News
Dangote hypes on local production to save economy *Targets 7,000 tonnes Sugar production
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 on Monday 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, adding that the 10-year sugar development plan to produce 1.5 million MT of sugar per annum from locally grown sugarcane remained 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.
“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.
Anybody with credible information on the wrong use of its trucks will be richer by a whopping N500,000, going by signals coming from Dangote Industries Limited (DIL) – an initiative to encourage whistleblower to report sharp practices within its operations.
The company, which said the move is part of efforts to curb unauthorised haulage activities and protect the integrity of its nationwide logistics operations, encouraged the public to report any suspected cases of its trucks being used to transport unauthorised goods or passengers.
The conglomerate in a statement on Sunday, reiterating it consistent warning that only approved products were permitted to be conveyed by trucks belonging to its subsidiaries, maintained that Dangote Cement trucks are authorised to transport only cement, limestone, high-grade gypsum, coal and clinker, Dangote Sugar Refinery trucks, to sugar products while those of NASCON Allied Industries were designated for Dangote Salt and DanQ Seasoning products.
Part of the statement, read: “Dangote Packaging vehicles are to carry bags and packaging materials, Dangote Petroleum Refinery and Petrochemicals trucks are approved for polypropylene products, while Dangote Fertiliser Limited vehicles are authorised to transport urea fertilizer.
“Anyone with verifiable information that leads to the arrest of persons involved in illegal haulage activities or the recovery of unauthorized goods transported on Dangote trucks will receive a cash reward of Five Hundred Thousand Naira.”
In the programme, whistleblowers would be required to to provide details such as the truck type, registration plate number, cab number, location, description of the goods being transported, colour of the vehicle, and photographs where possible, to aid investigations through dedicated hotlines across its operations to receive reports of illegal haulage activities.
Stating that law enforcement agencies, including the police, have been authorised to arrest drivers found using Dangote trucks for unauthorised commercial haulage, the company reiterated its zero-tolerance stance against logistics-related fraud, saying the whistleblower programme is aimed at strengthening transparency, accountability and compliance across its logistics network.
It added: “Public cooperation remains critical in our efforts to eradicate illegal haulage activities. We encourage anyone with credible information to come forward and help us maintain the integrity of our transportation system.”
Except any miracle happens, it is becoming obvious that no member of the Kabiru Tanimu Turaki-led Peoples Democratic Party (PDP), will contest the 2027 general elections at any level, as the door has obviously been slammed on the face of the camp by the Independent National Electoral Commission (INEC).
This fact became evident with the opposite camp led by Nyesom Wike, Minister of the Federal Capital Territory (FCT), fully uploading the names of its own candidates in the commission’s nomination portal.
After ostensibly losing out in the bid to remain the National Chairman of the party, on the strength of the PDP convention held in Ibadan in November 2025, Turaki, had a lee-way when he was announced by the party’s Boad of Trustees (BoT), as the Chairman of a 13-man Caretaker Committee, inaugurated by Adolphus Wabara on May 4 this year.
INEC appears not swayed over the Wabara initiative, and has continued to deal with the Wike group, despite the argument that the verdict of the Supreme Court also decapitated the wings upon which it sought to fly by upholding the suspension of Sam Anyanwu, as National Secretary, and thus rendered the meeting he called that led to the opposite leadership, INEC, appears swayed.
Abdulrahman Mohammed, National Chairman, of the Wike camp, who announced the latest development in a statement on Sunday, said: “This is a clear demonstration of our commitment to the promise we made that, under my leadership, the PDP will fully participate in the 2027 General Elections. Today, we have taken another decisive step towards fulfilling that promise.
“As we await the conclusion of the upload of our Governorship and State Houses of Assembly candidates, I, on behalf of the National Working Committee of our Party, extend my heartfelt congratulations to all PDP members across Nigeria and around the world. Together, we will continue to build a stronger, more united Party and a better future for our nation.”
On May 26, the Wike-backed PDP named Sandy Onor, a former senator, as its presidential candidate.
On May 30, the opposition party faction led by Kabiru Turaki announced former President Goodluck Jonathan as its standard-bearer for the 2027 elections.
On July 10, Wike said it would be difficult for the PDP to win a presidential election unless it first resolved its lingering internal crises.
The minister added that political parties hoping to win the presidency must surmount their internal challenges and strengthen their grassroots structures.
“We are not passers-by in our nations. We are bona fide citizens of the nation. We have a right to participate in who governs us,” were the exact words with which David Oyedepo, Presiding bishop of the Living Faith Church Worldwide, sought to rouse the consciousness of Nigerians to directly get involved in the affairs of the country.
Oyedepo, a known critic of President Bola Tinubu, directly asked members of the church to obtain their voter cards to do the needful, through active participation in the electoral process as responsible citizens.
On Sunday during the church’s service at the Faith Tabernacle in Ota, Ogun state, Oyedepo said Christians have a civic responsibility to participate in deciding who governs their countries, the fiery cleric admonished his flock: “We have a civic responsibility as responsible citizens of our various nations. This church is today in 144 nations.
“So, endeavour to secure your voter cards. You are men and women of the spirit. You should know on your own personal conviction where to cast your vote.
“You, as bona fide citizens of your respective countries should not remain indifferent to the electoral process. So, please go ahead. It’s part of our policy; you will find it in our mandate. So, go ahead and ensure that you secure your voter’s right. And this church, with the millions that we have, we have a say in it. So, be part of it.”
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