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2021: Dangote increases sugar production by 9.2% to 811,962 tonnes

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Aliko Dangote

 

 

For the full year ended December 31, 2021, the Management of Dangote Sugar has revealed that the group’s production volume increased by 9.2 percent to 811,962 tonnes in contrast to 743,858 tonnes, in the corresponding period of 2020.

 

This volume was said to be achieved on the strength of improved operational efficiency despite the adverse impact of the perennial Apapa traffic gridlock situation.

The company however recorded a gross profit of N50.21 billion and profit after taxation of N22.05 billion.

 

The reported group’s revenue of N276.50 billion for the full year, represents an increase of 28.8 percent over N214.30 billion recorded in the year 2020. The company also recorded increase in Group sales volume, which rose by 5.7 percent to 773,341 tonnes compared to 731,701 tonnes in 2020.

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Dangote Sugar Refinery in its 2021 audited results stated that growth in 2021 was supported by the positive market responses to key trade interventions introduced during the year. Group production volume increased by 9.2 percent to 811,962 tonnes in contrast to 743,858 tonnes and was achieved on the strength of improved operational efficiency despite the adverse impact of the perennial Apapa traffic gridlock situation. The company recorded a gross profit of N50.21 billion and profit after taxation of N22.05 billion.

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Group managing director, Dangote Sugar Refinery, Ravindra Singhvi in his remarks said Our impressive performance in the year demonstrates our resilience in the face of prevalent challenges, which rightly reflected in strong topline growth shown in the financial results. During the year under review, we concluded integration of our new 50kg packaging for the fortified and non-fortified sugar bags in the market. This refreshed our brand personality and led to a deeper connection to the Dangote Sugar brand among our valued customers and consumers, whilst sustaining our market presence and leadership with the product quality.”

 

“We also continued our Sustainability journey with the inclusion of United Nations Goal 13 to the Dangote Sugar Strategic Priority SGDs 2, 4, 6, 8 and 12 to ensure we contribute and make meaningful impact to the society. Our Supply Chain Management process is being certified to ISO 40200 (Sustainable Procurement), and Bonsucro Certification is in view”, he added.

 

Dangote Sugar Refinery has continued to enhance   Outgrowers Management at the Sugar Backward Integration sites. The aim is to support the economic growth of the immediate communities where the refinery operates with about 5,000 outgrowers when the projects have fully taken off. The key focus is achievement of the Dangote Sugar Backward Integration Projects targets and put Nigeria on the path of sugar self-sufficiency and on the world sugar map.

 

The sugar refinery places top priority on the Health and Safety of staff and partners remains a top priority with Apapa Refinery and Backward Integration Operations in Numan, Adamawa State and Tunga, Nasarawa State operating in compliance with stipulated health and safety protocols.

 

Dangote Sugar Refinery is Nigeria’s largest producer of household and commercial sugar with 1.44M MT refining capacity at the same location, refines raw sugar imported from Brazil to white, Vitamin A fortified refined granulated white sugar suitable for household and industrial uses.

Its Backward Integration goal is to become a global force in sugar production, by

producing 1.5M MT/PA of refined sugar from locally grown sugar cane for the domestic and export markets.

To achieve this, Dangote Sugar Refinery Plc acquired DSR Numan Operations (Savannah Sugar Company Limited), located in Numan, Adamawa State in December 2012, and embarked on the ongoing rehabilitation of its facilities and expansion of its 32,000 hectares’ sugarcane estate.

 

In September 2020, the scheme of merger between DSR and Savannah Sugar Company Limited was completed which gave birth to a bigger and stronger business with considerable opportunity for growth and delivery of superior benefits to all stakeholders. The expansion of the Numan sugar estate is still ongoing as well as the development of the greenfield site acquired at Tunga, Nasarawa State for the achievement of DSR’s sugar for Nigeria development master plan.

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BREAKING: INEC Declares Adeleke Winner of Osun Guber Election

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By Yusuf Danjuma Yunusa

The Independent National Electoral Commission (INEC) has declared incumbent Governor Ademola Adeleke the winner of the Osun State governorship election, defeating his closest rival, Bola Oyebamiji of the All Progressives Congress (APC).

Mr Adeleke, the Accord Party candidate, was announced winner by the state returning officer in the early hours of Sunday after a fiercely contested poll across the state’s 30 local government areas.

Mr Oyebamiji, the state’s former finance commissioner, came second, while the African Democratic Congress (ADC) candidate, Najeem Salaam, emerged as the second runner-up.

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A total of 15 political parties contested the election, with 1,906,390 permanent voter cards collected, according to the electoral umpire.

Mr Adeleke, who defected from the Peoples Democratic Party (PDP), under which he won his first election in 2022, had touted his achievements in the state’s economy, infrastructure, pension payments, the health sector, and digital transformation.

INEC announced on Sunday that Mr Adeleke won in local councils, including Oriade, Osogbo, Orolu, Ife Central, Ilesha-West, Ife-North, Ede South, Ifedayo, Boluwaduro, Iwo and Ifelodun.

Mr Oyebamiji won in Ilesha South, Boripe, Irepodun, Obokun, and Atakumosa West.

“Osun is no longer offline. Osun is awake—digitally and economically,” the governor said while highlighting his achievements recently. “We pay what is owed. We respect those who served. This is not politics. This is performance. This is leadership with results. Osun is rising—and we are not turning back.”

Before the election, he repeatedly alleged attempts to disrupt it. He had also vowed to constitute an independent commission of inquiry after Saturday’s governorship election to investigate all reported killings and acts of violence connected with the electioneering.

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Civilian Sponsors Were Indispensable to Every Successful Coup in Nigeria, Says Babangida

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General Ibrahim Badamasi Babangida

 

By Yusuf Danjuma Yunusa

Former military Head of State, General Ibrahim Badamasi Babangida (retd.), has asserted that every successful military coup in Nigeria’s history has depended on active support or sponsorship from civilians, challenging the long-held narrative that the country’s political upheavals were purely soldier-led affairs.

In an interview with Badeggi 90.1 FM in Minna, aired ahead of his 85th birthday on Monday, the former president stated that wealthy civilians have historically played instrumental roles in funding and facilitating military takeovers.

“No successful coup in Nigeria’s history had occurred without civilian involvement,” Babangida declared, according to a transcript of the interview cited by THISDAY.

The former leader used the occasion to offer a rare, personal reflection on the 1985 coup plot against his administration, which led to the trial and execution of his close friend and cabinet colleague, Major-General Mamman Vatsa, then Minister of the Federal Capital Territory.

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Babangida recounted that he initially struggled to believe intelligence reports linking Vatsa to the conspiracy, given their decades-long friendship. The two had grown up together, attended Bida Middle School, and enlisted in the military in the same year.

He said he summoned both Vatsa and General Mohammed Gado Nasko to his office after a senior officer implicated them. “When they arrived, I asked them about the reports that they had been mentioned in a plot to topple my government. Both of them denied any involvement,” Babangida recalled.

A military commission of inquiry was subsequently established. While Nasko was cleared, the panel found evidence against Vatsa. Babangida described himself as “shocked, devastated and deeply disappointed” by the findings but insisted that military law left him no room for clemency.

“There was nothing I could do to exonerate him from the consequences prescribed by military law. My hands were tied. That was how I lost my brother, General Mamman Vatsa,” he said. Vatsa was executed by firing squad in March 1986.

Turning to contemporary issues, Babangida urged Nigerians to remain patient and supportive of President Bola Tinubu’s administration amid ongoing economic hardships and security crises.

He expressed confidence that the government’s current policies would eventually yield positive results, calling for national hope and resilience during the challenging transition.

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Residents of Lokon Kango in Mandawari Area, Kano, Seek Government Intervention Over Poor Drainage

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Residents of Lokon Kango in the Mandawari area of Kano metropolis have called on the government to intervene over the deplorable state of drainage channels in their community, which they say has led to the collapse of two houses.

Mallam Anas Tanga, one of the coordinators of community sanitation efforts in the area, said residents have been doing their best to clear the drains, but their efforts are not enough.

“We are doing our best, alongside other youths. For years, we have been involved in clearing these drains,” he said. “But the extent of the damage is such that even after we do the work, it doesn’t take long before the problem returns.”

On his part, a community elder, Mallam Abubakar, told our reporter how the poor drainage system contributed to the collapse of at least two houses.

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“These houses you see here collapsed as a result of the lack of proper drainage,” he said. “Anytime there is heavy rain, especially at night, we live in fear.”

He appealed to relevant stakeholders to come to their aid.

Malama Ladidi, one of the residents whose home is flooded during the rainy season, also lamented her situation.

“The rainy season is terrible for us and our children,” she said. “We go through a lot of hardship. We don’t even sleep until we have drained the water that enters our rooms. This is a big problem. The youths are trying their best, but the government must step in.”

Finally, one of the youths in the community spoke about the role they played during elections, only to be neglected afterwards.

“All our neighboring areas have had this work done, except us. We are really suffering,” he said. “We helped bring this government to power. We contributed, but now we are not benefiting from anything.”

The residents said they had earlier reported the problem to authorities, particularly the Gwale Local Government, but nothing had been done.

In an effort to get the government’s side of the story, we visited the office of the Gwale Local Government Chairman, Hon. Abubakar Mu’azu Mojo. However, he was not available.

We also tried to reach him by phone and text message, but as of the time of filing this report, we had not received any response from him.

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