Dangote Sugar Refinery has announced that it has invested more than $700 million across various projects including land acquisition, machinery, infrastructure, manpower development, and community initiatives as part of its drive to make Nigeria self-sufficient in sugar production and end raw sugar importation.
Speaking during the unveiling of its new Stock Keeping Units (SKUs) at the ongoing Lagos International Trade Fair, Group Chief Executive Officer of Dangote Sugar Refinery, Ravindra Singhvi, said the company is deepening its commitment to sugar backward integration.
He explained that the newly introduced SKUs, which form part of the conglomerate’s food portfolio, will be available in 100g, 250g, 500g, and 1kg packs, designed to meet diverse consumer needs.
Dangote Group’s Executive Director, Commercial Operations, Fatima Aliko-Dangote, reaffirmed the conglomerate’s commitment to Nigeria’s industrialisation, describing it as the key to adding value to local materials, diversifying the economy, stimulating ancillary industries, and creating employment opportunities for the youth.
Represented by Funmi Sanni, Group Head of Sales and Marketing at Dangote Cement Plc, she highlighted ongoing expansion projects across the group’s businesses. Among them is the planned increase in the Dangote Petroleum Refinery’s capacity from 650,000 barrels per day to 1.4 million barrels per day by 2028.
She also revealed that Dangote Fertiliser Limited and Dangote Polypropylene are being scaled up to enhance their contribution to Nigeria’s economy. Furthermore, she noted that a $2.5 billion, three-million-tonne urea fertiliser complex under development in Gode, Ethiopia, a joint venture between Dangote Group and Ethiopian Investment Holdings (EIH), will create thousands of direct and indirect jobs while supporting agricultural productivity.
Commenting on this year’s trade fair theme, “Connecting Businesses, Creating Value,” Fatima described it as timely, noting that it aligns with the Lagos Chamber of Commerce and Industry’s (LCCI) goal of fostering collaboration among manufacturers, suppliers, distributors, and consumers.
LCCI President and Council Chairman, Gabriel Idahosa, praised the Dangote Group as a symbol of industrial resilience and innovation. He commended the company for maintaining stability during economic headwinds, preserving jobs, and continuously investing in infrastructure and local supply chains.
“Dangote Group has not only safeguarded livelihoods but has also strengthened confidence in Nigeria’s economy,” Idahosa said. “As we navigate a fast-changing global landscape, visionary industrial leadership supported by public-private collaboration, human capital development, and inclusive policies remains central to driving sustainable national growth.”
