Dangote Group says it has signed a deal to commence the building of integrated sugar plants in six states in Nigeria. According to News Agency of Nigeria, the Chairman of the group, Alhaji Aliko Dangote, made the announcement at a forum in Lagos to honour major distributors of Dangote Foods in Lagos on Thursday.
According to the report, Dangote said that the plants, expected to generate up to 100,000 jobs, would be built in Adamawa, Taraba, Nasarawa, Kwara, Kogi and Niger. According to him;
“We are acquiring about 150,000 hectares for sugar plantations in Adamawa, Taraba, Nasarawa, Kwara, Kogi and Niger. We have designed a memorandum of understanding with the Nasarawa State Government for the construction of the sugar complex at Tunga,’’ he stated.
Dangote said that the company’s push for backward integration in providing raw materials on a large scale would result to a cumulative investment of 4.6 billion dollars in the next three years in sugar, rice and diary production.
According to him, the plants will help to eliminate Nigeria’s reliance on imported materials and also help to save foreign exchange.
