Sat. Nov 23rd, 2024

BUA Builds Sugar Refinery, Plantation in Kwara

BUA Sugar Refinery in Kwara

By Dipo Olowookere

Foremost industrialist, Mr AbdulSamad Rabiu, is building a multi-million Dollar sugar refinery and plantation in Lafiagi, Edu local government area of Kwara State.

The project, according to Mr Rabiu, is expected to be completed in 2020 and should generate not less than 10,000 jobs and produce about 14,000 tonnes of canes per day.

Speaking during the tour of the project site on Monday, the businessman said the sugar plantation in Lafiagi and the refinery is one of the most advanced anywhere in the world.

“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,” he said.

Mr Rabiu, who was with the Kwara State Governor, Mr AbdulRahman AbdulRazaq, on the tour, 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.”

According to him, “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 noted 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.”

In his remarks, Governor AbdulRazaq assured Mr Rabiu that the state would support the project and other investors in the state to succeed by creating the right environment.

According to Mr AbdulRazaq, 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 siting its multi-million dollar sugar plant in Lafiagi, enthusing that the facility would make the local government the richest in the North Central.

“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,” Mr AbdulRazaq said.

He said the plant will produce about 25 percent of Nigeria’s sugar need when it begins operation next year and 75 percent 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,” the Governor 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.

It was gathered that Governor AbdulRazaq was accompanied by the Speaker of Kwara State House of Assembly, Mr Yakubu Danladi; and Kwara commissioner-designates, Mr Rotimi Iliasu and Joanna Kolo who is from the local government.

By Dipo Olowookere

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan. Mr Olowookere can be reached via [email protected]

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