NewsFlood Disrupts Sugar Master Plan, Destroys N60 Billion Investment Project

Flood Disrupts Sugar Master Plan, Destroys N60 Billion Investment Project

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SAN FRANCISCO, September 23, (THEWILL) – The Nigeria Sugar Master Plan has suffered a major setback as flood wrecked havoc on the sugar project estate in Niger State.

In a statement released by the Deputy Director of Public Affairs, National Sugar Development Council, (NSDC), Ahmed Waziri said that flood, occasioned by the sudden release of water from the Kainji Hydro Power Dam in Niger State, wrecked massive havoc on the N60 billion sugar investment project.

He added that the project belongs to one the three major companies currently implementing the backward integration program component of the Nigeria Sugar Master Plan.

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Waziri said that the flood, which swept through the sugar estate, destroyed flood protection dykes, factory equipment, submerged cane fields, pulled down office and residential buildings and halted activities at the estate commissioned by President Muhammadu Buhari in 2018.

On his part, the Executive Secretary, National Sugar Development Council, Latif Busari described the development as worrisome. “This is a huge setback for the sugar sector and Nigeria’s hope of realising the one million tonnes of sugar production projection, recently agreed upon with major sugar producers”, he added.

Busari said the massive flood which affected the farm, was not a natural flood, adding that the operators of the Jebba and Kainji dams apparently opened up their spill gates to enable the water go down the river in a bid not to submerge the dams that are being used to generate power in the country.

The Executive Secretary said, beyond sympathizing with the management of the sugar estate, over their loss in Sunti, the Council is already in touch with relevant authorities and working out modalities to cushion the effect of the huge loss recorded by the company.

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