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The Executive Secretary of the National Sugar Development Council (NSDC), Kamar Bakrin, has encouraged farmers and investors to invest in sugar production in Nigeria. According to Bakrin, the country’s over-dependence on imported raw sugar and its by-products can be reduced through local production.
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Bakrin stated that the Nigerian sugar market is currently valued at over $2 billion, and the continental deficit is expected to rise to 13 MT in 2030 due to rising demand and regional supply gaps. He added that the market for sugar by-products is worth $10 billion, making local production a profitable venture with an assured market, attractive returns, and strong government backing.
The NSDC has identified 150,000 hectares of viable land suitable for sugarcane cultivation, which is available to new investors. Bakrin noted that the prevailing macroeconomic conditions have made local production more competitive and importation more challenging, making it a valuable opportunity to produce sugar in Nigeria.
The President of the All Farmers Association of Nigeria (AFAN), Dr Faruk Rabiu Mudi, has accepted the task of mobilising its members to show more interest in the sugar industry, particularly the commercial out-grower scheme. Dr Mudi acknowledged that the country’s local production numbers compared to consumption are not good enough and that addressing the deficit is not a task for the NSDC alone
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Jonathan Nwokpor
