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Dangote to slash sugar import by 40%

The management of Dangote Sugar Refinery Plc has said that the company is planning to cut the amount of sugar that is imported into the country by 40 per cent.

This was disclosed by the President, Dangote Group, Aliko Dangote via a statement.

He revealed that the company is embarking on Phase II of its sugar project, which would cover over 100,000ha to make the sugar plant the largest in Africa, paving the way for the employment of over 30,000 youths.

According to The PUNCH, Dangote said the integrated sugar complex would be located in Tunga, in the Awe Local Government Area of Nasarawa State, and comprises 60,000ha sugar plantation and two sugar factories with the capacity to produce 430,000 tonnes of refined white sugar per annum.

It stated that “According to the Trade Data Monitor, Brazil’s cumulative raw sugar exports to Nigeria in 2020/21 season was 1.62 million tonnes, while domestic cane sugar production has slumped from 75,000 tonnes to 70,000 tonnes, about 6.7 per cent decline within one year.”

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