BUA Foods, the agribusiness giant majority-owned by Nigerian billionaire Abdul Samad Rabiu, is significantly expanding its operations with new investments in sugar plantations and milling factories. This strategic push is part of the company’s commitment to boost local production and reduce Nigeria’s reliance on food imports.
The company is accelerating its Backward Integration Project in line with the federal government’s Sugar Master Plan 2.0, a national initiative aimed at achieving self-sufficiency in sugar production.
At the company’s Annual General Meeting in Abuja, Rabiu confirmed plans to build four new state-of-the-art wheat mills. This expansion will increase BUA Foods’ annual wheat milling capacity from 1.5 million to 2.5 million metric tons and is expected to create a substantial number of jobs.
In addition to its milling projects, BUA Foods is also expanding its sugarcane plantations and continuing to support its paddy rice program, which was launched in 2023. These efforts are central to the company’s broader strategy to strengthen food security, empower local farmers, and ensure food products remain affordable for consumers.
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