In line with the federal government’s Backward Integration Programme on self-sufficiency in sugar, BUA Group said it has invested over $300million in its Lafiagi Sugar Company .Kwara State, the senior general manager, LASUCO, Abdul-Rasheed Olayiwola, said the company is an integrated milling factory.mill, Ethanol plant, sugar refinery and power plant that will be integrated into the national grid.
He explained that since 2014 that the company took over the land, the group has invested heavily to ensure that the BIP programme of the federal government becomes a success.He said, “BUA group has made over $300million investment so far on this project and when it becomes operational by first quarter of 2021, we will have 5,000 direct staff and over 10,000 indirect staff.
“The National Sugar Council of Nigeria has visited the site numerous times and has acknowledged their investment and is looking up to the company to lead the realisation of the sugar master plan of the federal government. They always leave this site fully satisfied that BUA is on course.”They have said Lafiagi is the main BIP project they are looking up to and that no sugar plantation has come near it in the country.
of electricity for the factory and is to be connected to the national grid for Nigerians to consume and a 10,000 tcd capacity sugar mill.”“Other sugar refineries have 3000 tonnes of sugar cane per day and this is even brown sugar because they have no equipment to refine to white sugar but ours will be doing 10,000 metric tonnes cane per day.”