Connect with us

Business

NSDC’s Kamar Bakrin Drives Nigeria’s Sugar Self-Sufficiency

Published

on

NSDC

NSDC’s Kamar Bakrin says greenfield projects and outgrower programmes are key to Nigeria’s sugar self-sufficiency and economic growth

adron lemon friday

Kamar Bakrin, Executive Secretary and Chief Executive Officer of the National Sugar Development Council (NSDC), has said that Nigeria’s greenfield sugar projects and structured outgrower programmes are critical to achieving domestic sugar self-sufficiency.

Also read:  Nigeria Reveals Annual Basic Salaries of Political and Judicial Office Holders

Speaking to Okechukwu Nnodim and select journalists in Abuja, Bakrin highlighted the role of recent Memoranda of Understanding signed with four project promoters.

Each project, he explained, combines large-scale sugarcane cultivation with modern processing facilities and is expected to add roughly 400,000 metric tonnes of sugar annually once fully operational.

The initiatives span the South-West, North-Central, and North-East regions, ensuring broad-based economic benefits, including job creation, infrastructure development, and enterprise growth.

Bakrin noted that GNAL Sugar, promoted by the Lee Group in Taraba State, is progressing steadily.

Taraba’s extensive land availability, reliable water resources, favourable agro-climatic conditions, and government support made it a prime choice for the project.

“We are taking a deliberate, structured approach to ensure long-term viability,” he said.

To support the greenfield projects, NSDC has established dedicated seedcane farms and deployed pre-sprouted bud chip technology via the Nigeria Sugar Institute.

This strategy shortens development cycles, reduces costs, and ensures a consistent supply of quality planting materials.

Bakrin emphasised that the Institute has been repositioned as a national centre of excellence, providing research, training, and technical support to all industry players.

The Sugarcane Outgrower Development Programme (SODP) has also attracted strong interest, Bakrin said.

The programme links farmers directly to licensed processors, offering guaranteed offtake, quality inputs, and technical support.

“This integrated approach reduces risk, boosts productivity, and builds confidence across the sugar value chain,” he added.

Bakrin further highlighted NSDC’s $1bn partnership with SINOMACH as a transformative investment for Nigeria’s sugar industry.

The deal is projected to bring 75,000 hectares under cultivation, produce up to 500,000 metric tonnes of sugar annually, and add 50,000 tonnes-per-day in factory processing capacity.

The initiative is designed to reduce imports, conserve foreign exchange, and create large-scale employment.

“Ambitions of this scale require discipline, sequencing, and rigorous execution,” Bakrin said.

Also read: Gbenga Daniel Praises Nigeria’s Economic Recovery Under Tinubu

“We have laid the groundwork, aligned stakeholders, and established institutional coordination to ensure these projects transition decisively from planning to execution.”

69 / 100 SEO Score

Business

Tinubu Vows to Revive Nigeria’s Dormant National Refineries

Published

on

President Bola Tinubu has reaffirmed the Federal Government’s commitment to rehabilitating and repositioning Nigeria’s dormant national refineries, declaring that the facilities will not be allowed to become stranded assets.

adron lemon friday

Tinubu was represented by the Permanent Secretary of the Ministry of Petroleum Resources, Mrs Patience Oyekunle, at the 20th OTL Africa Downstream Energy Week in Lagos on Monday.

The President said the government is adopting a more rigorous and commercially sustainable approach to the rehabilitation of the Port Harcourt, Warri and Kaduna refineries.

“At the same time, the government remains committed to ensuring that existing national refining assets are not allowed to become stranded investments,” the statement said.

“We are pursuing a more rigorous, commercially sustainable approach to the rehabilitation and repositioning of our refineries, supported by technical assessment, stronger partnerships, and improved operational discipline.”

The objective, according to the administration, is for Nigeria to refine more of its crude oil, create greater domestic value and become a reliable supplier of energy to Africa.

The national refineries, managed by the Nigerian National Petroleum Company Limited (NNPC), have remained largely inactive for years despite significant spending on turnaround maintenance. The NNPC has signed a memorandum of understanding with Chinese firms as part of ongoing efforts to revive the facilities.

Tinubu also noted the contribution of private refining capacity, particularly the Dangote Refinery, which has reached its 650,000 barrels-per-day nameplate capacity, in strengthening Nigeria’s prospects of becoming a net exporter of refined petroleum products.

64 / 100 SEO Score
Continue Reading

Business

NNPC Records ₦7.2tn Profit as Tinubu Receives 2025 Report

Published

on

Tinubu

Tinubu receives NNPC’s 2025 audited report as profit after tax rises 33% to ₦7.2tn, with revenue reaching ₦34.5tn and dividend at ₦5.8tn (more…)

72 / 100 SEO Score
Continue Reading

Business

AICL GMD Tamuno Seeks Stronger Diaspora Investment

Published

on

AICL

AICL GMD Maureen Tamuno calls for stronger diaspora investment in Africa through trust, transparency, skills transfer and sustainable partnerships

(more…)

adron lemon friday

60 / 100 SEO Score
Continue Reading

Trending News