepo     Siddiq Adebayo Idowu Salawu     First Lady     Ekweremadu     Lotus Bank     Barakat Community Secondary School     Hamidu Olowo     Sanusi Abubakar     Moshood Bakare     Alanamu     Veterinary Teaching Hospital     Hamid Bobboyi     Baba Isale     Bisi Oyeleke     Baba Idris     Vasolar Consortium     Assayomo    

Cloud Tag: What's trending

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

Idris Amosa Oladipo Saidu     Afolasade Opeyemi Kemi     Bolakale Kawu     Valsolar Consortium     KWASEIC     Hamid Bobboyi     Summit University     GGDSS Pakata     Alapado     Abdulhakeem Adelaja Amao     Oke-Ode     Matthew Babaoye     Cornelius Fawenu     Ahmed     Alimi     Garba Ayodele Wahab     KWSIEC     Bilikisu Gambari     Salihu S. Yaru     Agboola Babatunde     Ayo Opadokun     Ibrahim Oniye     Akanji     Olukotun Of Ikotun     Galadiman Ngeri     Bayo Mohammed Onimode     Ashiru     Nurudeen Mohammed     NIPOGA     Kayode Ishola     BECE     Quarry Royal Valley     Simon Sayomi     Umar Ayinla Saro     Mamatu Abdullahi     IF-K     NFAI     Kwara State Polytechnic     Moremi High School     Hausa     Islamiya Abdulraheem     Kishira     Women For Change And Development Initiative     Baba Idris     Alfa Yahaya Road     Ayobami Akanbi     David Oyepinola Adedumoye     Twitter     2017 Budget     Popo-Igbonna     Saadu Yusuf     Maryam Ado Bayero     Victor Gbenga Yusuf     MATTA Girls Foundation     Ibrahim Mashood     Yusuf Amuda Aluko     Olofa Of Offa     Olatunji Bamgbola     Baba Adini Of Kwara State     Gobir Organization Foundation     Saka Isau     Ogidi-Oloje     Umar Ahmed Gunu     Joseph Alex Offorjama     George Innih     Oko-Olowo     Kwara     Gabriel Fashanu     KWASIEC     Mutawali     John Kehinde Salako     Gbajabiamila     IFK     Edu     Saka Saadu     April 11     Kwara State Internal Revenue Service