Sunti Golden Sugar boosts Industry capacity by 100,000 metric tons

Business News

By Franklin Ocheneyi

 “The sugar estate features 17, 000 hectares of irrigable farmland and a Sugar mill that process 4,500 metric tons of sugarcane per day. At full capacity, the estate is expected to produce 1 Million tons of Sugarcane which roughly translates into 100,000 metric tons of sugar yearly.”

John Coumantarous, the chairman, Flour Mills of Nigeria Plc, (FMN Group), said when the project was commissioned recently by President Muhammadu Buhari.

Located on the banks of River Niger, in Mokwa, Niger state, the Sunti Golden Sugar Estate is owned by Sunti Golden Sugar Estates (SGSE) Ltd. a subsidiary of Flour Mills of Nigeria Plc.

Mr. Coumantarous said that the management of the company had installed the latest technology in the cane milling and processing with an expandable capacity of 4,500 tons per day.

He explained that out of the 17, 000 hectares of plantations, 3000 had been cultivated and ready for harvesting.

“The project illustrates the desire to reduce sugar importation, save billions in foreign exchange, boost local capacity, and reduce unemployment by putting thousands of Nigerians to work,” he said.

President Buhari said: “I want to commend the company for expanding the business and creating more jobs for our youths.  The project built at N50 billion makes it one of the major agro-allied investments in Nigeria.’’

According to him, the sugar refinery was a clear demonstration that policies of the present administration on economy diversification were on the right track.

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