The management of Dangote Sugar Refinery Plc says it is set to reduce the importation of sugar into the country by 40 per cent.
In a statement, the President of Dangote Group, Aliko Dangote, explained it was venturing into Phase II of its sugar project, which would cover over 100,000ha to make the sugar plant the largest in Africa.
This would pave way for the employment of over 30,000 youths.
ATTENTION: Click “HERE” to join our WhatsApp group and receive News updates directly on your WhatsApp!
Dangote mentioned the integrated sugar complex would be located in Tunga, in the Awe Local Government Area of Nasarawa State.
It would make up a 60,000ha sugar plantation and two sugar factories with the capacity to produce 430,000 tonnes of refined white sugar per annum.
“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,” the statement reads in part.
