According to a report by Channels Television, Dangote disclosed this on Friday during a courtesy call to the state governor Tanko Al-Makura in Lafia, the state capital.
Dangote said that the sugar plantation which will be located in Tunga in Awe Local Government area will be the largest sugar plantation in West Africa and would create 30,000 direct and indirect jobs. Dangote also said the plantation would create enabling environment for other industries to spring up in the state. “This will create multiplicity of jobs and increase the Internally Generated Revenue (IGR) of the state,” Dangote said.
The sugar plantation will occupy 60,000 hectares and will be completed in less than 30 months. When completed, it will produce 480,000 tonnes of sugar, which is about 27% of Nigeria’s’ consumption. Dangote estimates the project will cost about $700 million.
According to the FORBES list of world billionaires published today, Aliko Dangote is still Africa’s richest man with a fortune estimated at $12.2 billion.