Dangote Sugar initiates plan to resolve high cost of sugar in Nigeria

  • Dangote Sugar targets increased production from locally grown sugarcane amid high cost of sugar in the country
  • The company, which recently achieved a N1 trillion market cap, is targeting a 1.5MT annual yield from indigenous sugarcane
  • The ambitious plan is part of the company’s effort to reduce the recent rising cost of sugar in the country

Legit.ng journalist Victor Enengedi has over a decade’s experience covering energy, MSMEs, technology and the stock market.

Dangote Sugar Plc has stated that it plans to achieve an annual production milestone of 1.5 million metric tons of sugar sourced from locally cultivated sugarcane.