The management of Dangote
Sugar Refinery Plc (DSR) has said the company will employ thousands of
Nigerians in its proposed sugar plantations to be sited in Sokoto, Kebbi,
Jigawa, Taraba, Kogi and Kwara States.
The company’s new Group
Managing Director, Mr. Graham Clark, made this known during an interactive
session with journalists in Lagos recently. Clark also announced the promotion
of the former Managing Director of the company, Engr. Abdullahi Sule, to the position
of Deputy Group Managing Director.
Clark said DSR will
continue to strengthen output, sales and distribution, through a large
distribution network, in addition to investing in new factories. He said DSR
embarked on the expansion as part of its efforts to boost integrated sugar cane
farming and sugar milling. He expressed the confidence that remodeling of the
company’s integrated sugar production will enhance its value-chain process, as
by-products will be extracted from sugar cane for production.
He said: “Unlike before,
where we import raw sugar for refining, the economic model of the sugar
plantation is profitable when examined from the value-chain process. We will
change the whole process and seek partnerships with communities and state
governments in order to aid land acquisition for sugar plantation.
“The company is actively
pursuing a backward integration master plan with a target of producing a total
of 1.5 million tonnes of sugar per annum locally from its subsidiaries.” He
added that the company would harness opportunities in the regional markets
after it had satisfied demands in the local market. The company plans to resume
exports to selected West African countries in the first quarter of 2014.
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God help and make it profitable for Nigeria, Africa and World in general. Amin.
ReplyDeleteYes it is, and also it is helpful for financial services industries and business. Both the end its looks like the same.
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