ref: AG Scientific
As a way to guarantee self- sufficiency and create jobs in the country, the FG has disclosed plans to increase the level of investment in the sugar industry in order to boost production levels.
This was made known by the Minister of Industry, Trade, and Investment, Dr. Okechukwu Enelamah in Abuja at the mid-term review meeting of the Nigeria sugar master plan.
According to Enalamah, the ministry needs to consolidate on the Backward Integration Policy (BIP) of the Federal Government which began four years ago, to meet the desired results of 70% self-sufficiency target in the next ten years.
He asked stakeholders in the sector to come up with functional and sustainable solutions to the sector’s challenge, hinting on private-public partnership (PPP). He also added that the government will provide the enabling environment for stakeholders to do business.
Dr. Abdullatif Busari who is the Executive Secretary of the sugar Council has the expectation that Nigeria will attain a zero percent importation of sugar by the time the policy has reached its maturity of ten years and that it will be possible for Nigeria to export to other African Nations.