Adedeji, who disclosed this, yesterday, during the ground-breaking of N300 billion Brent Sugar Plantation and Mill in Iseyin, Oyo State, said that the investment by Brent Sugar was a practical demonstration of the commitment of President Muhammadu Buhari towards building a productive country.
“We must commend Brent Sugar Limited for deeming it fit to establish this kind of project in this environment. This is not only for Oyo State, but also for Nigeria. He, therefore, urged the people to cooperate with the company, saying there were lots to benefit as a community and nation. Also, Chief Executive Officer, Brent Sugar Limited, Mr. Martins Akinola, said the total investment that would be committed to the project was about N300 billion over a period of five years.
The firm boss also said that 300,000 litres of ethanol would be generated from the waste from the refinery. Akinola said that part of their social responsibilities to the Iseyin community would be building of a model school and award of scholarships to indigent students. “We are expecting, by the special grace of God, to be into production and milling in the next two years here in Iseyin. We have technical partners from abroad.
This is part of dividends of democracy from our dear president.