FG Encourages Investment in Nigeria’s $2 Billion Sugar Industry
The federal government is urging both local and international investors to explore opportunities in Nigeria’s sugar market, which is valued at approximately $2 billion. Kamar Bakrin, the Executive Secretary and CEO of the National Sugar Development Council (NSDC), emphasized that Nigeria’s annual sugar consumption ranges from 1.4 to 1.6 million metric tonnes. Bakrin stated that…