Dangote to build N140bn sugar factory in Nigeria

Dangote Sugar: Emir confirms payment of compensation to 2,000 farmers
United Bank for Africa

The Niger State Government has assured investors of conducive atmosphere for their investment to thrive as Dangote Industries Limited concluded plans for the take-off of a N148 billion ($450m) sugar factory in the state.

Governor Abubakar Sani Bello gave this assurance through his deputy, Ahmad Muhammad. Ketso, at a meeting between officials of Dangote Group and representatives of Jima-Nupeko villages, in Lavun and Mokwa local government areas – the host community for the proposed sugar factory.

The meeting, which took place at the Etsu Nupe’s palace in Bida, was geared towards discussing and harmonising the interest shown by Dangote Industries Limited to acquire 16,000 hectares of land for sugar cane farming and sugar production.

The Governor said that one of the means of creating job opportunities by his administration for the teeming youths in the state was by encouraging investors and development partners.

This, he said, would go a long way in boosting the economy of the state, reduce unemployment and youth restiveness, as well reducing crime rates as people would be gainfully engaged and increase the state’s internally generated revenue.

Bello then appealed to other investors, especially those in agriculture and agro-allied industry, to cash in on the state’s comparative advantage and various economic incentives being offered by the government to invest there.