Dangote Group has announced a $700 million investment plan designed to eliminate Nigeria’s reliance on imported sugar by significantly increasing local production.
Dangote Sugar Refinery, a key subsidiary of the conglomerate, will channel this investment into land development, modern equipment, infrastructure upgrades, workforce training, and community engagement. The goal is to establish a robust supply chain capable of producing enough raw sugar domestically to satisfy local demand and fuel future growth in manufacturing.
At the 2025 Lagos International Trade Fair, Dangote Sugar Refinery CEO Ravindra Singhvi explained that the expansion aligns with the company’s intensified backwards integration strategy. The sugar will be available in various pack sizes — 100g, 250g, 500g, and 1kg — making it accessible to both households and small businesses.
Fatima Aliko-Dangote, Group Executive Director of Commercial Operations, emphasised that the broader mission is to strengthen Nigeria’s industrial base and retain more value within the country.
She noted that industrial growth is a key driver for job creation and supports smaller enterprises dependent on local manufacturing.
Funmi Sanni, Sales and Marketing Director of Dangote Cement, represented the company at the event and highlighted the sugar initiative’s connection to the group’s other projects in refining, fertilizers, and petrochemicals.
Dangote Sugar Refinery remains Nigeria’s largest sugar producer with an annual capacity of 1.44 million metric tonnes.
In the first nine months of its 2025 fiscal year, the company reported a revenue increase to N626.24 billion, up from N484.42 billion the previous year, while losses dramatically decreased from N184.4 billion to N10.59 billion.
