Skip to main content

Dangote, Niger State sign N166bn MoU on sugar production

DANGOTE Group, yesterday, in Minna, signed a Memorandum of Understanding (MoU) with Niger State Government for the establishment of a fully integrated sugar complex, worth $450 million (about N166 billion), in the state, a boost to government’s backward integration policy towards attaining self-sufficiency in sugar production. President of the Group, Aliko Dangote, said on completion, the project will generate over 15,000 jobs in the State and boost its economic fortune.  He said it will see the company producing raw sugarcane on 16,000 hectares of land at Lavun Local Government through an out-grower scheme. The company, which is currently operating out-grower scheme in rice production in a number of states, has Africa’s largest sugar refinery in Lagos and a sugar cane plantation in Numan, Adamawa State. Okechukwu Enelama, the Minister of Industry, Trade and Investment, who was represented by Alhaji Aminu Bisala, noted that Dangote is the biggest private sector supporter of the Nigerian economy and Federal Government policies. He said government was comfortable with the numerous investment efforts of the Dangote conglomerate. Also speaking, Group Managing Director of Dangote Sugar Plc, Engr. Abdullahi Sule, said the MoU would transform the economy of Niger State and that of Nigeria as a whole.   He said the integrated sugar mills will have the capacity to produce 160,000MT of raw sugar, adding that Dangote Sugar Refinery is developing a sugar backward integration plan through the production of 1.5MT per annum over ten years in Nasarawa, Adamawa, Kogi, Kwara, Taraba and Niger states.
Labels:

Comments

Post a Comment

Popular posts from this blog

Shocking !!! Man attempts to use father,siblings and friends for rituals

A 26-year-old man, identified as  Chukwuemeka Okafor, has been arrested by the Police in Anambra for allegedly attempting to use his father, two siblings and five friends for money ritual. The suspect, who is an indigene of Ifite-Awka in Awka South Local Government Area of Anambra, was arrested following information made available to the police by a vigilant resident of the community. The Commissioner of Police in the state, Garba Umar, who briefed journalists in Amawbia on Thursday on the arrest of the suspect, said the father had innocently provided N100,000 to his son unknown to him that the son had a devilish intention. Mr. Umar said that the suspect lied to his father about a business which made him to raise the money for him believing that it was for a genuine venture. He further said that after collecting the money, the suspect proceeded to the house of a native doctor to prepare a charm that would enable him to eliminate his father, two siblings and five of his friends...
Post a Comment
Read more

Fayose Begs Buhari to Resign, Calls Him Sick and tired

President Muhammadu Buhari has been urged to throw in the towel as his illness has made it impossible for him to lead the country. Ekiti State Governor, Ayodele Fayose, has begged President Muhammadu Buhari to resign and go home for a good rest. The Governor said he still stands by all he said about President Buhari on his ill health and has no apologies. Speaking on Wednesday in Ado Ekiti, the Chairman of the Peoples Democratic Party’s Governors Forum advised the president to stop deceiving Nigerians as the truth cannot be hidden forever. He said,  “If not for our efforts, Buhari wouldn’t have returned now. Buhari is sick and tired and even his physical appearance betrayed this and he needs to go home and rest.   “Today, they have cancelled the Federal Executive Council meeting. You cannot hide the truth forever, it will reveal itself someday. You cannot continue to deceive Nigerians.   “Every word that has come out of my mouth, I have no apology for them. Presid...
Post a Comment
Read more
The city of Port Harcourt is still witnessing a brewing ‘war’ between two popular men of God, Apostle Chinyere Chibuzor of Omega Power Ministries OPM and Senior Pastor David Ibiyeomie founder of Salvation Ministries. First was the silent move by Pastor David Ibiyeomie in destroying brothels, Night Clubs and joints that house prostitutes and adjoining businesses associated with weird life style. Apostle Chinyere Chibuzor then took it upon himself to preach to the s*x workers, baptize them and even join them in marriage. Pastor David Ibiyeomie, during a recent program at his church in Port Harcourt, has declared that anyone that is 35 of age and is still unmarried is irresponsible. According to him, “ If you are still single at 35, you are an irresponsible person .” Adding that it is not the will God. Well, Apostle Chibuzor chinyere didn’t agree with him, hence the shade below….
Post a Comment
Read more