Categories: Company News

Dangote Sugar Refinery: Numan Project Becomes Adamawa’s Economic Powerhouse, Employing 7,000+ Annually

Dangote Sugar Refinery’s Backward Integration Project in Numan, Adamawa State, has become a thriving employment hub as it supports no fewer than 7,000 workers annually.

During a recent media tour of the facility, Bello Dan-Musa, the company’s Group General Manager of Operations, highlighted their substantial workforce, adding that during peak production seasons, an additional 7,000 youths are employed.

A company statement proudly declared Dangote Group as Nigeria’s second-largest employer, following the government itself.

Dan-Musa revealed that Dangote Sugar Refinery paid over N500 million to out-growers as part of the DSR Numan out-growers scheme, emphasizing their dedication to community development.

The refinery’s current capacity, already impressive at 4,800 tons of Cane Per Day, is set to grow significantly.

Plans are in place to upgrade it to 6,000 TCD by the end of 2023, 9,800 TCD by 2024, and an ambitious 15,000 TCD in the near future.

This expansion is instrumental in realizing the Federal Government’s Backward Integration program and positions Dangote Sugar Refinery Numan as the largest producer of household and commercial sugar.

Aliko Dangote, the President of the Dangote Group, anticipates that upon completion of their Backward Integration Projects, the sugar company will directly and indirectly create about 300,000 jobs, with far-reaching positive effects on the national economy.

Chinnaya Judex, the Chief Executive Officer and Managing Director, underscored the significant progress in their expansion drive during the media tour.

Dangote Sugar Refinery’s commitment to employment and economic growth is indisputable, making it a shining beacon of success in Adamawa State.

Samed Olukoya

Is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst and a published author on Yahoo Finance, Business Insider, Nasdaq, Entrepreneur.com, Investorplace, and other prominent platforms. With over two decades of experience in global financial markets, Olukoya is well-recognized in the industry.

Share
Published by
Samed Olukoya

Recent Posts

Naira Falls to N1,676.90/$1 at Official Market, Slides to N1,708.87/$1 at Alternative Window

The Naira depreciated at the Nigerian Autonomous Foreign Exchange Market (NAFEM) by 0.61 percent and…

1 hour ago

President Tinubu Orders Release of Minors Prosecuted for #BadGovernance Protests

Following a recent viral video on the X app regarding the prosecution of minors who…

4 hours ago

Nigerian Army Seizes 700,000 Liters of Stolen Petroleum in Sweeping Raid Across Four States

In a series of raids across Rivers, Bayelsa, Akwa Ibom, and Delta states, troops from…

4 hours ago

Persistent Service Disruptions In Banks Paralyze Activities At Ports, Many Cargoes Trapped 

Activities at the Apapa and Tin-Can Ports in Lagos State have been paralyzed as cargoes…

5 hours ago

MTN Nigeria Strengthens Working Capital By Raising N50bn In New Commercial Paper

MTN Nigeria Communications PLC (MTN Nigeria) has disclosed plans to raise N50 billion through its…

5 hours ago

OPEC+ Supply, Trump-Harris Election Face Off Lend Support to Oil Prices

The decision of the Organisation of the Petroleum Exporting Countries and its allies, OPEC+ to…

5 hours ago