Nigeria: Federal Government reiterates commitment to sugar export for improved economy


The Federal Government of Nigeria has reaffirmed its support for sugar exports to boost economic growth. At a public hearing on amending the National Sugar Development Council Act, Minister John Enoh emphasized sugar’s role in achieving a \$1 trillion economy. Lawmakers and stakeholders discussed reforms to revitalize the industry, following the failure of the 2012 Sugar Master Plan.
The Federal Government has restated its commitment to promoting sugar exports as part of efforts to strengthen the nation’s economy.
Minister of State for Industry, Senator John Enoh, stated this on Thursday during a public hearing on a Bill to amend the National Sugar Development Council Act, held in Abuja. He emphasized that sugar plays a critical role in achieving the Bola Tinubu administration’s vision of building a $1 trillion economy, reported Sundiata Post.
Enoh expressed disappointment over the failure of the 2012 Sugar Master Plan, which aimed to reduce the country’s dependence on sugar imports. He called on lawmakers and industry stakeholders to develop robust legislation that would enhance the regulation and growth of the sugar sector.
He further reaffirmed the ministry’s commitment to supporting the proposed amendment, highlighting its potential to drive a sugar-based economy.
In his remarks, the Speaker of the House of Representatives, Rep. Tajudeen Abbas—represented by Chief Whip Rep. Usman Kumo—said the public hearing was intended to generate diverse perspectives on strengthening the Sugar Development Council. He reiterated the legislature’s dedication to aligning the council with international best practices.
Abbas encouraged stakeholders to actively engage in open dialogue to support the council’s development and effectiveness.
Also addressing the audience, Dr. Enitan Badru, Chairman of the House Committee on Industry, noted that the bill aims to redefine and reposition Nigeria’s sugar industry. He said it would help implement effective strategies to advance the sector.
Dr. Badru urged stakeholders to provide valuable input to enhance the efficiency and sustainability of the industry.
Mr. Kingsley Chukwuemeka, Deputy Comptroller of Customs in charge of Tariffs and Trade, assured the audience of the Nigeria Customs Service’s readiness to support and enforce laws that contribute to national economic growth.
To Read more about Sugar Industry continue reading Agriinsite.com
Source : Chinimandi
