Dangote Sugar Steps Up $700m Drive to Cut Nigeria’s Sugar Imports

Dangote Sugar Refinery is advancing its national strategy to reduce Nigeria’s reliance on raw sugar imports, with more than seven hundred million dollars already invested in land development, factory expansion, machinery acquisition, skills training and community programmes. At the Lagos International Trade Fair, Executive Director Ravindra Singhvi highlighted the company’s renewed commitment to the backward integration policy and introduced new retail product sizes that support its broader market strategy. He noted that stronger domestic production is vital for job creation and economic diversification, especially as foreign exchange pressures continue to challenge manufacturers.

Nigeria currently consumes about 1.7 million tonnes of sugar each year but produces only a small share of this requirement, leading to significant import spending. In response, Dangote Sugar plans to scale local output to seven hundred thousand tonnes within five years while increasing refining capacity toward a long-term goal of as much as 1.5 million tonnes annually.

With rising production capacity, improving financial performance and an expanded retail footprint, the company is positioning itself as a key driver of Nigeria’s push to cut import costs and build a competitive, self-sustaining sugar industry. The growth plan is expected to strengthen value chains, reduce foreign-exchange demand and generate up to seventy-five thousand jobs across its estates and operations.

Leave a Reply

Your email address will not be published. Required fields are marked *