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Nigeria’s BUA Group unveils foods manufacturing complex
Ahead of its scheduled hot commissioning in October, BUA Group has unveiled its foods manufacturing complex in Port Harcourt, Nigeria. To talk project capacity, output and impact on Nigeria’s food self-sufficiency journey, CNBC Africa’s Christy Cole caught up with the General Manager of BUA Ports and Terminals, Mohammed Lile for more.
Fri, 04 Oct 2019 14:35:26 GMT
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AI Generated Summary
- BUA Group's $400 million project consists of a sugar refinery, flour mill, and power plants, set to ramp up local production of sugar, wheat, and flour.
- The company's backward integration initiatives in sugar plantations and wheat cultivation signal a shift towards reducing import reliance.
- Challenges such as port inefficiencies pose operational obstacles, emphasizing the need for prompt resolutions to ensure timely project commissioning.
Nigeria’s leading industrial conglomerate, BUA Group, has unveiled its state-of-the-art foods manufacturing complex in Port Harcourt, Nigeria, set to be fully operational in October. The $400 million project, comprising three factories - a sugar refinery with an annual capacity of 720,000 metric tons, a flour mill with a capacity of 500,000 tons, and power plants generating a combined 24-megawatt capacity, aims to significantly impact Nigeria's food self-sufficiency journey. In an exclusive interview with CNBC Africa's Christy Cole, Mohammed Lile, the General Manager of BUA Ports and Terminals, shed light on the project's strategic capacity, output, and its crucial role in driving Nigeria towards self-sufficiency in sugar, wheat, and flour production. BUA Group's ambitious backward integration strategies, focusing on sugar plantations in Kwara State and Basa, and an outgrower scheme for wheat cultivation in Kano, are set to reduce reliance on imports and elevate local production efforts. The complex's impressive numbers, including 24-megawatt power capacity, 720,000 metric tons capacity for sugar, and 500,000 tons capacity for flour, signal a monumental shift in the country's food processing industry. However, challenges such as port inefficiencies and delays threaten the project's seamless operation, highlighting the need for prompt resolutions to ensure a timely commissioning. The plant is poised to create numerous job opportunities across various sectors, foster technology transfer, and champion local talent development, emphasizing BUA Group's commitment to driving socio-economic growth in Nigeria. The product lineup from the plant includes refined sugar, Boirares pasta, semolina, and flour, promising quality and locally-sourced ingredients for Nigerian consumers.
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