NSDC hails BUA’s sugar investment in BIP | The Guardian Nigeria News - Nigeria and World News

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The National Sugar Development Council (NSDC) has commended BUA Foods Plc over the level of progress made at its wholly owned subsidiary, LASUCO Sugar Company Limited (LASUCO) in Lafiagi, Kwara State.

Over the years, BUA Foods has invested heavily in the backward integration programme of the Federal Government under the supervision of the NSDC.

“We believe at takeoff; this enormous project will make a huge impact to our business and the aspirations of the council”. “At the sugar council, our aim is to locally produce 70 per cent of Nigeria’s sugar consumption which is currently at 1.7metric tons per annum. LASUCO is expected to play a pivotal role in achievement of this goal as it’s expected to contribute up to 25 per cent of the targeted local consumption based on its capacity”.

 

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