BUA Foods Plc has received commendations from the National Sugar Development Council (NSDC) over the level of progress made at its wholly owned subsidiary, LASUCO Sugar Company Limited (LASUCO) which sits on 20,000 hectares of arable land in Lafiagi, Kwara State.
Addressing the NSDC team in Lafiagi, the acting Managing Director, BUA Foods, Engr. Ayodele Abioye said the visit was timely as it restates the company’s drive to ensure the advancement of the food sector and the Nigerian economy.
Adedeji, who thanked BUA Foods for its commitment towards the Backward Integration Programme of the government, expressed satisfaction with the level of progress made at the sugar factory.
He said, “At the sugar council, our aim is to locally produce 70 per cent of Nigeria’s sugar consumption, which is currently at 1.7 metric tons per annum. LASUCO is expected to play a pivotal role in achievement of this goal as it’s expected to contribute up to 25 per cent of the targeted local consumption based on its capacity.
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Addressing the NSDC team, Mr Ayodele Abioye, described the visit as timely, saying, “We thank the National Sugar Development Council. We are glad you like the level of work that has gone into this plantation and remain committed to fully attaining the backward integration programme.
“We believe at take-off; this enormous project will make a huge impact to our business and the aspirations of the council.”
