By Wole Mosadomi
Minna—President of Dangote Group, Alhaji Aliko Dangote, and Niger State government have signed a Memorandum of Understanding, MoU, worth $450 million (N166 billion) for the development of an integrated sugar cane project to be located in Lavun Local Government Area of the state.
Governor Abubakar Bello of Niger State signed on behalf of the state, while Alhaji Dangote signed for his company at a ceremony in Minna, yesterday.
Alhaji Dangote, while signing the MoU, said the company will engage 30,000 workers and also empower numerous farmers.
He said: “The project will involve the development of a sugar cane plantation of about 16,000 hectares, which will be supplemented by an out grower scheme to produce 12,000 tonnes of cane per day and it will be crushed and refined into high quality white sugar.”
He said when operational, the Sugar refinery will produce 1.4 metric tonnes per annum, which is the largest in Africa and second largest refinery in the world.
Vanguard gathered that steps have reached advanced stage to pay compensations to the 43 communities which lands were acquired for the project, just as work on the refinery is expected to take off at the end of next month.