Dangote to reduce sugar imports by 40%
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By Funmilayo Fabunmi
August 30, 2022
Management of Dangote Sugar Refinery Plc has said it is preparing to cut sugar imports into the country by 40%.
Dangote Group Chairman, Aliko Dangote, said in a statement that he was starting Phase II of his sugar project, which would cover more than 100,000 ha to make the sugar factory the largest in Africa, paving the way for the employment of more than 30,000 young people.
Dangote said the integrated sugar complex would be located at Tunga, Awe Local Government Area in Nasarawa State, and would include a 60,000 ha sugarcane plantation and two sugar factories with a production capacity of 430,000 tonnes of refined white sugar. sugar per year.
He said that "According to the Trade Data Monitor, Brazil's cumulative raw sugar exports to Nigeria in the 2020/21 season were 1.62 million tonnes, while the national cane sugar production fell from 75,000 tons to 70,000 tons, a decrease of about 6.7% in one year."
All rights reserved. This material and any other digital content on this website may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without the prior express written permission of PUNCH.
Contact: theeditor[at]punchng.com
Please share this story:
By Funmilayo Fabunmi
August 30, 2022
Management of Dangote Sugar Refinery Plc has said it is preparing to cut sugar imports into the country by 40%.
Dangote Group Chairman, Aliko Dangote, said in a statement that he was starting Phase II of his sugar project, which would cover more than 100,000 ha to make the sugar factory the largest in Africa, paving the way for the employment of more than 30,000 young people.
Dangote said the integrated sugar complex would be located at Tunga, Awe Local Government Area in Nasarawa State, and would include a 60,000 ha sugarcane plantation and two sugar factories with a production capacity of 430,000 tonnes of refined white sugar. sugar per year.
He said that "According to the Trade Data Monitor, Brazil's cumulative raw sugar exports to Nigeria in the 2020/21 season were 1.62 million tonnes, while the national cane sugar production fell from 75,000 tons to 70,000 tons, a decrease of about 6.7% in one year."
All rights reserved. This material and any other digital content on this website may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without the prior express written permission of PUNCH.
Contact: theeditor[at]punchng.com
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