Dangote Sugar Refinery to employ 30K youths, cut import 40%

Sugar

Dangote Sugar Refinery to employ 30K youths in 100,000ha expansion

By Jeph Ajobaju, Chief Copy Editor

Dangote Sugar Refinery is embarking on Phase II of its project to cover more than 100,000 hectres (ha) of land that will make the plant the largest in Africa, employ over 30,000 youths, and slash Nigeria’s sugar import 40 per cent.

The integrated sugar complex, which will be located in Tunga in Awe Council Area of Nasarawa, will comprise 60,000ha sugar plantation and two sugar factories with capacity to produce 430,000 tonnes of refined white sugar per annum.

Dangote Group President Aliko Dangote disclosed this in a statement.

“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,” Dangote said, per reporting by The PUNCH.

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Fuel palaver to end with Dangote Refinery up and running

Dangote Refinery is also expected to end almost all of Nigeria’s fuel troubles when it starts production despite the new shift in date from 2022 to late 2023.

The refinery in Lekki Free Zone in Lagos has capacity to produce 650,000 barrels per day (bpd) and will be Africa’s biggest oil refinery and the world’s biggest single-train facility when it comes on stream.

A report by Chapel Hill Denham titled, “Dangote Refinery can provide the needed breather for Nigeria’s public finances”, reiterates that Dangote Refinery will surpass Skikda Refinery in Algeria (366kb/d) and Port Harcourt Refinery (210kb/d).

The report says Dangote Refinery offers a ray of hope amid recurring fuel chaos in Nigeria worsened by the failure to refine crude in any of the four government refineries in Kaduna, Warri, and Port Harcourt which has two.

Chapel Hill Denham noted that Nigeria depends on imported refined fuel even as the four refineries have a combined capacity for 445 kb/d.

Jeph Ajobaju:
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