Dangote, Niger sign $450 million MOU on sugar production

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Aliko Dangote

In another bold move for self-sufficiency in sugar production through the government’s backward integration policy, the Pan African Conglomerate, Dangote Group on Wednesday 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.

On completion, according to the President of the Group, Aliko Dangote, the project would 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 at 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…

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