• Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • About
  • Advertise
  • Privacy Policy
Wednesday, June 4, 2025
  • Login
No Result
View All Result
NEWSLETTER
Elanza News
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • About
  • Advertise
  • Privacy Policy
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • About
  • Advertise
  • Privacy Policy
No Result
View All Result
Elanza News
Home Business

Dangote Sugar Commits Billions To CSR Schemes In Adamawa, Nasarawa

Elanza by Elanza
September 19, 2022
in Business
0
0
SHARES
0
VIEWS
FacebookTwitterWhatsappEmailTelegram

The Dangote Sugar Refinery Plc (DSR) has scaled up its social intervention programmes around host communities in Adamawa and Nasarawa States where its Backward Integration projects are located.

The Group is investing hugely in raw sugar production as part of the Federal Government Sugar Master Plan.

RelatedPosts

10 Stockbroking Firms Trade N2.14trn Worth of Stock in Five Months

Currency in Circulation Hits N5.01trn as Cash Outside Banks Declines

APM Terminals Apapa, GIVO Launch Recycling Hub to Tackle Plastic Waste

This is coming on the back of $500m that has so far been injected into the project in Nasarawa.

National Sugar Development Council (NSDC) has developed a road map for the realization of self-sufficiency in the sugar sector within a short time. Thus, the Nigeria Sugar Master Plan (NSMP) gave birth to Sugar’s Backward Integration Policy (BIP).

Billions of naira have been expended in social intervention schemes around the communities hosting DSR Numan in Adamawa, and Tunga Sugar Project in Nasarawa.

The company said with 78,000 hectares of farmland in Nasarawa, and 32,000 hectares in Adamawa, it is creating thousands of employment opportunities for Nigerians.

Currently, over 600 workers are being engaged, while 90MW is to be generated in the Dangote Sugar Project in Tunga, Nasarawa State.

The Dangote Group is the second largest employer of labour after the federal government.

While speaking at a recent Annual General Meeting (AGM) of the company, the Chairman of Dangote Sugar Refinery, Aliko Dangote, noted that Nigeria could rake in foreign exchange of up to $700 million yearly from the BIP scheme.

ALSO READ:  Labour Union Backs Tinubu's Economic Reforms

He warned that the BIP scheme must be protected to insulate the Nigerian economy and create jobs.

“If the national sugar master plan is followed strictly and the players follow the rules, the country will be better for it as Nigeria will save between $600 million and $700 million annually as forex,” he said.

A statement from the Corporate Communication Department of the company said when the factory is fully operational; it would have the capacity to crush 12,000 tons of cane per day,

Some of the Corporate Social Responsibility projects executed include the provision of blocks of classrooms, scholarship, water scheme, rehabilitation and opening up of road network, and construction of health center, among others.

Minister for Industry, Trade, and Investment Otunba Niyi Adebayo who was on a working tour of the Dangote’s expansive Savannah Sugar Company (SSCL) Ltd in Numan, Adamawa State, and the Tunga sugar project site in Nasarawa State, had described the projects as “huge, impressive and amazing.”

The Minister said: “It’s a very impressive sight. It’s amazing that such a project exists in this place. What we’ve seen so far from all the plantations we’ve been to is very impressive. We are impressed with the level of work they are doing.”

In the same vein, in the DSR Numan, the company is not resting on its oars.

In 2020, the company constructed multimillion naira blocks of classrooms, administration blocks, and an examination hall.

DSR Numan has also intervened in the provision of electricity through the donation of 300KVA to the Gyawana Community, as well as the donation of a 27KVA Generator to the Lamurde Community.

ALSO READ:  Selloffs: Equity market closes with N99bn loss

The company has also instituted an out-grower scheme in DSR Numan, of which 294 people have so far benefited.

Its intervention in the area of road infrastructure has been very huge, some of which include: the rehabilitation of the Gyawana-Lamurde road, Gyawana-Zekun road, Gyawana Township road, the rehabilitation of Dubwangun road, and the rehabilitation of Opalo-Zekun roads, among others.

The company has also doled out financial support to youth, religion, and development-based groups in Adamawa State.

Elanza

Elanza

Related Posts

Market Highlights: ₦63.79 Billion in Trades on the NGX This Week

10 Stockbroking Firms Trade N2.14trn Worth of Stock in Five Months

by Nathaniel Irobi
June 2, 2025
0

A total of 10 stockbroking firms traded N2.14 trillion worth of stocks between January and May of 2025 as the...

2025 Hajj: CBN approves cash-based BTA for pilgrims

Currency in Circulation Hits N5.01trn as Cash Outside Banks Declines

by Nathaniel Irobi
June 2, 2025
0

Currency in circulation (CIC) in Nigeria climbed to N5.015 trillion in April 2025, up marginally from N5.003 trillion in March,...

APM Terminals Apapa, GIVO Launch Recycling Hub to Tackle Plastic Waste

APM Terminals Apapa, GIVO Launch Recycling Hub to Tackle Plastic Waste

by Nathaniel Irobi
June 2, 2025
0

In a strategic move to combat plastic pollution and foster environmental sustainability in Apapa, APM Terminals Apapa, Nigeria’s largest container...

Recommended

Bill Gates Unveils $200 Billion Commitment to Transform Africa’s Future

Bill Gates Unveils $200 Billion Commitment to Transform Africa’s Future

2 days ago
Displaced Taraba community members laments, as gov Kefas ignore mass burial of over 30 people.

Taraba IDPs renew appeal to gov. Kefas ahead of civic reception in hometown

6 days ago

Popular News

  • Arewa group hails Tinubu’s inclusive appointments

    NURTW President Hails Tinubu’s Reforms, Urges Greater Support For Transport Sector

    0 shares
    Share 0 Tweet 0
  • Group Warns Against Attempt To Pitch Senator Katung Against Tinubu, Gov Uba Sani

    0 shares
    Share 0 Tweet 0
  • Environment Minister’s Scholarship Beneficiary Tops 2025 UTME In Northern Nigeria With 345 Score

    0 shares
    Share 0 Tweet 0
  • NAHCON Officials Grumble in Saudi Arabia Over Unpaid Allowances

    0 shares
    Share 0 Tweet 0
  • Abuja Estate Firm Announces Customer Loyalty Rewards

    0 shares
    Share 0 Tweet 0

Connect with us

Facebook Instagram Twitter Youtube
Elanza logo

Elanza News is your NO 1 online platform for all news update.
#SayNoToFakeNews
Contact Us

Category

  • Arts & Literature (25)
  • Business (719)
  • Education (213)
  • Entertainment (307)
  • Health (187)
  • National (2,068)
  • News (7,760)
  • Opinion (283)
  • Politics (1,564)
  • Science (15)
  • Security (403)
  • Sports (414)

Newsletter

© 2023 Elanza News - The No 1 online news platform

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Politics
  • Business
  • Science
  • National
  • Entertainment
  • Sports
  • Health

© 2023 Elanza News - The No 1 online news platform