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Senate, NSDC laud BUA Group on BIP commitment

The Senate Committee on Industries and the National Sugar Development Council (NSDC) has lauded the operations of BUA Group in its subsidiary, the Lafiagi Sugar Company in Kwara State.
Speaking at a visit to BUA Sugar Refinery in Lagos as part of its oversight function, the Chairman, Senate Committee on Industries, Sam Egwu noted that it is difficult for some companies to transform into reality the decision of the Federal Government to end importation of sugar through the Backward Integration Plan (BIP).

Senator Egwu who said there is a serious negative effect if the country continue to import sugar expressed satisfaction on behalf of the Committee with the progress made in the BUA sugar plantation in Lafiagi.

He also asserted that Senate Committee will schedule another inspection visit to the plantation in Kwara State.

According to Senator Egwu, “It is expected that by the end of our BIP master plan we should be self-sufficient in sugar production to stop the importation of sugar.

“I want to appreciate your action plan, we are pleased with your presentation, and we only hope it will be on ground soon”. Egwu stated.

Earlier in his presentation, the Managing Director, BUA Sugar Refinery, Ibrahim Yaro described Lafiagi Sugar Company (LASUCO) in Kwara State as a very important project aimed at producing sugar locally in line with BIP.

He said the project has created over 1500 direct and indirect jobs since 2014 when the first phase of planting commenced and when fully operational will create another chunk of jobs that will reduce the rate of unemployment in the country.

The MD said land clearing in LASUCO will continue as soon as the dry season sets in with a target of 5000ha going into 2018.

Yaro after giving the Senate Committee a rundown of the successes in the Lafiagi plantation assured that BUA Group is committed to the BIP plan implementation and then solicited the support of the Federal Government in speeding the pace of work at the Sugar Plantation.

“We are fully committed to our BIP Plan implementation. We solicit the support of Government and other regulatory agencies in resolving issues affecting the sugar projects”.

On his part, the Executive Secretary, National Sugar Development Council (NSDC), Dr. Latif Busari noted that the oversight function of the National Assembly members was aimed at ensuring that there is value for money spent.

Busari said Nigerians are waiting for the sugar company to kickoff and urged BUA group to ensure that best practices are employed in its operations.

He further expressed his satisfaction with the presentation and enjoined BUA Group to ensure it sees work earnestly to ensure that that their plan is realized. He thanks BUA Group and members of the Senate Committee.

While thanking BUA Group and members of the Senate Committee, Dr. Busari said, "It is the oversight function of the National Assembly as they want to keep government on their toes to ensure that service is delivered for money.

“It gladdens my heart that they are coming now. It is now clear that work is still been done, it is a little but it is not too late. If we follow the strategy of BUA Group, we will get to the promise land”.

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