Leading agro-allied firm, Flour Mills of Nigeria Plc, has announced plans to open its N50bn sugar estate, the Sunti Golden Sugar Estate.
The firm said in a statement that the Sunti Golden Sugar Estate would be inaugurated on March 15 by President Muhammadu Buhari.
Located on the banks of River Niger, in Mokwa, Niger State, the statement described the sugar estate as the biggest agricultural investment in Nigeria to date, owned by a subsidiary of Flour Mills of Nigeria Plc, Sunti Golden Sugar Estate Ltd.
According to the statement, the sugar estate features 17,000 hectares of irrigable farmland and a sugar mill that can process 4,500 metric tonnes of sugarcane per day.
The statement added that at full capacity, the estate would be expected to produce one million tonnes of sugarcane, translating into about 100,000 metric tonnes of sugar yearly.
Over N1bn was invested in the state-of-the-art irrigation system that would ensure the efficient cultivation of sugar cane with infrastructure including drain pumps, pump stations and a power grid, the statement said.
The FMN stated that the estate was the purest representation of the Federal Government’s Nigerian Sugar Master Plan, adding that it had an ambitious backward integration programme that intended to set Nigeria on the path to self-sufficient sugar production.
The statement said at peak production, the farm would provide direct employment for about 10,000 people yearly and impact on about 50,000 people indirectly, including 3,000 small-scale farmers who would be cultivating sugarcane to feed the mill.
The estate has brought infrastructure benefits to the surrounding community, with 28 communities in total taking advantage of a new 30km road, expansive road networks that provide a variety of access routes to the homes of the indigenes, drains, culverts, and flood-protection walls, according to the statement.
The statement added that the project hoped to reduce sugar importation, save billions in foreign exchange, boost local capacity, and reduce unemployment by putting thousands of Nigerians to work.
According to the statement, the FMN Group’s ‘Feeding the Nation Everyday’ is at the heart of the company’s strategic decisions on what they produce, how and where factories are set up, the level of care that is put into products, and how they interact with host communities and the wider environment.
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