The Dangote Sugar Refinery (DSR) Plc has announced the closure of its company in Niger state over a land acquisition dispute. The company announced the development in its 2020 consolidated and separate financial statements.

It said the land was purchased for its backward integration project (BIP) which is ongoing in some other states including Adamawa, Nasarawa, and Taraba.

DSR said the BIP includes a 10-year sugar development plan to produce 1.5 million metric tonnes per annum of sugar from locally grown sugarcane.

It said the dispute in Niger led to a stretched situation that had started accumulating negative returns.

“The Company began its Backward Integration Project (BIP) with a 10-year sugar development plan, to produce 1.5 million MT per annum of sugar from locally grown sugarcane. The Project commenced with the acquisition of large expanse of land in strategic locations such as Niger State, Taraba State, Adamawa State, and Nasarawa State,” the report read.

“To this end, four (4) BIP sugar companies; Dangote Taraba Sugar Limited, Dangote Adamawa Sugar Limited, Nasarawa Sugar Company Limited, and Dangote Niger Sugar Limited were incorporated. Prior to the merger of DSR and SSCL, the Company had commenced rehabilitation and expansion of SSCL Sugar Factory at Numan towards increasing production capacity by 6,000 tons of cane per day (TCD).

“Sugarcane planting has also commenced in two other BIP locations. Regrettably, due to community dispute over the land acquired in Niger State, projected activities have not commenced in Niger State. This had been a stretched situation that had started accumulating negative returns.

“In view of this, the Board of Directors took a decisive decision to wind-up the BIP Company in Niger State. In December 2020, the winding-up proceedings for Dangote Niger Sugar Limited were completed.”

Bampeh:
v

slawormiir:
Damnnn niggarrrr
This monopolistic moda fuckkker
Shut his gadamnnn business

Letter To All Yahoo Guys
---------------------------------------
My dear yahoo guys am Dmango writing on
behalf of all the non_yahoo guys in 9ja.
We're sick & tired of this things you're
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urgently". when it is that any time they
ask you, you too will urgently send them
the 2k urgently.
To date fine girl is now a problem sef,
even ugly ones are using us to do shakara
because we cannot buy them iPhone wey
no get button for front for them. Ya
dating fine gals and still collecting the
ones we're managing, do you want us to
turn to gay? One fine girlfriend plus one
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we're hustling to get money, we dinnoh
kee person.
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lucky and go early in the morning to buy
it, you'll get it for #1,400 is now been
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Not to talk of the way you're spending
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managing our maltina and yoghurt, abi is
it the way you're oppressing us with your
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key in your hand na, some will even be
bathing with car keys in their hand.
#ko_neccessary_na
Pity us na, if not for anything but for the
way we all trooped out to help deliver you
guys from Sars.
We're not asking you not to dupe them,
kwantinu, the Lord is ur strength buh
stop intimidating us.
Stop all this oppression before we start
going to shrine to swear for you people.
We hope to hear favourably from you soon
.
Yours faithfully

Agbegbaorogboye:
Sorry Damgote. Nupe people simply wanted to lease the land not sell which you disagreed.
Now you have to go lick your wounds quietly