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Backward Integration: Dangote Targets 700,000MT of Refined Sugar in Four years

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L-R: Company Secretary/Legal Adviser, Dangote Sugar Refinery Plc, Temitope Hassan; Group Managing Director/CEO, Dangote Sugar Refinery Plc, Ravindra Singhvi ; Executive Director, Dangote Sugar Refinery Plc, Mariya Aliko Dangote; and Chairman, Dangote Sugar Refinery Plc, Aliko Dangote, at the Dangote Sugar Refinery Plc 18th Annual General Meeting, on Tuesday, April 30, 2024 in Lagos.

 

Dangote Sugar Refinery Plc (DSR) has unveiled plans to produce 700,000 metric tonnes of refined sugar from locally grown sugarcane in the next four years, through its Backward Integration Programme (BIP).

Chairman of Dangote Sugar Refinery Plc, Aliko Dangote stated this at the company’s 18th Annual General Meeting (AGM) held yesterday in Lagos, just as the Nigerian Exchange released the company’s first-quarter result for 2024, indicating an increase of 20.1 per cent in its revenue to N122.7 billion.

Dangote, at the AGM, said in alignment with the Federal Government of Nigeria’s policy guidelines, DSR continues to focus on and enhance its Backward Integration Project (BIP) by deploying and reviewing project strategies to ensure efficient delivery.

He noted that the 700,000 metric tonnes would meet 50 per cent of the current market demand for refined sugar. According to him, the 10-year sugar development plan to produce 1.5 million MT of sugar per annum from locally grown sugarcane remains a germane roadmap to the attainment of the Company’s objectives.

Our focus is on achieving the revised targets set for DSR Numan Operations, Dangote Adamawa Sugar Limited, and Nasarawa Sugar Company Limited, while we are hopeful that the Taraba State Government will resolve the community payment issues that have led to the stoppage of activities at the Dangote Taraba Sugar Limited, Lau/Tau project.”

He added that “…During the year under review, despite the challenges we were faced with, the company significantly scaled up investment in the Backward Integration Projects with the ongoing expansion of the DSR Numan factory refining capacity from 3,000TCD to 9,800TCD year-end.

The factory will be increased with an additional 5,200TCD to 15,000 TCD (tonnes of cane crushed per day) eventually to meet the need in view of the massive land development activities also going on at the site. The aim is to achieve 24,200 hectares in total by the year 2029.”

He also emphasised that despite the adverse impact on the business environment by the continuous increase in the inflationary trend, lack of liquidity and FX to fund the company’s equipment import among others for the backward integration projects, concerted efforts are ongoing to secure the needed funds for the development of the Nasarawa Sugar Company Limited project at Tunga in Awe Local Government Area of the state.

This will enable the company to put in place the needed infrastructure for the eventual commencement of full-scale production and ensure that the Dangote Sugar Backward Integration ‘Sugar for Nigeria Project’ is achieved. In the end, over $700 million investment would be committed to the Backward Integration Programme,” he added.

Dangote said that the Dangote Sugar (Ghana) Limited, was established as a subsidiary of the Company during the year under review, in line with the plan to expand its presence in the sugar industry across Africa.

On outlook, he stated that “achievement of the goals of the Sugar Backward Integration Master Plan remains our focus. This will go a long way in delivering the anticipated benefits, especially in FX savings and cushioning its impact on our operations amongst other benefits to the company, all stakeholders, and the nation.”

Group Managing Director/CEO of Dangote Sugar, Ravindra Singhvi said, “Despite these challenges, we are resolute and focused on the delivery of our business targets in the medium to long term.”

He pointed out that “as we continue to navigate through the scarcity and high cost of foreign exchange, escalating costs of raw materials amongst others, our focus is to enhance the effectiveness of our supply chain processes, optimise cost, improve our operational efficiencies and delivery on our Sugar for Nigeria backward integration project.”

He said “the target is to produce a minimum of 1.5MT refined sugar annually from locally produced sugarcane at our integrated sugar production estates, which is expected to alleviate some pressure on costs and our demand for foreign currency.

Achievement of a sustainable business remains one of our key strategies and concerted efforts were made towards sustaining the achievements we have recorded in the past,” Singhvi added.

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Emirate Tussle:Justice Liman’s Ruling Not Helpful For The Judicial Process -Yadudu

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Court Sign

 

Reacting to the ruling, renowned constitutional lawyer, Professor Auwalu Yadudu, told Daily Trust that the judge’s pronouncements were strange and baffling by approbating and reprobating in the same breath.

He said the development was not helpful for the judicial process, stressing that the judge assuming jurisdiction on the fundamental human rights aspect and refusing the same on the validity of the substance of the case–the Kano emirates law–has “muddled up the case, and it is very unbecoming of a judge who has now been elevated to the Court of Appeal”.

Professor Yadudu clarified that while he was not accusing the judge of any impropriety, the pronouncements were unbecoming. “How can you say the actions taken in pursuant of a law are set aside, and then say you are not delving into the validity of the said law?” he queried.
Prof. Yadudu said further that the judge had more or less held that he lacked jurisdiction on the issue by transferring the case to another judge, but still went ahead to set aside the governor’s actions.

He said that the ex-parte order should no longer be of any currency because it is being challenged at the Appeal Court, and the judge himself admitted knowledge of this by granting a stay of proceedings and also deciding not to grant an order to nullify the law.

“All these are avoidable. It is not helpful for the judicial process. It is strange and doesn’t speak well of the judge. The question of whether the governor’s actions came before and after the exparte order is a question of fact or evidence. It seems from the record that the order came after,” he said.

-Daily Trust report

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Kano Emirate Law 2024 Remains ,But Governor’s Action Voided

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Alhaji Aminu Ado Bayero

A Federal High Court in Kano has set aside all steps taken by Kano state government to repeal the Kano Emirates Council Law.

The Kano House of Assembly had repealed the law after which Governor Abba Kabir Yusuf implemented it by dethroning Alhaji Aminu Ado Bayero as Emir of Kano.

The governor also reversed the creation of four emirates, Bichi, Rano Karaye and Gaya, and sacked the Emirs appointed by his predecessor, Dr. Abdullahi Umar Ganduje.

The law was also relied upon to re-appoint the 14th Emir of Kano, Muhammadu Sanusi II, who was dethroned by Ganduje in 2020, as the 16th Emir of Kano.

But a kingmaker in the former Kano emirate, Aminu Babba Danagundi, the Sarkin Dawaki Babba, challenged the propriety of the law and asked the court, through his counsel, Chikaosolu Ojukwu (SAN), to declare it null and void.

In his ruling on Thursday,  Justice Abdullahi Muhammad Liman set aside the action of Kano government, ordering parties to maintain status quo.

The judge held that the defendants were aware of the interim order granted by the court but chose to ignore it and went ahead with implementation of the law.

The judge held that he would assume his coercive powers to enforce compliance with his order.

However, the  judge transferred the case to Justice Simon Amobeda for continuation in view of his elevation to the Court of Appeal.

Daily Trust

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Arrest Kwankwaso Now-Group

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The Arewa Youths Merger Group has called for the immediate arrest of Senator Rabi’u Musa Kwankwaso, the National Leader and 2023 Presidential Candidate of the New Nigeria Peoples Party .This is contained in a press statement signed by. the chairman of the group Musa Mujahid Zantawa and made available to press.

This follows his recent statement accusing the All Progressive Congress (APC)-led Federal Government of fostering a new generation of Boko Haram terrorists and insurgents in Northern Nigeria.

Kwankwaso’s allegations have sparked significant controversy, prompting a strong reaction from the Arewa Youths Merger Group.
In a statement issued in Abuja, the association’s leader, Musa Mujahid Zaitawa, condemned Kwankwaso’s remarks as inflammatory and detrimental to national security.

Zaitawa asserted that such statements could exacerbate tensions and potentially incite violence in the region.

“Kwankwaso’s unfounded accusations against the federal government are not only reckless but also dangerous. They undermine efforts to combat terrorism and promote peace in Northern Nigeria,”

Zaitawa said. “We urge the authorities to take immediate action and arrest him to prevent further escalation of hostilities.”

Kwankwaso, a prominent political figure and former Governor of Kano State, made the controversial statement during a recent public address.

He accused the APC administration of failing to address the root causes of terrorism and instead contributing to its proliferation.

According to Kwankwaso, government actions and policies are inadvertently creating conditions conducive to the rise of a new breed of insurgents.

The situation remains tense as stakeholders from various sectors weigh in on the implications of Kwankwaso’s statement and the response from the Arewa Youths Merger Group.

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