Abuja, Nigeria – In a bid to reduce its dependence on sugar imports, the National Sugar Development Council (NSDC) has forged a strategic partnership with the Abuja Chamber of Commerce and Industry (ACCI). The collaboration aims to attract investments and boost domestic sugar production in Nigeria.
During a recent meeting, NSDC Executive Secretary Kamar Bakrin outlined the council’s ambitious goal of producing 2 million metric tons of sugar annually. This would not only surpass Nigeria’s current demand of 1.8 million metric tons but also position the country as a major player in the global sugar market.
“We have identified the need to search for new production sites as a priority,” Bakrin explained. “The council is working on developing criteria to ensure the success of these sites and will monitor their progress over the years.”
To achieve this target, the NSDC is actively seeking suitable locations for sugarcane farming and sugar manufacturing. Bakrin emphasized the potential profitability of the sugar industry in Nigeria, citing the growing interest from both local and foreign investors.
Drawing inspiration from successful sugar programs in countries like Tanzania and Senegal, Bakrin estimated that approximately US$5 billion would be required to fully develop the sector. He proposed facilitating long-term financing options to attract investors and ensure the sustainability of the industry.
Beyond financial incentives, the NSDC recognizes the importance of community engagement. Bakrin highlighted the potential for sugar projects to create jobs, develop essential infrastructure, and contribute to the overall welfare of local communities.
“We believe that the cooperation between us will benefit both parties,” Bakrin stated, expressing optimism about the partnership with ACCI.
The collaboration comes at a crucial time for Nigeria, which currently imports a significant portion of its sugar needs. Nasarawa State Governor Abdullahi Sule recently advocated for the inclusion of sugarcane in the Value Chain Development Programme (VCDP), underscoring the government’s commitment to reducing sugar imports and promoting domestic production.
