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.

Chief Of Staff     MAI Akande     Aminat Omodara     Mashood Dauda     Abdullah Janet Amudat     KWATMA     Sam Onile     Ilorin West     Akom Construction And Engineering Synergy Ltd     Kwara State University Of Education     First Lady     Muhammad Fawaz Abubakar     Al-Hikmah Radio     Abdulwaheed Musa     Assayomo     Egbewole     Balogun-Ojomu     Saka Balikis Kehinde     Abdulwahab Ololele     Aisha Buhari     Mohammed Lawal Bagega     Kwara North     James Ayeni     Jeunkunu-Malete-Bani     Toyosi Thomas     Bolaji Gambari     Popo-Igbonna     Ganiyu Abolarin     Saad Omo\'ya     Saka Onimago     Eghe Igbinehin     High Court     Amos Bajeh     Gbenga Olawepo     Mohammed Lawal     ASUU     Kamaldeen Kehinde     Abubakar Imam     Arinola Lawal     Simeon Sayomi     Bashir Badawi     Titus Ashaolu     Ganmo Power Sub-Station     NURTW     Funmilayo Braithwaite     Computer Based Test     Muhammed Aliyu     Idris Amosa Oladipo Saidu     Aliyu Sabi     Olatunji Ayeni     Zubair Folorunsho Erubu     Kisira     Alapansapa     Universal Basic Education Commission     Riskat Opakunle     Chief Imam Of Ilorin     Oko-Olowo     Kwara State Fire Service     Abdulkadir Remi Hawawu     AbdulRazaq AbduMajeed Alaro     Hikmah AbdulKareem     Wahab Isa     Paul Odama     Zaratu Umar     Paul Olawoore     Vasolar     Ebola     Ilorin East     AbdulQowiy Olododo     UNIFEMGA     Bamidele Adegoke     Trade Lenda SME Fair     Binta Abubakar-Mora     Titus Suberu-Ajibola     Memunat Monsuma     Samuel Adedoyin     Tunji Folami    

Cloud Tag: What's trending

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

HICA     Ajasse-Ipo     Gobir     Alimi Abdulrazaq     Agboola Abdulraheem     Smart School     Ilorin Talaka Parapo (ITP)     Olateju Lukman     Mike Omotosho     Centre For Digital Economy     Saheed Alakoso     Muftau Akanbi Oke     08001000100     Albert Ogunsola     Association Of Kwara State Online Media Practitioners     Saka Adeyemo     Adisa Logun     Kayode Laro     Gafaru Olayiwola Olorisade     GANZY     Shaykh Luqman Jimoh     Alao Ayotunde     S.O. Opowoye     RTEAN     Esinrogunjo     Kwara Volleyball Association     Abdulmumin Yinka Ajia     Olupako     AIT Ilorin     College Of Arabic And Islamic Legal Studies     UITH     Abdullah Janet Amudat     Saraki     Sarafadeen Kayode Akorede     Ubandoma Of Ilorin     Ilesha-Baruba     Abubakar Olusola Saraki     Abubakar Suleiman     IHS     Ilorin.Info     Ibrahim Taiwo Road     Adamu Attah     New Naira Notes     Principal Private Secretary     Farouk Salim     Ayinde Oki     David Oyerinola Adedunmoye     Mohammed Ibrahim     Afin Descendants Union Of Odo-Owa     Sunset Workers     Khairat Gwadabe     Baba Idris     Ajidagba     Bayo Ojo     Zainab Abass     Abiodun Musa Aibinu     Funmilayo Braithwaite     Olaoye B. Felix     Fatima Abolore Jimoh     Ilorin Metro Park     Kolo     Kayode Ibrahim     Ibrahim Issa Jetti     Abdulwahab Oba     Yomi Adeboye     AGILE Programme     Chartered Institute Of Personnel Management Of Nigeria     Ilorin Anchor Men And Women     IDPU     Sunday Popo-Ola     Law School Scholarship     Omotoso Musa     Oba Abu     Abdulrasheed Lafia     Abdullahi AbdulMajeed     IsDB     Moronfoye