Federal Govt Taps Taraba For Multi-Million Dollar Sugar Production Boost

 

The federal government, through the National Sugar Development Council, NSDC, has initiated plans to establish a multi-million-dollar sugar production project in Taraba State, aiming to boost local output and advance Nigeria’s drive towards self-sufficiency in sugar.

The Executive Secretary and CEO of the NSDC, Kamar Bakrin, led a delegation to Jalingo, accompanied by officials of Lee Group, to seek the backing of Governor Agbu Kefas and the Taraba State Government for the initiative.

Bakrin described the project as a major investment capable of significantly increasing Nigeria’s sugar production capacity, reducing reliance on imports, and stimulating economic development.

He highlighted that NSDC’s role includes supporting investors through financing, feasibility studies, technical training, research, and land access.

“Sugar is a major socio-economic commodity globally, supporting about 100 million jobs across more than 120 countries. Sugar estates also promote rural development and environmental sustainability,” Bakrin said.

He noted that Taraba State “passed all technical and environmental suitability assessments”, making it an ideal location for large-scale sugar production.

Bakrin also confirmed that Lee Group, through its subsidiary GNAAL Sugar, met all requirements as a credible investor with both financial and technical capacity.

In response, Governor Agbu Kefas expressed the state government’s full support, reaffirming his administration’s commitment to creating an investment-friendly environment.

He described Taraba as rich in natural resources, with vast fertile land suitable for agricultural ventures.

Governor Kefas added that the state has overcome previous security challenges and is now stable and safe for investors, urging business stakeholders to capitalise on the opportunities available in the state’s agricultural sector, particularly in sugar production.

 

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