Dangote, Niger State partner on sugar production
Dangote Group has signed a Memorandum of Understanding (MoU) with Niger State Government for the establishment of a fully integrated sugar complex in the state.
The project worth $450 million (about N166 billion), is intended to boost the state government’s backward integration policy towards attaining self-sufficiency in sugar production.
President of the Group, Aliko Dangote, said on completion, the project would generate over 15,000 jobs in the State and liftt its economic fortune.
He further stated that it would see the company producing raw sugarcane on 16,000 hectares of land at Lavun Local Government through an out-grower’s scheme.
The company, which is currently operating out-grower’s 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 at the signing ceremoney 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 would have the capacity to produce 160,000MT of raw sugar, adding that Dangote Sugar Refinery was 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.