Dangote Sugar Refinery Plc has allotted 10,011,100 units of its shares, at 50 kobo each to 700 its staffers who have been under its employment since July 2007.

According to an e-mailed statement from the company’s Head, Corporate Affairs, Mrs. Ngozi Ngene, obtained on Thursday, the shares were allotted to the workers in pursuit of the company’s policy to empower its workforce.

The statement also said that 85 other staffers were awarded for their long service in the company.

It quoted the Managing Director of the company , Mr. Abdullahi Sule as saying that the shares, which had been allotted to the workers, would be held under a ‘Share Staff Scheme.’

He said that the company’s management had resolved to encourage and reward its workforce for their commitment towards the achievement of the company’s goals and objectives.

Sule described year 2007 as a good year for the company and called on the management and staff to brace up for more challenges this year, in view of the management’s strategic initiatives for market expansion.

He added, “The expansion of the company’s new product line is in progress. This development will see to the addition of user friendly sizes of 20g, 500g and 1kg to the exiting 50kg package of Dangote Vitamin A, fortified white sugar; and enable the company meet customer’s demand.”