Dangote Group Disburses N850m Compensation for Sugar Refinery Project

Dangote Sugar Refinery Plc has concluded plans to intensify its refined sugar from locally grown sugarcaneDangote Sugar Refinery Plc has concluded plans to intensify its refined sugar from locally grown sugarcane
  • Dangote Group Disburses N850m Compensation for Sugar Refinery Project

Dangote Group has commenced the disbursement of more than N850m as compensation to land owners affected by its sugar refinery project in Tunga, Awe Local Government Area of Nasarawa State.

The N60,000 hectares was acquired by the group for the construction of the refinery.

Deputy Governor of the state, Silas Agara, who disbursed the funds to the beneficiaries on Thursday in Lafia, cautioned against impersonation and any act that would disrupt the project.

He said that government would sanction anyone sabotaging the effort, and assured that all those whose land was taken would be duly compensated.

Agara said the sugar refinery project was a rare privilege that would turn around the economic fortune of the community and state at large.

He lauded the community for their peaceful disposition since the acquisition of their farmlands and called for more cooperation for the success of the project.

The traditional ruler of the area, Mohammed Ibrahim Shuaibu, commended the Dangote Group for the compensation, explaining that names of the beneficiaries were compiled by a committee that included members of the community.

Ibrahim-Shuaibu assured the company of the community’s full support and cooperation, for the take off and smooth operation of the sugar refinery.

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Samed Olukoya
Samed Olukoya is the CEO/Founder of investorsking.com, a digital business media, with over 10 years' experience as a foreign exchange research analyst and trader. A graduate of University of East London, U.K. and a vivid financial markets analyst.

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