Sugar Masterplan Attracted $1 Billion Investments, 15,000 Jobs, Says NSDC Boss

The National Sugar Development Council in Nigeria has announced exciting news about the country’s sugar industry.

They shared that a special plan, called the Backward Integration Plan, has helped attract $1 billion in investments to build new sugar factories and create more than 15,000 jobs for people.

This means more sugar can be produced in Nigeria, which is great because it reduces the need to import sugar from other countries.

The council also said they want to make some changes to their rules to help the sugar industry grow even more in the future.

These changes will include providing support for local farmers and making sure the sugar market in Nigeria is strong and fair. They believe there are many opportunities for sugarcane products, like biofuels and bioplastics, which can help the environment.

Overall, this plan is important for helping Nigeria produce enough sugar for its people and creating jobs.

The government is working hard to support this growth and make sure everyone can benefit from it.

(This Day)