{"id":66885,"date":"2022-11-22T22:53:57","date_gmt":"2022-11-22T21:53:57","guid":{"rendered":"https:\/\/nationalwire.com.ng\/?p=66885"},"modified":"2022-11-22T22:54:25","modified_gmt":"2022-11-22T21:54:25","slug":"dangote-sugar-boosts-its-700m-investment-increases-numan-sugar-plantation-by-179-to-24200-hectares","status":"publish","type":"post","link":"https:\/\/nationalwire.com.ng\/sub\/dangote-sugar-boosts-its-700m-investment-increases-numan-sugar-plantation-by-179-to-24200-hectares\/","title":{"rendered":"Dangote Sugar Boosts Its $700m Investment; Increases Numan Sugar Plantation By 179% To 24,200 Hectares \u00a0"},"content":{"rendered":"
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President of the Dangote Group, Alhaji, Aliko Dangote, has announced that the Dangote Sugar Refinery (DSR) Plc is significantly scaling up its investment in the sugar sub-sector in line with the requirement of the Nigeria Sugar Master plan (NSMP).<\/p>\n

\"\"Speaking at the Flag off Ceremony of the 2022\/2023 Crushing Season and Outgrower Scheme Awards in Numan, Adamawa State, Dangote said the company\u00a0<\/span>is making massive investments in Adamawa State through the expansion of DSR Numan sugar refining capacity from 3,000 tons of cane per day (tcd) to 6,000 tcd, 9,800 tcd and to 15,000 tcd.<\/p>\n

Noting that increasing the sugar refining capacity will require a corresponding increase in sugarcane production capacity, he revealed that the company has concluded plans to increase its sugar plantation from the current land area under cane production of about 8,700 hectares in 2022 to about 24,200 hectares within the next 7 years.<\/p>\n

He also assured that the company will double\u00a0its scholarship and empowerment schemes in its host communities.\u00a0<\/span><\/p>\n

\u201c<\/span>We will continue to introduce more initiatives to support our host communities. Through these initiatives and our numerous Corporate Social Responsibility activities which are numerous to mention, DSR Numan will be able to touch the lives of the people, bringing social, economic, and infrastructural development to our host communities.\u201d<\/p>\n

He said: \u201cWe are thus committing over $700 million to our investment in the Backward Integration Programme (BIP) to enable us to put in place needed infrastructure for the eventual commencement of full-scale production,\u201d he said.\u00a0\u00a0<\/span><\/p>\n

Dangote further assured that Dangote Sugar will change the trajectory by making Nigeria self-sufficient in the sector.\u00a0<\/span><\/p>\n

Already, the company noted that it has spent billions of naira in developing infrastructural facilities for host communities. \u00a0\u00a0<\/span><\/p>\n

Speaking, also at the event, the Minister of Industry, Trade, and Investment Otunba Adeniyi Adebayo described the Dangote Refinery as the biggest contributor to the sugar development stride of the Federal Government. \u00a0<\/span><\/p>\n

The Minister also commended Aliko Dangote and the Management staff of Dangote Sugar for their massive support through the company\u2019s corporate social responsibility scheme which he said should be highly commended. \u00a0<\/span><\/p>\n

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. \u00a0<\/span><\/p>

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In the same vein, Governor of Adamawa State, Umaru Fintiri who was 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.\u00a0He assured the company of the support of the state government and enjoined other corporate bodies to imbibe Dangote\u2019s spirit of job creation across the country.<\/span><\/p>\n

Speaking on behalf of the traditional rulers, Hama Bachama\u00a0\u00a0 Dr. Daniel Shaga Ismail described Dangote as God-sent and pledged that his people would continue to support the company. \u00a0<\/span><\/p>\n

Aliko Dangote further announced a Free Education for all the students of Dangote Sugar Refinery High School, among other scholarship winners announced. \u00a0\u00a0<\/span><\/p>\n

The overall best Outgrower farmer, Christiana Rufus thanked the company and promised not to relent in her effort.<\/p>\n

Six farmers mostly women emerged as overall best farmers in the contest.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

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PHOTO CAPTION<\/p>\n

NUMAN A: L-R: Group Managing Director, \u00a0Dangote Sugar Refinery Plc, Ravindra Singhvi; \u00a0Chief of Staff to the Adamawa State Governor,\u00a0 Prof. Maxwell Gidado; Hon. Minister of Industry, Trade and Investment, Otunba Adeniyi Adebayo; Deputy Governor of Adamawa State, Crowder Seth and President\/CE Dangote Industries Limited, Aliko Dangote at the Flag-off ceremony of 2022\/2023 Crushing\u00a0 Season and Outgrower Scheme Awards at Dangote Sugar Refinery in Numan, Adamawa State yesterday.<\/p>\n

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NUMAN B: L-R: President\/CE Dangote Industries Limited, Aliko Dangote congratulates overall winner of\u00a0 the outgrower scheme, Christiana Rufus with Group Managing Director, \u00a0Dangote Sugar Refinery Plc, Ravindra Singhvi; at the Flag-off ceremony of 2022\/2023 Crushing\u00a0 Season and Outgrower Scheme Awards at Dangote Sugar Refinery in Numan, Adamawa State yesterday.<\/p>\n<\/div>\n<\/div>\n

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President of the Dangote Group, Alhaji, Aliko Dangote, has announced that the Dangote Sugar Refinery (DSR) Plc is significantly scaling up its investment in the sugar sub-sector in line with the requirement of the Nigeria Sugar Master plan (NSMP).\u00a0\u00a0<\/p>\n","protected":false},"author":6,"featured_media":66886,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[23,17],"tags":[2972,1802],"coauthors":[2391],"class_list":["post-66885","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-business","category-news","tag-alhaji-aliko-dangote","tag-dangote-sugar"],"yoast_head":"\nDangote Sugar Boosts Its $700m Investment; Increases Numan Sugar Plantation By 179% To 24,200 Hectares \u00a0 - National Wire<\/title>\n<meta name=\"description\" content=\"President of the Dangote Group, Alhaji, Aliko Dangote, has announced that the Dangote Sugar Refinery (DSR) Plc is\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nationalwire.com.ng\/sub\/dangote-sugar-boosts-its-700m-investment-increases-numan-sugar-plantation-by-179-to-24200-hectares\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dangote Sugar Boosts Its $700m Investment; 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