Nigeria Sugar Production Project Launched in Taraba State

FG to establish multi-million-dollar sugar factory in Taraba

The Nigerian government has embarked on an ambitious plan to establish a large-scale sugar production project in Taraba State, aiming to boost domestic output and reduce reliance on imports. Led by the National Sugar Development Council (NSDC), the initiative seeks to capitalize on the state’s vast fertile land and favorable climate to increase the country’s sugar production capacity.

A delegation from the NSDC, headed by Executive Secretary and CEO Kamar Bakrin, recently visited Jalingo to secure the support of Governor Agbu Kefas and the Taraba State Government for the project. Bakrin emphasized the significance of the project, stating that it would not only increase sugar production but also stimulate economic development and create jobs. The NSDC’s role in the project includes providing financing, feasibility studies, technical training, research, and land access to support investors.

Bakrin highlighted the importance of sugar as a socio-economic commodity, supporting over 100 million jobs globally, and noted that sugar estates can promote rural development and environmental sustainability. He confirmed that Taraba State has passed all technical and environmental suitability assessments, making it an ideal location for large-scale sugar production. The project’s investor, Lee Group, through its subsidiary GNAAL Sugar, has also met all requirements, demonstrating financial and technical capacity.

Governor Agbu Kefas expressed the state government’s full support for the project, reaffirming his administration’s commitment to creating an investment-friendly environment. He emphasized Taraba’s rich natural resources, including vast fertile land suitable for agricultural ventures, and noted that the state has overcome previous security challenges, making it stable and safe for investors. The governor urged business stakeholders to capitalize on the opportunities available in the state’s agricultural sector, particularly in sugar production.

The project’s success could have significant implications for Nigeria’s economy, as the country seeks to reduce its reliance on imported sugar. With the NSDC’s support and the state government’s commitment, the project is poised to make a substantial contribution to the country’s sugar production capacity. As the project moves forward, it is expected to create jobs, stimulate economic growth, and promote rural development in Taraba State.

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