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Dangote Sugar Scales up Social Intervention Programmes

Published

2 years ago

19/09/2022

Dangote Sugar social intervention programmes

By Aduragbemi Omiyale

To give communities where it has its backward integration projects a sense of belonging, Dangote Sugar Refinery Plc has increased its social intervention programmes, spending billions of Naira to put in place social amenities that will make their lives better.

A statement from the Corporate Communication Department of the company said blocks of classrooms, scholarship, water scheme, rehabilitation and opening up of road network, and construction of health centre, among others, have been provided in Numan in Adamawa and Tunga Sugar Project in Nasarawa.

Dangote Sugar has 78,000 hectares of farmland in Nasarawa and 32,000 hectares in Adamawa. These two facilities have created thousands of jobs for Nigerians.

Currently, over 600 workers are engaged, while 90MW is to be generated in the Dangote Sugar Project in Tunga, Nasarawa State. When the factory is fully operational, it would have the capacity to crush 12,000 tons of cane per day,

So far, the organisation has pumped $500 million into the project in Nasarawa. More is to be invested in raw sugar production as part of the federal government’s sugar master plan.

Recall that the National Sugar Development Council (NSDC) developed a roadmap to realise self-sufficiency in the sugar sector within a short time.

The chairman of Dangote Sugar, Mr Aliko Dangote, said at a recent Annual General Meeting (AGM) of the company that Nigeria could rake in foreign exchange of up to $700 million yearly from the BIP scheme if fully implemented.

“If the national sugar master plan is strictly adhered to and the players follow the rules, the country will be better for it as Nigeria will save between $600 million and $700 million annually as forex,” he said.

The federal government has recognised these efforts by Dangote Sugar to change the narrative for good.

At a recent working tour of the company’s expansive Savannah Sugar Company (SSCL) Ltd in Numan, Adamawa State, and the Tunga sugar project site in Nasarawa State, the Minister of Industry, Trade and Investment, Mr Niyi Adebayo, said he was impressed “that such a project exists in this place.”

“What we’ve seen so far from all the plantations we’ve been to is very impressive. We are impressed with the level of work they are doing,” he added.

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Aduragbemi Omiyale

Aduragbemi Omiyale is a journalist with Business Post Nigeria, who has passion for news writing. In her leisure time, she loves to read.

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General

British Council Hosts Going Global Africa Conference in Abuja

Published

3 hours ago

13/01/2025

Business Post Contributor

The British Council, a UK-based organization dedicated to fostering cultural relations and educational opportunities, hosted the Going Global Africa Conference 2024.

The event, which took place from November 26 to 28 at the Transcorp Hilton Hotel in Abuja, was themed Building Sustainable and Relevant Tertiary Education Institutions and Systems in Africa.

It brought together policymakers, academics, industry leaders, and youth advocates to address critical issues in tertiary education across the continent.

At the opening session, which spotlighted youth aspirations and actionable strategies to bridge the gap between tertiary education and workforce demands, the Minister of Education, Mr Olatunji Alausa, unveiled the Nigerian Educational Sector Renewal initiative, a six-pillar agenda aimed at modernising the education system.

The session, titled The Future is Now: Realising the Vision of Africa’s Youth, was used by him to emphasised the importance of STEM and vocational training.

According to him, one of his takeaways from the opening plenary session is starting up student-led ventures, a good initiative the government would take on.

Throughout the three-day event, critical sessions explored the role of partnerships and innovation in strengthening tertiary education.

Another session titled Maximising Impact through Tertiary Education Partnerships, chaired by Prof. Sir Steve Smith, examined frameworks for sustainable education partnerships.

Also, at another session, Transitioning to the World of Work, led by Femi Taiwo, Founding Partner of F.I.T. Africa, delved into career-readiness strategies and the systems required to prepare graduates for industry demands.

Contributors such as Prof. Colin Riordan from the Association of Commonwealth Universities and Ms. Nadia Waggie from the University of Cape Town enriched these discussions with their expertise.

The conference also included a variety of focused sessions and panels, such as Learning Labs on technology integration, employability, and international research partnerships. Discussions highlighted access to education for marginalized groups, including women and persons with disabilities, with sessions such as Disability Inclusion in Tertiary Education led by Prof. Tracy Bhamra and featuring disability rights advocates.

Business Post reports that the conference coincided with the British Council’s 80th anniversary in Nigeria, celebrating decades of impactful partnerships in education.

“Hosting this conference in Sub-Saharan Africa underscores our commitment to fostering sustainable partnerships and innovation in education,” the Regional Director for Sub-Saharan Africa at the British Council, Lucy Pearson, remarked.

The event concluded with a renewed commitment to bridging the skills gap in Africa’s tertiary education.

The Acting Country Director for the council, Chilufya Besa, said, “By bringing together industry stakeholders, we have made significant progress in aligning education with workforce needs.”

General

Thailand Gifts Nigeria 32-Tonne Rice Shipment to Tackle Food Crisis

Published

6 hours ago

13/01/2025

Adedapo Adesanya

By Adedapo Adesanya

Nigeria has received a 32-tonne shipment of rice from Thailand as part of foreign relief to tackle escalating hunger and food insecurity.

The shipment, the first of its kind in a decade, has arrived in Lagos, according to DUCAT, the logistics company that facilitated its delivery.

The rice from Thailand was exported following Nigeria’s decision to implement a tariff moratorium on wheat, corn, rice, and other food crops last year, DUCAT revealed.

Although the duty waiver was introduced, purchases have largely been cautious, driven by concerns about its potentially harmful impact on local producers.

“Nigeria has been working hard to find solutions to broaden and strengthen its food supply accessibility,” DUCAT Chief Executive Officer, Mr Adrian Beciri said in a statement.

Several months ago, Nigeria unveiled a set of measures to combat soaring food inflation, which is rising at its fastest rate in three decades.

According to the last inflation update, food inflation reached 39.93 per cent year-on-year in November from 39.16 per cent the previous month in October 2024, caused by price rises for staples such as rice, maize, bread, potatoes and cooking oil.

Inflation quickened sharply in the second half of 2023 after President Bola Tinubu devalued the Naira and cut petrol and electricity subsidies to try to lift economic growth and shore up public finances.

Inflation has still not let up as it remained at 34 per cent as of November.

Many of the policies have failed to materialise including a 180-day window to allow duty-free imports of wheat, corn, and other critical food crops— a move promised would crash food prices.

A survey of market prices by Business Post indicates that food prices remained elevated during the last Christmas period.