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BUA Foods Plc (“the company”) has received commendations from the National Sugar Development Council (“NSDC”) over the level of progress made at its wholly owned subsidiary, LASUCO Sugar Company Limited (“LASUCO”) which sits on 20,000 hectares of arable land in Lafiagi, Kwara State.

Over the years, BUA foods has invested heavily in the backward integration program of the Federal Government under the supervision of the NSDC. When fully completed, the over $300million integrated sugar factory will comprise of a sugar mill with a capacity of 10,000tons of cane per day, a sugar refinery with an annual capacity of 220,000metric tonnes, a 35megawatts power generating plant to fuel the factory with potential to supply the national grid, and a 20million litres per annum ethanol production plant. The plantation also has a 3km airstrip of international standard, built to support its operations.

Please see attached for Press Release and picture with caption below.

L – R: Labaran Saidu, Senior General Manager, Lafiagi Sugar Company (LASUCO); Ayodele Abioye, Ag. Managing Director, BUA Foods Plc; Adedeji Zacch, Executive Secretary, National Sugar Development Council and Abdulrasheed Olayiwola, Chief Finance Officer, BUA Foods Plc during the council’s visit to the Industrial Complex of LASUCO in Lafiagi, Kwara State.

His Royal Majesty, Alhaji Mohammed Kudu Kawa, the Emir of Lafiagi flanked by the Executives of the National Sugar Development Council (NSDC), Executives of LASUCO and BUA Foods Plc at the Emir’s palace in Lafiagi, Kwara State.

L – R: Labaran Saidu, Senior General Manager, Lafiagi Sugar Company (LASUCO); Habib Abdullahi, National Sugar Development Council (NSDC); Abdulrasheed Olayiwola, Chief Finance Officer, BUA Foods Plc; Adedeji Zacch, Executive Secretary, NSDC; Ayodele Abioye, Ag. Managing Director, BUA Foods Plc; and Adewunmi Desalu, Communications Director, BUA Foods Plc during the council’s visit to the Sugarcane plantation at LASUCO in Lafiagi, Kwara State.