Backward Integration Programme News Today

DSR continues to focus on and enhance its Backward Integration Project (BIP) by deploying and reviewing project strategies to ensure efficient delivery. | Pulse Nigeria

Dangote, at the AGM, Dangote said in alignment with the federal government’s policy guidelines, DSR continues to focus on and enhance its Backward Integration

The Chairman of Dangote Sugar Refinery Plc, Aliko Dangote stated this at the company's 18th Annual General Meeting.

Excerpt

"Certain issues including smuggling, bad roads, high energy costs, and the forex crisis caused the high price but manufacturers have expressed their readiness to bring down the prices in future," an official said.

Dangote Sugar Refinery Plc has started its financial year 2023 with a strong performance in its first quarter (Q1), showing improvement and maintaining its

Nigeria's preferred site for top headlines, breaking news, financial market analysis, banks performance reports, across the counter, fertility, money market,

Chairman of the Company, Aliko Dangote said: “The shareholders are very happy with the way we have been running their company and also in re-investing the profit into the Backward Integration Programme (BIP) for the sugar industry. We are going to play our part in ensuring that Nigeria becomes self-sufficient in sugar within a very short period. We are not the only players, but we will surely play our part. We should be able to produce over 170,000 tonnes which are by far, in the history of Ni...

Despite harsh macro-economic difficulties , Dangote Sugar Refinery Plc (DSR) plans to pay N18.22 billion as dividends to shareholders for the year ended December 31, 2022, while also targeting the production of over 170,000 tonnes of sugar next season.

The shareholders of Dangote Sugar refinery Plc, approved N18.22 billion dividend payout for the year ended December 31, 2022.