Speaking in Abuja during a meeting with the management of Niger Foods Security Systems and Logistics Company Limited, Abubakar Kyari, Minister of Agriculture and Food Security, said the initiative aligns with the National Sugar Master Plan and the Administration’s Renewed Hope Agenda to achieve food and nutrition security.
Kyari emphasised that the Ministry would collaborate with credible investors to expand sugarcane cultivation, support local processing, and attract both domestic and international investment into the sector.
He noted that the Government would work closely with the National Sugar Development Council and other stakeholders to unlock opportunities in the sugar value chain.
Aliyu Sabi Abdullahi, Minister of State for Agriculture, added that revitalising the sugar sub-sector would open up more employment opportunities, particularly for women and youth farmers.
Read also: Nigeria’s sugar-sweetened beverage tax: A blunt instrument crippling industry, undermining trust, and threatening livelihoods
On his part, Sammy Adigun, executive chairman, Niger Foods, disclosed that the company had secured 250,000 hectares of land in Niger State for sugarcane cultivation.
He noted that the project would require about $3 billion in sugar plant investments, targeting the cultivation of 50,000 hectares with an annual output of 2 million tonnes.
Adigun highlighted that Niger Foods had already produced 60,000 tonnes of sugarcane from three hectares last year, proof of the potential for scaling nationwide with adequate Government support.