Nigeria : NSDC, Lee Group to set up multi-million-dollar sugar project in Taraba
The National Sugar Development Council and Lee Group are collaborating to develop a large sugar production project in Taraba state. The initiative aims to boost Nigeria’s sugar self-sufficiency, create jobs, and support rural development. Governor Kefas welcomed the investment, highlighting the state’s agricultural potential and improved security for business growth.
The National Sugar Development Council (NSDC) and the Lee Group have taken a significant step towards the successful take-off of a massive sugar production site in Taraba state.
The Executive Secretary/CEO of NSDC, Mr, Kamar Bakrin, led a high-powered delegation made of the Council’s officials and Lee Group Management team to Jalingo, the Taraba state capital, to seek the support, cooperation and collaboration of state government in establishing a multi-million-dollar sugar project in the state.
In his remarks, the NSDC boss informed the governor, and other officials present at the meeting, that he led the Lee Group to the state to explore an opportunity for a major sugar investment whose success is crucial to Nigeria’s quest for self-sufficiency in production.
“Sugar is an incredibly significant socio-economic product globally, employing about 100 million people in over 120 countries. Sugar estates are often located in rural areas, they naturally drive local development without causing environmental degradation. In fact, sugar cultivation contributes positively to environmental sustainability,” the NSDC boss said.
The Executive Secretary disclosed that a comprehensive national study conducted by the Council identified about 1.2 million hectares of land across the country as suitable for sugar development, adding that Taraba ranks among the most strategically positioned.
Also speaking, the Project Director of Lee Group, Mr. Lam Wing Ki Wilkins, informed the governor of the group’s desire to set up a multi-million-dollar sugar project in Taraba state.
He said the state possessed “immense potential for agriculture and industrial growth,” noting that the proposed sugar project would significantly advance both local and national economic objectives.
“We are not here merely to present an idea — we are here to build a lasting partnership. Our investment will enhance the state’s revenue base, create significant employment opportunities, stimulate local enterprise, and empower farming communities through an inclusive out-grower scheme,” he said.
Responding, Governor Kefas said his administration is committed to creating a conducive environment for investors interested in doing business in the state, particularly in the agricultural and industrial sectors.
The governor described the state as nature’s gift to the nation, noting its abundant natural resources and vast arable land suitable for agricultural ventures.
According to him, the state has addressed previous security challenges and is now peaceful and safe for local and foreign investments.
He called on investors to take advantage of the available opportunities, particularly in sugar production, a key focus of the state’s agricultural agenda.
To Read more about Sugar Industry continue reading Agriinsite.com
Source : Blueprint
