Timi Dakolo has shared a note from one of his daughters, in which she accused her mother, Busola Dakolo, of being “biased” against her.
In the note, Halle Dakolo narrated an incident where her mother punished her after a misunderstanding between her and her brother Alex Dakolo.
Halle claimed her mother treated her unfairly following the incident, and she went on to explain how her mother makes certain allowances for her only brother but won’t do the same for her.
“What I did was wrong but one thing that doesn’t sit right with me is my mother’s unfair behaviour towards me,” Halle wrote to her father.
She added: “I know I shouldn’t, but she can be very biased towards me.”
Halle urged her father to judge the case and show the note to her mother to confirm she was telling the truth.
MultiChioce, the parent company of DStv and GOtv, has announced that it has lost around 2.8 million subscribers as economic challenges continue to take hit hard on households across its African markets.
Its financial reports for the fiscal year that ended on March 31 (FY25), which were made public on the Johannesburg Stock Exchange (JSE) in South Africa, made this clear.
According to the firm, difficult macroeconomic variables have caused major financial upheaval for economies, corporations, and consumers throughout sub-Saharan Africa (SSA) over the last two fiscal years.
It stated that this has had a significant influence on the MultiChoice Group’s overall performance, especially when paired with the effects of structural industry changes in the video entertainment sector, such as the growth of social media, streaming services, and piracy.
Multichoice Nigeria CEO, John Ugbe
MultiChoice further reported that it lost 2.8 million active linear subscribers during this time and had to absorb a negative impact of R10.2 billion on its topline due to the local currency’s depreciation versus the dollar.
Amid the challenges, MultiChoice stated that its management acted decisively to ensure that the group could withstand these turbulent times, focusing on key areas within its control.
MultiChoice Group CEO, Calvo Mawela, said: “Our performance reflects both the challenges we’ve faced and the resilience of our teams. While macroeconomic pressures and currency volatility have weighed on our results, our disciplined execution, cost management and investment in new long-term growth opportunities position us well for the future.
“We remain focused on being Africa’s entertainment platform of choice. Our strategy is shaped by developments in our industry such as changes in technology which are driving shifts in consumer behaviour, as well as the impact of rise in piracy, streaming services and social media.”
After 20 years that influenced the company’s expansion and market dominance, billionaire businessman Aliko Dangote has formally departed as Chairman of the Board of Directors of Dangote Sugar Refinery Plc.
Aliko Dangote retires as Chairman of Dangote Sugar Refinery after two decades.
Dangote Sugar Refinery confirmed in a statement signed by Temitope Hassan, the company secretary, that Dangote’s retirement will take effect on June 16, 2025.
Dangote, a founding director of Dangote Sugar Refinery, has been instrumental in the growth of the business by guaranteeing consistent shareholder value, establishing its corporate governance structure, and navigating significant market trends.
Two Decades of Leadership Transformation
“In accordance with the principles of good corporate governance and succession planning, Dangote Sugar Refinery Plc hereby announces the retirement of our esteemed Chairman of the Board of Directors of the Company, Alhaji Aliko Dangote (GCON), effective June 16, 2025,” the company said in a statement acknowledging his enormous contribution.
During his tenure, the business carried out significant backward integration projects in Adamawa, Taraba, and Nasarawa States to improve domestic sugar output and fortify its supply chain.
Aliko Dangote retires as Chairman of Dangote Sugar Refinery after two decades.
“He also played an instrumental role in shaping the Company’s strategy and culture, thereby building a robust foundation for growth and sustenance,” the statement added, underscoring his leadership effect.
Ekpe, Arnold Selected as the New Chairman
The Board of Dangote Sugar Refinery Plc has named Arnold Ekpe, an Independent Non-Executive Director, as the company’s new Chairman with effect from June 16, 2025, following a rigorous selection and transition process.
Having held significant roles in the financial industry and other important sectors, Ekpe, a well-known banking executive, brings a wealth of leadership experience to the job.
He is well-positioned to guide the business into its next stage of expansion because to his thorough knowledge of corporate governance, strategic vision, and dedication to stakeholder value.
With Dangote’s retirement, a revolutionary period that saw Dangote Sugar Refinery Plc become a significant force in Nigeria’s sugar sector comes to an end.
Aliko Dangote retires as Chairman of Dangote Sugar Refinery after two decades.
It is anticipated that Arnold Ekpe, his successor, will build on the company’s achievements to strengthen its position in the market and ensure its long-term viability.
Industry watchers will be keenly monitoring the company’s leadership transfer to observe how Ekpe manages Dangote Sugar Refinery in a changing regulatory and economic environment.
Ahead of the premiere of the 10th edition of the Big Brother Naija TV reality show, a former housemate, Tolanibaj, has shared vital tips for intending housemates.
Tolanibaj urged BBNaija S10 aspirants to bear in mind that, in the Big Brother house, their colleagues are not necessarily their friends.
Tolanibaj also advised them to showcase their real selves on the show, dress well, and have a clear plan for life after the show.
Speaking in a video message shared via her TikTok page, Tolanibaj said, “Things to know before you go into the Big Brother House according to Tolanibaj:
“Number one, be yourself. Don’t go in there and be boring. Nigerians are going to hate it. You will be surprised that it will not work in your favour.
“Secondly, dress up every day. While you are going to be in the Big Brother house, it is going to seem just like a house. But no, it’s not just a house. Sometimes, you might even question, Why do I have to dress up? It’s just a house. No, baby. Remember, it is a show and also a way for you to sell yourself to fashion brands. Do your makeup every day, girls. Guys, as well, drip every day. Even though they are going to give you clothes for the Saturday night parties, still bring your clothes; in case you don’t like them, you can put on your own outfit.
“The third thing on my list is that your housemates are not your friends. Understand that just because you guys are living in a house for a month, two or three months does not make you guys friends. You guys are teammates and colleagues. They are not your friends. If you do come out of the Big Brother house and there is still a friendship there, then cool, you are lucky. You are blessed to be one of the few persons that found real friends in the house. But when you come out and you realise that there has been a change in energy, don’t question it, you guys were not friends. Go back to your real friends and family who really know you. Your housemates are not your real friends.
“Fourthly, make sure you have what you want to do after the show. After the show, the organisers are not going to care about you, and you just have to keep it 100. You are going to come out and you will be going to the world and you have to figure out life. If you are thinking about using the money you won on the show to start your life, it will come, but it is not going to come immediately. If you win 10, 6 or 20 million, every week they can send you N200,000 to N500,000. So plan, don’t depend on that money.
“Fifthly, the real show starts after the show. Once you get evicted or when the show is over, if you win the show, it is even better. But if you don’t win the show, life is not over. It is not about how far you go in the game, it is what you do after the show.”
An Air India passenger plane enroute to London with 242 passengers onboard crashed Thursday in India’s western city of Ahmedabad . Reports by aviation officials revealed in what the airline called a “tragic accident”.
Air India’s flight 171, a Boeing 787-8 Dreamliner, which was bound for London Gatwick crashed shortly after takeoff, officials said.
India’s aviation minister stated that he was “shocked and devastated” by the crash in Ahmedabad, where an AFP journalist saw thick black smoke over the airport.
Reports by India’s civil aviation regulator confirmed that two pilots and ten cabin staff members were among the “242 person on board”.
According to the Directorate General of Civil Aviation, the Air India aircraft “crashed immediately after takeoff” after issuing a mayday call.
The plane crashed outside the airport’s boundary, according to the civil aviation authorities.
Breaking: Air India flight with over 200 passengers onboard crashes
About eight million people live in Ahmedabad, the capital of Gujarat state in India, and the crowded airport is encircled by crowded neighbourhoods.
Ram Mohan Naidu Kinjarapu, the minister of aviation, gave the order for “all aviation and emergency response agencies to take swift and coordinated action.”
“Rescue teams have been mobilised, and all efforts are being made to ensure medical aid and relief support are being rushed to the site,” he added.
“My thoughts and prayers are with all those on board and their families,” he added
Air India chairman Natarajan Chandrasekaran reacting to the incident said, “With profound sorrow I confirm that Air India Flight 171 operating Ahmedabad (to) London Gatwick was involved in a tragic accident today,” Air India chairman Natarajan Chandrasekaran said.
“Our thoughts and deepest condolences are with the families and loved ones of all those affected by this devastating event,” said the airline chairman.
An emergency centre has been activated and a support team set up for families seeking information, he added.
Nigerian Model, Miss Nwaoma Ukachukwu, has raised the alarm over a looming crisis that will soon befall Nigeria.
Nwaoma, in a bulletin made available to the media, said the current crisis in Benue, South East, and parts of the north was capable of consuming the entire nation.
This, she said, was revealed to her by God.
According to her, she sees an increasing rate of criminality in the south east, north east, north west and the middle belt, including the Federal Capital Territory, FCT, that will further frustrate farming activities, especially during this planting season.
Miss Nwaoma said the great “pestilence lies ahead like in the days of Pharaoh, and things will continue to worsen for the country unless the ‘Egyptians’ holding down the prosperity of this country exit the scene for good.”
She accused people in government of deliberately creating the current situation in order to score political points, starting that “such tactics was a direct attack on the citizens.”
“If the attackers continue to attack farmers, who will then go to the farm? Turn to any part of the country, there is one form of terrorism or the other. People in Plateau and Benue can no longer go to farm. People in the south east are constantly attacked.
“How can they farm comfortably. Far away in Zamfara, Borno and Yobe, the story is not different. Many cannot go deep into the bush or the forest to plant or harvest. It’s a sad development.
“The government that is supposed to be man’s best bet and hope for a change, have decided to look the other way and become an agent of degradation and destruction. This is the sad reality.
“Government and people in political circle have failed to understand the act of stewardship and service to the people.
“God says we are gradually getting into a period of famine and massive loss of life.
“Bad policies of government have led her people to an alarming poverty; inflation and rising food prices are becoming worst by the day,” she lamented.
The Nwaoma Foundation CEO warned that should the government not take immediate action against insecurity, and should there not be alternative arrangement to store up food for the most difficult days ahead, famine and loss of lives will become inevitable.
“I call on the government to take action now, else we are in a big trouble. Crime rate will triple amid hunger and deaths if nothing concretely is done,” she said.
Nwaoma further lamented the level of greed in the nation’s polity, saying it has taken over everyone’s soul.
“We need humanity to fight off this greed. We need to be our brother’s keeper, else civil war will be a ‘baby’ to what is about to before us. We must act now,” she said.
The National Rescue Movement (NRM) says it has contacted its team of lawyers to address the alleged imposition of a candidate on the party by the Independent National Electoral Commission (INEC) in the forthcoming governorship election in Anambra State.
The NRM said it was taken aback that INEC, which had refused to recognize its National Electoral Committee (NEC), constituted at its last emergency convention held on Jan.17, turned around to publish the name of a candidate for the poll.
Speaking to newsmen in Abuja on Wednesday the immediate-past National Chairman of the party, who is now the National Organising Secretary of the NRM, Mr Isaac-Chigozie Udeh, confirmed this.
The News Agency of Nigeria (NAN) reports that INEC had, recently, announced Nov. 8 for the conduct of the governorship election in Anambra.
Udeh said that although his name “still remains the party’s national chairman in INEC’s record and website,” he, at no time, submitted any candidate’s name to the electoral body for his party in respect of the Anambra election.
“On January 16, 2025, we got an order impelling INEC to monitor our emergency national convention slated for January 17, 2025. INEC was duly notified.
“The emergency national convention was held and Chief Edozie Njoku and other national executives were elected.
“I stepped down (as the National Chairman) to become the National Organising Secretary of the party.
“On March 5, 2025, Hon. Justice Obiora Egwuatu of the Federal High Court, Abuja, went further to give a judgement impelling INEC to accept and recognise the outcome of the January 17, 2025, emergency national convention of the party,” he said.
He stated that even though INEC was informed about the court order on January 16 and the judgment on March 5, still went ahead and monitored an illegal NEC meeting on January 27, 2025, as well as Emergency National Convention held on April 14, 2025.
He said this was in total defiance to the subsisting court order impelling the commission to recognise the national executives of the party that emerged from Jan. 17 convention.
“INEC went ahead to reject all the letters we wrote notifying them of our electoral activities in preparation for the Anambra governorship election and the need for them to monitor it as required by the law.
“Brazenly, INEC chose to monitor the illegal governorship primaries organised by Mr. Chinedu Obi, the National Welfare Officer of the party,” he said.
Udeh accused some identified INEC’s officials of allegedly subverting the intention and efforts of the NRM to function effectively as a political party under a new leadership led by Chief Njoku.
He accused the said officials of misleading INEC of violate Subsection 2.5 (a), (b) and (d) of the Electoral Act 2022 relating to how a political party submit its candidates’ list and particulars to INEC.
“It is abundantly clear that the purported name inserted against NRM, in the Anambra governorship election does not have the approval of the legally recognised NRM National Chairman, Chief Edozie Njoku.
“It also does not have my endorsement, as the man whose names still adorns the commission’s website,” he stated.
He accused the said INEC officials of engaging in forgery, wondering how they came about his signature and that of Njoku.
“This is the requirement of the law. Outside the two of us, no other person(s) has the right to sign or authenticate the party’s candidate.
“Our lawyers have been contacted to act accordingly in addressing this very disturbing scenario.
“We urge Nigerians that holding public office holders accountable is part of our civic duty. No one should shy away from it,” Udeh said.
The Nigerian Government, through the Office of the Head of Civil Service of the Federation, has announced a week-long event for the 2025 African Public Service Day and Nigeria’s Civil Service Week.
The Federal Government also announced that the Federal Civil Service will transition to a digital system and eliminate paper usage by December 2025.
Head of Civil Service of the Federation, Dr. Didi Esther Walson-Jack, made this known during a world press conference to announce the upcoming 2025 African Public Service Day and Civil Service Week in Abuja on Wednesday.
Walson-Jack said that the initiative aligns with the Federal Civil Service Strategy and Implementation Plan for 2021–2025, which is scheduled to wrap up by the year’s end.
She said, “Even before I assumed office, the OHCSF had already gone paperless. We are now working to accelerate this transformation across all MDAs.
“Just last week, I was at the Federal Ministry of Health to launch their Enterprise Content Management Systems (ECMS), making them the 11th ministry to go paperless. The rest are at varying stages of implementation.
“We have engaged partners to help fund digital transitions in some of the ministries. The race to December 31, 2025, is on, and with hard work and God’s grace, the Nigerian Civil Service will be fully paperless by December 31, 2025.”
She added, “It is my honour and privilege to announce that the Federal and State Civil Services will commemorate the African Public Service Day and the Nigerian Civil Service Week, from Friday, 20th to Saturday, 28th June 2025.
“In the same week, a historic inaugural International Civil Service Conference will be held in Abuja, Nigeria, from 25th to 26th June 2025. These events represent a defining moment in our ongoing journey to reposition the Nigerian Civil Service as a 21st-century engine for national development, regional and international leadership.”
The 2025 Nigerian Civil Service Week, a significant event in our calendar, will feature a series of spiritually enriching, intellectually engaging, and socially rewarding events designed to celebrate excellence in public service, reflect on reforms, and promote a unified vision for a stronger Civil Service.
“The programme line-up includes the commissioning of the remodelled Reception for the Office of the Head of the Civil Service of the Federation, a Special Juma’at Prayer at the National Mosque, a Thanksgiving Service at the Family Worship Centre, Wuye, and a Study Tour of the Federal Civil Service and Abuja by State’s Heads of Civil Service.
“A Welcome Cocktail for ICSC Speakers, Wellness Activities, and a Social Get-together for Civil Servants are some of the other activities.
“The meat of the Week would be the two-day International Civil Service Conference (ICSC). The week would be rounded off with a Rewards and Recognition Awards Ceremony.
“Hosting the ICSC directly expresses Nigeria’s commitment to the Federal Civil Service Strategy and Implementation Plan (FCSSIP25), with its core pillars of Capability Building, Performance Management, and Digitalisation. It also aligns with key provisions of the 2021 Public Service Rules,” she stated.
A socio-political activist, Reno Omokri, has said his support for the current administration led by President Bola Tinubu was not financially induced.
Omokri, who is known for his attacks on opposition figures, particularly the Labour Party presidential candidate in the last election, Peter Obi, addressed the matter while featuring on the Channels TV program on Wednesday.
The former presidential spokesperson claimed that his support for the administration is based on patriotism birthed by his love for the country.
He vehemently denied the allegations that he is on the payroll of the APC government, following his consistent support for relatively all President Tinubu’s policies.
Reno Omokri
He said, “So who was paying me between 2025 and 2023 when I was traveling over on matters concerning Nigeria?
“Why would anyone give me money? I’m doing this not just for the love I have for Tinubu but the love I have for Nigeria.
“Right now, I’m in Lagos and I don’t live here. I came to Lagos because people have spread wrong information about the Lagos-Calaba coastal highway.
“I bought a ticket with my own money, then I came and gathered journalists. I also gathered members of the public, ordinary Nigerians. I bought a drone with my own money to verify that indeed the 30 kilometers highway is complete”.
Nigeria’s First Lady, Senator Oluremi Tinubu has lamented on the continuous child labour practices in the country, lamenting that the situation steals the dream of young children.
She said this on World Against Child Labour Day 2025, marked on June 12.
She called for strengthening of laws to discourage the practice, while rallying support for families, and investment in quality education for every child.
In a personal statement she wrote to commemorate the day, Remi Tinubu said, “Today, we raise our voices for millions of children whose dreams are stolen by the harsh reality of child labour. It is unacceptable that children are still forced to work instead of going to school, pursuing their dreams and learning how to grow into productive members of the society.
“Let us speed up efforts to end child labour in all ramifications by strengthening our laws, supporting families, and investing in quality education for every child.
“I urge us to work towards building a country where every child is free to thrive, dream, and reach their God-given potential. God bless our precious children!
The theme for this year’s celebration is: “Let’s Speed Up Efforts! End Child Labour!”
Several people have been feared dead, with many others injured, following a deadly overnight attack by suspected herdsmen on Mtsewnem, Akondutyough village in the North Bank area of Makurdi, the Benue State capital.
Sources told that the assailants stormed the community around 3:00 a.m., attacking residents in their sleep.
Reacting to the incident, humanitarian worker and human rights advocate, Ukan Kurugh, described the attack as “deeply disturbing.”
Herdsmen attack
He wrote, “At 3:00 a.m. today, I received a heartbreaking distress call, accompanied by chilling video footage and photographs of yet another suspected herdsmen attack.
“This time, the horror unfolded in North Bank, less than a 40-minute drive from Makurdi town.
“These brazen attackers continue to strike with impunity, undeterred by the presence of state and federal authorities. They have defied the President, the Governor, and our entire security apparatus.
“To the wounded and to the families who lost loved ones, my heart grieves with you. Your pain is our pain. We will not turn away. We will not be silent. We are wide awake and we will continue to speak, to mourn, and to demand action.”
Meanwhile, efforts to reach the Benue State Police Command PRO, Edet Udeme were not successful as of the time of this report.
President Bola Tinubu has delared an open welcome to Wike, stating that he will welcome Federal Capital Territory (FCT) Minister Nyesom Wike into the ruling All Progressives Congress (APC) whenever he chooses to officially become a member .
President Tinubu, who was speaking during the inauguration of the Arterial Road N16 and other facilities in the Katampe District of Abuja, praised the FCT minister’s leadership and made a playful reference to the minister’s signature song from his past campaign rallies.
“We have somebody—Nyesom Wike—he is not a member of my party (APC), not yet.
“But the day he changes his mind and registers with the progressives, we will welcome him. Because we will enjoy singing ‘as e dey pain dem, e dey sweet us,’” Tinubu said.
The President’s statement drew laughter from the audience, including Wike himself, reflecting a continued mutuality between the two political figures.
Tinubu x Wike
Also Recommended: “Seems we have two presidents”, Dele Momodu berates Tinubu for calling Nigerians busybodies
Since openly endorsing Tinubu in the general election of 2023, Wike, a member of the opposition Peoples Democratic Party (PDP), has sparked political debate.
In August 2023, he was sworn in as the FCT Minister after accepting a cabinet position from the APC-led government, although staying in the PDP after Tinubu won the higly contentious presidential election.
His often-repeated endorsements and support for President Tinubu have drawn mixed reactions from observers and party loyalists like Bode George and Dele Momodu.
Democracy Day: Protesters mobilise as Tinubu addresses NASS
A clash between protesters and security officials may ensue today June 12 as the Take It Back Movement, protest organisers, have planned to carry out a demonstration at the National Assembly, Abuja and 19 other locations across the country during the democracy day celebrations.
President Bola Tinubu addresses a joint session of the Senate and House of Representatives today as part of Democracy Day activities, setting the stage for a volatile situation.
In a statement released on Wednesday, Segun Imohiosen, the Director of Information and Public Relations in the Office of the Secretary to the Government of the Federation, explained the move by stating that the President was expected to attend a joint session of the National Assembly today.
He noted that the President would instead give his Democracy Day speech straight from the National Assembly chambers.
The organisers of the protests told newsmen that they plan to approach political figures about their fight against economic hardship.
In an interview with The PUNCH on Wednesday, the Take it back group declared that it would be moving its march against the harsh reforms enacted by the Tinubu administration from Eagle Square to a different location.
The demonstration, which is anticipated to attract attendees from a range of civil society organisations, aims to raise awareness of what the organisers called Tinubu’s government’s “two years of misrule, hardship, and insecurity.”
Democracy Day: Protesters mobilise as Tinubu addresses NASS
The Director of Mobilisation for the protest in the Federal Capital Territory, Michael Adenola, said the movement had gained momentum among young Nigerians who are angered by the worsening economic conditions and government neglect.
“Preparations are in order. Many Nigerian youths, who have expressed frustration over the spate of killings in the country, mass unemployment, and underfunded education, have shown commitment to participate in the protest.
“Other civil society organisations have also committed to mobilising their members. Expect thousands on the streets of Abuja.”
Adenola also urged the security agencies to respect the constitutional rights of protesters and refrain from using force.
Democracy day: Tinubu cancels nationwide broadcast, to address NASS on June 12
President Tinubu has cancelled his previously planned nationwide broadcast to commemorate Nigeria’s 26th Democracy Day anniversary and will instead deliver an address during a joint session of the National Assembly(NASS) on Thursday, June 12, 2025.
The Director of Information and Public Relations, Segun Imohiosen, made the statement on Wednesday and explained the move by citing the president’s planned appearance in the National Assembly.
“Due to President Bola Tinubu’s scheduled attendance at the National Assembly Joint Session, the Presidential National Broadcast on June 12 has been cancelled. President Tinubu will deliver his address from the National Assembly,” Imohiosen stated.
The official affirmed that other Democracy Day events will go forward as planned despite the broadcast’s cancellation.
Furthermore, a previous notification to reporters revealed that the customary military parade, which was originally scheduled on June 12, has also been cancelled. But there was no formal explanation for why it was taken out of the program.
Additionally, a previous notification to reporters revealed that the customary military parade, which was originally scheduled on June 12, has also been cancelled. But there was no formal explanation for why it was taken out of the program.
A statement, issued by Abdulhakeem Adeoye on behalf of the Director, Information & Public Relations in the Office of the Secretary to the Government of the Federation, detailed the updated schedule for the Democracy Day festivities. It includes;
1. Presidential National Broadcast: Cancelled
2. Democracy Day Parade: Cancelled
3. National Assembly Joint Session: President Tinubu to attend at 12 noon
4. Public Lecture on Democracy Day Celebration: State House Conference Centre, Abuja, at 4 p.m.
As Nigerians await President Tinubu’s speech on national development and governance, the country’s observance of Democracy Day has changed following the decision to speak to the National Assembly rather than via the customary broadcast.
Approximately 70% of the world’s raw sugar supply comes from this South American country. With 1.4 to 1.6 million metric tons of sugar consumed domestically each year, Nigeria imports a significant portion of its foreign exchange from Brazil.
The three main sugar refineries in Nigeria, which are owned by Dangote, BUA, and Golden Penny, process about 96% of the country’s imported raw sugar from Brazil.The white commodity is being impacted by favorable weather and cheap oil prices, which deter Brazilian mills from rerouting a greater portion of cane into ethanol.
Nigeria intends to expand its sugar industry.
Because of the robust and expanding demand for domestic production, Nigeria’s sugar market, which is projected to be worth $2 billion, offers investors a profitable opportunity.
Falling sugar prices to boost profits for Dangote Sugar, BUA, and Golden Penny
The Nigeria Sugar Master Plan II (NSMP II), launched by the Federal Government, aims to boost the nation’s sugar industry by increasing output, creating jobs, and producing ethanol and energy.
The initiative aims to produce 11.6 million metric tons of animal feed, 400 megawatts of power, and 161 million gallons of ethanol. The plan’s seven pillars, which include a more thorough diversification approach, are crucial for determining the best site for sugarcane growing, increasing crop yields, and drawing in more than $4 billion in investment.
To help meet these goals, the government promoted 50,000 hectares of commercial agricultural. While new sugar projects are being considered, brownfield projects—which include extending existing sugar estates—will account for around 70% of the projected production.
Production is Revamp by Major Sugar Producers.
For the previous two months, sugar prices have been plunging; on Friday, London sugar and New York sugar futures both touched four-year lows. Prices are falling as a result of forecasts of a worldwide sugar glut.
Falling sugar prices to boost profits for Dangote Sugar, BUA, and Golden Penny
Global sugar output is expected to reach a record 189–318 million metric tons (MMT) in 2025–2026, up 4.7% year over year (y/y), according to USDA projections. This would result in a global sugar surplus of 41–188 MMT, which is a 7.5% rise year over year.
ndia, the world’s second-largest producer, faces a bleak outlook for sugar prices due to rising production levels. Citing increased planted cane acreage, India’s National Federation of Cooperative Sugar Factories forecasted last Monday that the country’s sugar production in 2025–2026 would rise by 19 percent year over year to 35 MMT. A robust sugar crop could result from anticipated abundant rainfall in India, adversely affecting prices.
India’s Ministry of Earth Sciences predicted on April 15 that this year’s monsoon would be above average, with total rainfall expected to reach 105% of historical norms. The monsoon season in India spans from June to September.
The Indian government earlier announced it would ease restrictions on sugar exports, permitting its sugar mills to export one million metric tons of sugar this season. India has limited sugar exports since October 2023 to maintain sufficient domestic supplies.
Thailand’s increasing sugar production is anticipated to put downward pressure on sugar prices. The country’s Office of the Cane and Sugar Board reported on May 2 that Thailand’s sugar production increased by 14% year-over-year to 10,000 MMT in 2024–2025. Thailand ranks third for sugar production globally and second for sugar exports.
Falling sugar prices to boost profits for Dangote Sugar, BUA, and Golden Penny
Meanwhile, Africa’s richest man, Aliko Dangote, revealed plans for a historic sugar refinery project in the Bono Region that would boost the local industry and lower Ghana’s $162 million sugar import bill. The refinery in Kwame-Danso will process 12,000 tons of sugarcane daily across 25,000 hectares of irrigated farmland.
