Dangote’s N217bn Sugar Factory Ready for Take-Off in Nasarawa With 30,000 Jobs

Business magnate man Aliko Dangote, ranked by Forbes Magazine as the richest man in Africa, speaks during a send off ceremony of 250 Nigerian health workers on a mission to fight Ebola virus in affected West African countries and launch of African initiative operating under the hash tag #AfricaAgainstEbola in Lagos on December 3, 2014. Two hundred and fifty volunteer Nigerian medical corps under the auspices of the African Union Support to Ebola Outbreak in West Africa (ASEOWA) were given a send off to fight Ebola Virus Diseases in the affected three West African countries of Liberia, Sierra Leone and Guinea. The African Union, which is collaborating with the private sector to raise funds to support and strengthen the Unions response to the crises, is sending more than 1000 health workers before Christmas. AFP PHOTO/PIUS UTOMI EKPEI (Photo credit should read PIUS UTOMI EKPEI/AFP/Getty Images)
Dangote’s N217bn Sugar Factory Ready for Take-Off in Nasarawa With 30,000 Jobs
Dangote’s N217bn Sugar Factory Ready for Take-Off in Nasarawa With 30,000 Jobs

Dangote’s N217bn Sugar Factory Ready for Take-Off in Nasarawa With 30,000 Jobs

President of the Dangote Group, Alhaji Aliko Dangote, on Friday announced that his corporation was ready to commence the construction of its sugar factory in Nasarawa state and has earmarked the sum of N217 billion (about 700 million dollars) for the project.

Dangote, generally regarded as Africa’s richest man, paid a visit to the Nasarawa state governor, Mr Umaru Tanko Al-Makura at the government house in Lafia on Friday ahead of the take-off of the project.

The billionaire businessman stated that the sugar factory had the potential of creating over 30,000 jobs as well as providing opportunities for supplies from up to 10,000 contract farmers.

Dangote stated that the sugar factory which would be sited in Tunga in Awe local government area of the state, would produce about 480 tons of sugar as well as generate 96 megawatts of electricity for the state.

The production capacity of the sugar factory in Nasarawa will be the first in West Africa, no sugar factory produces more than 250 tons, so we are doing double in the state, we need about 600 trucks to distribute the sugar across the country,” Dangote said.

He added that the project could also help transform the lives of Nasarawa state residents as electricity generated by the sugar factory would provide support for small scale businesses.

Dangote also expressed the readiness of his company to build new schools and renovate existing ones within the area as well as provide pipe borne water for the development of the area.

In his response, Governor Al-Makura expressed the satisfaction of the government and people of the state with the decision of Dangote to invest in the state, reports Vanguard.

The governor also assured the company of a most enabling environment and promised to ensure maximum security of lives and properties for the successful take off of the project.

The Dangote Group is presently building a refinery in Lagos, recently commenced operations at its tomato processing factory in Kano and is equally building a truck assembly plant in Lagos, all expected to create thousands of jobs.

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