The Dangote Group has announced a fresh $700 million investment aimed at ending Nigeria’s reliance on imported sugar and expanding domestic production capacity.
The funds, to be deployed by Dangote Sugar Refinery, will cover land development, new equipment, infrastructure upgrades, workforce training and community engagement. The objective is to build a fully localised supply chain capable of producing sufficient raw sugar to meet national demand and support future industrial growth.
Speaking at the 2025 Lagos International Trade Fair, the company’s Chief Executive Officer, Ravindra Singhvi, said the expansion aligns with its ongoing backward-integration strategy. He disclosed that new sugar pack sizes — 100g, 250g, 500g and 1kg — will be introduced to broaden access for households and small businesses.
Fatima Aliko-Dangote, Group Executive Director for Commercial Operations, said the initiative reinforces the conglomerate’s goal of strengthening Nigeria’s industrial base and retaining more of the value chain within the country. She noted that industrial expansion remains a key driver of job creation and support for small and medium-scale enterprises.
Represented at the fair by Dangote Cement’s Sales and Marketing Director, Funmi Sanni, she linked the sugar project to the group’s wider investments in refining, fertilisers and petrochemicals.
Dangote Sugar Refinery, the largest sugar producer in Nigeria with a capacity of 1.44 million metric tonnes, reported strong financial performance in its 2025 fiscal year. Revenue for the first nine months rose to N626.24 billion, up from N484.42 billion in 2024, while losses declined significantly from N184.4 billion to N10.59 billion over the same period.
