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.

Anilelerin     Osuwa     Mukhtar Shagaya     Ebola     Hussein Olokooba     Apata Ajele Secondary School     NIRSAL     Ijakadi     Awoye     Abdulrazaq Adebayo     Salihu Ajibola Ajia     Peculiar Allowance     Olawuyi     Ajidagba     Oba Abdulraheem     Mohammed Jimoh Faworaja     Sulaiman Gado     Ajasse-Ipo     Playing Host     Kwara North     Christian Association Of Nigeria     Akande Idowu Ayoola Muhammed     Abdulmumini AbdulRazaq     Omar Gambari     Kwara Hotel     Dumagi     Ishola Abdullahi     Tunde Oyawoye     Alikinla     Zulkifli Ibraheem     Kulende     Elerin Of Adanla     Yashikira     Abubakar Atiku     Kwara Poly     Segun Olawoyin     Azeez Salawu     Rafiu Olasile     Bond     Lanre Badmas     Post-utme     Emmanuel Bello     Bashiru Makama     IEDPU     Suwa-Arabs     Shoprite     Kwara State Council Of Chiefs     Abdulmutalib Shittu     Mary Arinde     Overland     Yusuf Amuda Gobir     Omoniyi Ayinla     Olokoba Abdullahi Ayinla     Ashiru     Lithium Deposit     SUBEB     Ilesha-Gwanara     Transition Implementation Committee     Kwara Metro Park     Vasolar-Kwara Company Ltd     Micheal Imodu-Ganmo Road     Mahmud Ajeigbe     NaAllah     CELF     Abdulkadir Bolakale Sakariyah     Simon Sayomi     Isaac Gbenle     Obayomi Azeez     AbdulHamid Adi     JAAC     Shuaib Olarongbe     Sheikh Alimi     Ibrahim Akaje     Neo Mundo Ltd     Ajayi Okasanmi     Salihu Alhaji Musa     Oko-Olowo    

Cloud Tag: What's trending

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

Matthew Okedare     MAI Akande     Ojuekun     Ita-Ore     Suleiman Abubakar     Bolaji Nagode     Mumini Ishola Hanafi     Segun Abifarin     Mashood Abdulrafiu Agboola     Ibrahim Bio     Ganmo Power Sub-Station     Owode Market     National Broadcasting Commission     Raliat AbdulRazaq     Folorunsho Erubu     Femtech     Oko-Olowo     Radio Kwara     Awodun     Kwara 2015     Olaitan Buraimoh     Ahmad Ali     Femi Gbajabiamila     Isiaka Oniwa     Aliyu Umar     Bolaji Aladie     Kwara State Internal Revenue Service     Alanamu     Tanke     Aliyu Kora Sabi     Sunset Workers     First Lady     Afolasade Opeyemi Kemi     Mufutau Gbadamosi Esuwoye     Wahab Isa     IYA YUSUF     Abdulrahman Onikijipa     Kwara State Infrastructure Development Fund     AbdulRazaq Abubakar Jiddah     Sunday Popo-Ola     Hamid Bobboyi     Alumni Association Of The Federal Polytechnic Offa     Funmilayo Isiaka Oniwa     Niyi Ogundiran     Ilorin Curfew     Shoprite     Offa     Agbarere     Kale Bayero     Aso Ofi     Ayobami Akanbi     New Nigeria People’s Party     AGM Professional Services     Frootify     Saka Isau     Association Of Kwara State Online Media Practitioners     Aminat Omodara     Sidikat Akaje     Ilorin East     Raliat Islamic Foundation     Sidikat Alaya     Peter Obi     Bolakale Kawu     Eghe Igbinehi     Babajide Ajayi     Razak Atunwa     Kolawole Akande     Kwara State Television (KWTV)     Chief Imam Of Omu-Aran     Minister     Charles Ibitoye     Popo-Igbonna     CUTI     Student Learning Support Helpline     Abdulfatai Salman Baakini     Muslim Cementary     Bankole Omisore