BUA Launches Backward Integration Scheme for Subsidiary
BUA, one of Nigeria’s leading indigenous conglomerates, is launching a backward integration scheme in its sugar subsidiary plantation in Kogi S tate before the end of the year.
Group Executive Director of BUA Group, Kabiru Rabiu said Cultivation on the land will commence in the last quarter of the year. The plantation will assist in boosting the sugar production of the Group and enhance employment, and open up opportunities for ancillary industries.
According to him, the plantation is structured to generate its own power during the process of converting molasses to sugar, while provision has also been made for gas supply to fire its turbines.
BUA owns the second largest sugar refinery in Sub-Saharan Africa, located in Lagos Nigeria with an installed capacity of 720,000 metric tons per annum and is set to commission a second sugar refinery with the same capacity in Ports Harcourt, Rivers State next year. The company also acquired Lafiagi Sugar Company (Lasuco), Kwara State through a privatisation exercise in 2010.
Recently the Governor of Kogi state Capt. Idris Wada confirmed the allocation of land to BUA for the setting up the proposed plantation.
Rabiu sais: “We are pleased with the support of Governor Idris Wada by assisting us toward setting up a sugar plantation in Kogi state. We promise to support the government and people of the state, and be a loyal and productive corporate citizen.
“The plantation will be a modern state of the art automated plant with the technology deployed from Brazil, widely known as having the best technology in sugar production and refinery”.
Cloud Tag: What's trending
Click on a word/phrase to read more about it.
Malete Admiralty Villa Ladi Hassan Suwa-Arabs Ilorin East Amule Elementary School MMWG Olokoba Sulyman Plat Technologies Sadiq Buhari Volunteers Of Ilorin Community And The Emirate Abdulwahab Ololele Kwara State University Of Education Kwabes Eghe Igbinehi Saliu Mustapha Omoniyi Alore Abdulahi Abubakar Bata Yusuf A. Usman Peter Obi Kola Bukoye Abubakar Abdullahi Bata Fatimat Saliu Tafidan Kaiama Earlyon Technologies Adamu B. Yaqubu Kayode Oyin Zubair SARS Jimoh Olusola Imam Lanre Issa-Onilu Baba Issa Awoye Oyeyemi Olasumbo Florence Ilorin Talaka Parapo (ITP) Eghe Igbinehin Hussein Oloyede Laboratory-to-Product Idris Amosa Oladipo Saidu Aminat Omodara Lateef Ademola Olatunji Academic Staff Union Of Universities Afolabi-Oshatimehin Adenike Harriet Dunmade Modupe Oluwole April 11 Buari Edun Abdulganiy Abimbola Abdussalam Esuwoye Moji Makanjuola Ibrahim Kayode Adeyemi Apaola March 28 Ita-Nmo Market Razaq Atunwa KW-GIS Ajayi Okasanmi Age AbdulKareem Erubu Kwara Liberation Group Doyin Awoyale Oko-Erin Aasiyat Bello Oyedepo Ibrahim Orire Unicontinental Construction Company Folorunsho Alao Saad Belgore Olabanji Orilonishe Sebastine Obasi Senior Special Assistant On Student Affairs SSA Youth Taofeeq Olateju General Hospital Sheikh Ariyibi AbdulFatai Adeniyi Dan-Kazeem Donatus Ejidike Minimum Wage Dasuki Belgore

