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Dangote Sugar invests $700m in expansion project

Dangote Sugar Refinery

The Dangote Sugar Refinery (DSR) Plc said it plans to invest up to $700 million in expansion projects in line with the requirements of the Nigeria Sugar Master Plan (NSMP).

President of the Dangote Group, Aliko Dangote, disclosed this at the flag-off ceremony of the 2022/2023 Crushing Season and Outgrower Scheme Awards in Numan, Adamawa State, according to a company statement yesterday.

Dangote was quoted as saying: “We are thus committing over $700 million to our investment in the Backward Integration Programme (BIP) to enable us put in place needed infrastructure for the eventual commencement of full-scale production.”

He said the company is making massive investments in Adamawa State through the expansion of DSR Numan sugar refining capacity from 3,000 tonnes of canes per day (tcd) to 6,000tcd, 9,800tcd and to 15,000tcd.

He noted that the expansion will require a corresponding increase in sugarcane production, adding that the company has concluded plans to increase its sugar plantation from the current land area under cane production of about 8,700 hectares (ha) in 2022 to about 24,200ha within the next seven years.

He also said DSR will double its scholarship and empowerment schemes in its host communities. “We will continue to introduce more initiatives to support our host communities.

“Through these initiatives and our numerous Corporate Social Responsibility activities, DSR Numan will be able to touch the lives of the people, bringing social, economic, and infrastructural development to our host communities.”

Dangote further assured that DSR will change the trajectory by making Nigeria self-sufficient in sugar production, and has spent billions of naira in developing infrastructural facilities for host communities.

We are thus committing over $700 million to our investment in the Backward Integration Programme (BIP) to enable us put in place needed infrastructure for the eventual commencement of full-scale production.

The statement also quoted the Minister of Industry, Trade, and Investment, Adeniyi Adebayo, as describing the DSR as the biggest contributor to the Federal Government’s sugar development stride.

The Minister also commended Aliko Dangote and the management of the Dangote Sugar for their massive support through its corporate social responsibility (CSR) scheme.

He said agencies under his Ministry will partner with the company to provide the technical know-how that will support the Dangote empowerment schemes in the host communities.

Similarly, Adamawa State Governor, Umaru Fintiri, represented by his Deputy, Crowther Seth, said he was amazed by the social-economic transformation carried out by the Dangote Group, adding that it is monumental.

He assured the company of the state government’s support and enjoined other corporate bodies to imbibe Dangote’s spirit of job creation across the country.

Speaking on behalf of the traditional rulers, Hama Bachama, Dr. Daniel Shaga Ismail described Dangote as God-sent and pledged that his people would continue to support the company.

Dangote further announced a free education boon for all the students of Dangote Sugar Refinery High School, among other scholarship winners announced.

Six farmers, mostly women emerged overall best farmers in the contest, and were given various attractive prizes. The overall best Outgrower farmer, Christiana Rufus, thanked the company and promised not to relent in her efforts.

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