Business
Dangote To Invest N53bn In Rice, Sugar
The Dangote Group of
Companies is set to invest over N53 billion in the production of rice and sugar in Nasarawa State.
The President of the company, Alhaji Aliko Dangote, disclosed this recently in Lafia during an assessment tour of the investment potential in the state.
Dangote, who was represented by Mr. Abdullahi Sule, the company’s Group Managing Director in charge of sugar production, said the company had set the machinery in motion to invest in Obi, Awe and Doma Local Government Areas of the state.
He said that the company would establish a rice mill and give rice and sugarcane outgrowers about 10,000 hectares and seed cane to enhance production.
He added that the company had similar projects in Adamawa and Taraba states which had generated over 25,000 jobs, saying he expected same to happen in Nasarawa.
He noted that the company would also explore the huge coal deposit in the state to power their factories.
Dangote explained that in view of the high cost of gas to power the factories, the company decided to look inward by exploring coal as cheaper energy source.
“The three Dangote cement plants in the country have the capacity to produce over 25 million tones of cement, so you can imagine the amount of coal the plants will require,” he said.
He added that the company would set up a team to work out the details of the coal exploration in Nasarawa in commercial quatity.
Governor Tanko Al-Makura, who took the team on an assessment tour of the investment opportunities, expressed delight over the decision of the company to invest in the state.
Al-Makura said the investment would go a long way to generate employment and create wealth for the people of the state.
He said there were more than 70 different solid mineral deposits across the state waiting to be explored and called on investors to take advantage.
Al-Makura said Nasarawa had over 30 million tonnes of high quality coal in commercial quantity and lauded the decision of the Dangote group to tap into it.
He assured the company and other investors of conducive business environment.
Business
Kenyan Runners Dominate Berlin Marathons
Kenya made it a clean sweep at the Berlin Marathon with Sabastian Sawe winning the men’s race and Rosemary Wanjiru triumphing in the women’s.
Sawe finished in two hours, two minutes and 16 seconds to make it three wins in his first three marathons.
The 30-year-old, who was victorious at this year’s London Marathon, set a sizzling pace as he left the field behind and ran much of the race surrounded only by his pacesetters.
Japan’s Akasaki Akira came second after a powerful latter half of the race, finishing almost four minutes behind Sawe, while Ethiopia’s Chimdessa Debele followed in third.
“I did my best and I am happy for this performance,” said Sawe.
“I am so happy for this year. I felt well but you cannot change the weather. Next year will be better.”
Sawe had Kelvin Kiptum’s 2023 world record of 2:00:35 in his sights when he reached halfway in 1:00:12, but faded towards the end.
In the women’s race, Wanjiru sped away from the lead pack after 25 kilometers before finishing in 2:21:05.
Ethiopia’s Dera Dida followed three seconds behind Wanjiru, with Azmera Gebru, also of Ethiopia, coming third in 2:21:29.
Wanjiru’s time was 12 minutes slower than compatriot Ruth Chepng’etich’s world record of 2:09:56, which she set in Chicago in 2024.
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