Mokwa — President Muhammadu Buhari yesterday commissioned the Sunti Golden Sugar Estates in Mokwa Local Government Area of Niger State with a promise to revive the moribund Bacita Sugar Company in Kwara State.
The Sugar Estates, a subsidiary of the Nigeria Flour Mill Limited, was built at the cost of N50 billion with a capacity to produce 100, 000 metric tonnes of sugar annually.
President Buhari noted that the, company which has capacity of providing 10,000 direct jobs, including 3,000 small scale out growers of sugarcane, couldn’t have come at a better time as Nigeria makes her journey out of recession and the economy continues to show appreciable progress.
“The level of work and the magnitude of investment we are witnessing today is clear demonstrations that our on economic diversification are on the right path”, the president said. He said the effort would undoubtedly reposition Nigeria as a leading player in global food market.
He said the location of the Sunti Sugar Estates on the banks of River Niger was notable and commendable, adding that it was on record that the River Niger Basin has played an essential role in the lives of the people, who have so depend on it for sustenance.
He urged the Sunti Sugar Estates to take advantage of the Road Trust Fund (RTF) developed by the Federal Government towards constructing the Sunti-Mokwa access road, as part of the corporate social responsibility for the host communities.
Niger State Governor Alhaji Abubakar Sani Bello said the Sunti Sugar is one of the successes of the diversification initiative of the federal government and a perfect model for investment opportunities in the state.
Chairman of the Flour Mills Limited, John Coumantaros, said that the specification of the sugar that would be produced from the mill would meet the requirements of raw sugar quality acceptable by industrial users in need of high quality sugar.