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Dangote signs $450million jumbo sugar MoU with Niger State

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The Pan African Conglomerate, Dangote Group today in Minna, Niger State signed a Memorandum of Understanding (MoU) with the State Government for the establishment of a jumbo $450million state-of–art and fully integrated sugar complex.

According to the President of the Group, Aliko Dangote, on completion, the project will generate over 15,000 jobs in the state and bring about a complete economic turn-around for the state.

The $450million pact which was signed in the government house will see the company producing raw sugarcane on 16,000 hectares of land at Lavun Local Government through an out-grower scheme.

The company, which is currently operating out-grower scheme in rice production in a number of states, has  Africa’s largest sugar refinery in Lagos and a sugar cane plantation in Numan, Adamawa State.

Mr. Dangote said his investment was informed by his Company’s firm belief in the potentials of the Nigerian economy, adding that the new outlay will add value and create jobs for Nigerians.

He commended the state Governor, Alh. Abubakar Sani Bello for his foresight and efforts to woo investors to Niger State noting “the Dangote’s Integrated Sugar Project in Niger State will also include the establishment of integrated sugar mills, generate power, produce molasses, ethanol fuel, biomass and produce animal feeds.”

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Remarking, Governor Bello said the deal will revolutionize agriculture in his state and Nigeria. Expressing joy that the MoU was signed during his own administration, he described Dangote as the liberator of the Nigerian economy and a dependable partner.

The Governor, however urged Dangote Group to explore other investment opportunities available in the state, just as he announced that the state was opened for multi-sectoral investments.

The $450million pact which was signed in the government house will see the company producing raw sugarcane on 16,000 hectares of land.

Representative of the Minister of Industry, Trade and Investment, Alhaji Aminu Bisala said Dangote is the biggest private sector supporter of the Nigerian economy, and Federal Government policies.

He said the Federal Government was comfortable with the numerous investments efforts of the Dangote Group.

Also speaking, Chairman of the Niger State Traditional Council Etsu Nupe, Alhaji Abubakar Yahyah said he was elated about the huge investment coming to the state, while praying God to bless the Dangote Group more.

According to reports, just last week, the conglomerate had sponsored an investment summit in the State, which was attended by former Presidents Abdulsalami Abubakar, Olusegun Obasanjo and the then Acting President, Yemi Osinbajo, who described the private sector as key to the country’s economic development.

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Group Managing Director of Dangote Sugar Plc, Engr. Abdullahi Sule stated that the MoU would be a game changer for Niger State economy and Nigeria as a whole.

He said the integrated sugar mills will have the capacity to produce 160,000MT of raw sugar, pointing out that has been in the fore front of support for government industrialization programmes through backward integration policy in agriculture.

He stressed that the Dangote Sugar Refinery is developing a sugar backward integration plan through the production of 1.5MT/PA in ten years in: Nasarawa, Adamawa, Kogi, Kwara, Taraba and Niger states respectively.

The Group’s Executive Director Stakeholders’ Management and Corporate Communication, Ahmed Mansur had also announced that the Group was investing over $1billion in the agricultural sector in the country, specifically in rice, sugar, tomato and dairy productions.

Niger State Commissioner for Investment, Commerce and Industry, Rahmatu Muhammad Yar’Adua said that the deal with Dangote Group will help grow the agricultural sector and create direct and indirect jobs in the state.

It would be recalled that the Group’s foray into sugar business began in 1981. It has injected over $104million into the Savannah Sugar Company Limited it acquired from government in 2003. Savannah Sugar this year alone, produced 20,000MT of raw sugar from its plantation.

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National Issues

#ENDSARS: Buhari to address the Nation at 7pm on Thursday

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President Muhammadu Buhari will make will make a national broadcast Thursday, October 22, 2020 at 7pm.

This was stated in a Press Statement by the Special Adviser to the President on Media and Publicity, Femi Adriana

According to him, “Following detailed briefing by security chiefs on the current situation in the country, President Muhammadu Buhari

”Television, radio and other electronic media outlets are enjoined to hook up to the network services of the Nigerian Television Authority (NTA) and Radio Nigeria respectively for the broadcast”.

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National Issues

#ENDSARS: ‘Military offensive on protesters is an abomination, Akande -Sadipe talks tough

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Akande-Sadipe

The Chairperson, House of Representatives Committee on Diaspora Affairs, Hon. Tolulope Akande-Sadipe has called on President Muhammed Buhari to address the killing of unarmed protesters across the nation, while condemning the killing of protesters by Armed Security operatives in the country.

Tolulope Akande Sadipe in a statement made available to journalists on Wednesday said, “I weep for my beloved country, Nigeria. This is the Darkest Moment in our Nation. The Current Action is Unacceptable”.

She wondered why men of the Nigerian Army turned on the people they were meant to Protect, firing live bullets at citizens holding the Nigerian Flag and chanting the National Anthem, describing such as an “Abomination”.

“I, as a member of the House of Representatives cannot keep quiet in the midst of this abominable action. I was duly elected to be the voice of my people and my people are weeping”, she said.

She opined that the protests were about a generation trying to end the systematic rot that pervades the society, which had eaten deep into the fabrics of the Nation.

The APC chieftain  continued, “We need to be honest with one another on this matter. We need to face the truth on ground. The youths were out there because they are tired and fed up of victimization, daily oppression, injustice, unemployment, untapped talents, lack of opportunity, poor healthcare, poor education and lack of infrastructure and power across the Nation. The Youths are protesting for a better future for themselves and their children. The #EndSARS PROTEST stands for the systematic ROT in our Nation.

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“This was about the realities on ground. This was about the ROT since independence. This was about genuine service to the people who elected us to represent them. This was not about the President, this was not about the current administration, this was not about North and South, this was not about Religion. This was not about party affiliation. This was about a Generation trying to end the systematic ROT that pervades our society”.

Speaking against the backdrop that there are some external forces pushing for the destruction of Nigeria, the lawmaker representing Oluyole Federal Constituency  said the Federal Government should genuinely address issues.

“Those alluding, that there is a 5th Columnist within or external, there is a solution. If there is a 5th columnist or external negative force, pushing for the destruction of Nigeria, if we do the right thing, by genuinely addressing the issues that have led to the distrust between leadership and our youths, by addressing the rot that has pervaded our Nation. The 5th columnist in our midst or external negative force, would fail. But with this action, what have we said to the Youth and to the world.

“This is the time to make the wrongs right and it is not by bringing out the Army to shoot its own citizens, that we achieve this. We can still put a stop to this inferno. We must realize that no position is permanent and it is the country we make that we shall all live in”, she added.

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Concluding, she empathized with all the families of fallen Youth Patriots, praying that their death would not be in vain.

 

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National Issues

Nigeria Excluded From 2022 US Visa Lottery

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Nigeria has been barred from the US visa lottery application for 2022, a document obtained from the US Government website showed. 

In a 19-page document published on the website, Nigeria is the only African country barred from the visa lottery.

“For DV-2022, persons born in the following countries are not eligible to apply, because more than, 50,000 natives of these countries immigrated to the United States in the previous five years: Bangladesh, Brazil, Canada, China (including Hong Kong SAR), Colombia, Dominican Republic, El Salvador, Guatemala, Haiti, Honduras, India, Jamaica, Mexico, Nigeria, Pakistan, Philippines, South Korea, United Kingdom (except Northern Ireland) and its dependent territories, and Vietnam,” the document read. “Persons born in Macau SAR and Taiwan are eligible.”

Although natives of other African countries are allowed to apply, the document explained that “persons born in the areas administered prior to June 1967 by Israel, Jordan, Syria, and Egypt are chargeable, respectively, to Israel, Jordan, Syria, and Egypt,” it said.

“Persons born in the Gaza Strip are chargeable to Egypt; persons born in the West Bank are chargeable to Jordan; persons born in the Golan Heights are chargeable to Syria.”

In the document captioned “Instructions for the 2022 diversity immigrant visa program (dv-2022),” applicants must meet certain guidelines to be eligible for the visa lottery.

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“The Department of State determines selectees through a randomized computer drawing,” the statement added.

“The Department of State distributes diversity visas among six geographic regions, and no single country may receive more than seven per cent of the available DVs in any one year.”

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