NSDC lauds BUA over contributions to sugar industry

  • 📰 PremiumTimesng
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 78%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

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

When fully completed, the over $300 million integrated sugar factory will comprise of a sugar mill with a capacity of 10,000tons of cane per day, a sugar refinery with an annual capacity of 220,000 metric tonnes, a 35 megawatts power generating plant to fuel the factory with potential to supply the national grid, and a 20 million litres per annum ethanol production plant.The plantation also has a 3km airstrip of international standard, built to support its operations.

Speaking during the working visit to the plantation, the Executive Secretary of the NSDC, Zacch Adedeji, said the President Muhammadu Buhari’s led Government is committed to revamping the sugar industry through the Nigeria Sugar Master Plan, which has the capacity to ensure we grow what we eat, and eat what we grow while providing job opportunities for millions of Nigerians.

The company is working towards supporting farmers through an out-grower scheme to increase sugar cane production and provide a springboard for expansion of its local sugar production while impacting the host community and Nigerian economy at large.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines