Institute Set To Enhance Sugar Production With 2 Million Seedlings 

Institute Set To Enhance Sugar Production With 2 Million Seedlings 

Kamar Bakrin, the Executive Secretary of the National Sugar Development Council, has announced plans for the Sugar Institute to cultivate two million seedlings, aimed at bolstering sugar production across the country upon its full operation…..READ MORE

Bakrin made this revelation during a briefing held in Abuja yesterday, highlighting that the revitalization of the Nigerian Sugar Institute situated in Ilorin, Kwara State, has already commenced production of two million sugar seedlings and the training of approximately 1,500 participants in the sugar industry.

“The council has facilitated the involvement of two new sugar investors who oversee around 20,000 hectares of land under my leadership as part of the implementation of the Nigerian Sugar Masterplan, NSMP,” Bakrin stated.

He emphasized the necessity of proper incentive alignment, citing it as a significant challenge in Nigeria, asserting, “Without proper incentive alignment, people will act in their own interests.”

Bakrin also mentioned that the council had revamped the backward integration performance incentive framework to ensure the harmonization of objectives between the NSMP and operators’ activities.

Furthermore, he revealed that the council had identified three strategies to bolster the sugar sector as outlined in the Nigerian Sugar Master Plan.

“We have established clear performance targets for the industry, with the NSMP built upon fundamental policy pillars,” Bakrin elaborated.

He continued, “These pillars include backward integration, fiscal incentives, project intervention, and performance management.”

“Our primary goal is to accelerate the achievement of the NSMP objectives through strategic interventions. We recognize three key objectives: Firstly, to increase local sugar output to meet domestic demand and establish ourselves as a globally competitive sugar producer.”

“Secondly, we aim to diminish the attractiveness of sugar imports by becoming a globally competitive sugar producer. Lastly, we strive to maximize sugar industry output, as it also yields ethanol, power, and animal feed. We seek to optimize the industry’s productivity and expand the land available for the program,” he concluded.