• About Us
  • Contact
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Editorial Charter
  • Corrections Policy
  • Sitemap
Freelanews
Advertisement
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
Freelanews
No Result
View All Result
Home News General

‘For every cube of sugar imported, we’re importing poverty, insecurity others’

Freelanews by Freelanews
November 27, 2019
in General
0 0
0
National Sugar Development Council NSDC

For every cube of sugar imported into Nigeria, one is bringing poverty, unemployment and insecurity among others, the Executive Secretary and Chief Executive Officer (CEO) of National Sugar Development Council, Dr. Latif Busari has said. Busari in his paper presentation on ‘The Sugar Economy’ at the 3rd Agricultural Conference and Exhibition which held in Lagos said that Nigeria has potential of becoming a net exporter of sugar. He also pointed out that Nigeria sugar consumption has been on the increase since independence with an annual average growth rate of 8 percent according to National Bureau of Statistics (NBS, 2005).

“Only about 5 percent of the national demand for the commodity is produced locally while the balance is imported with a huge foreign exchange on an annual basis. This is in spite of the fact that Nigeria’s large potential, in terms of abundant land, water and human resources, to produce sugar, to not only satisfies her local requirements but also for export to earn foreign exchange. What a paradox!,”

“For every cube of sugar imported in to the country, one is bringing poverty, unemployment, insecurity etc. The need therefore, arises to check the unprecedented dependence on importation of sugar,” he stressed.

Some of the reasons for the increase in demand for sugar he said may be attributed to growth in population, increase in per capital income, urbanization, change in taste and increased industrial usage of the commodity. Sugar according to him is a strategic commodity that is essential in the daily life of any nation; owing to the fact that it is consumed as a food item and it is used as an industrial raw material in virtually all food, beverage and pharmaceutical.

He stressed the need to check the unprecedented dependence on importation of sugar because of the strategic importance of the commodity and the urgent need to conserve the hard earned but much expended foreign exchange coupled with the realisation of the fact that Nigeria has potential of becoming a net exporter of sugar.

perfect aesthetic dental clinic perfect aesthetic dental clinic perfect aesthetic dental clinic

Sugar, he also said is among the three most important commodities in enhancing Gross Domestic Product (GDP) and growth of the nation’s economy and development; noting that the contribution of a well-developed sugar industry cannot be over-emphasized in terms of employment generation, wealth creation, food sufficiency, rural development and poverty alleviation.

However, Busari stated that all hands must be on deck to support the implementation of the Nigerian Sugar Master Plan (NSMP), the strategic road-map that will facilitate the achievement of national self-sufficiency in Sugar and its value chain to the economy well-being of Nigeria and Nigerians. Some of the challenges of the sugar industry and implementation of the NSMP include: problem of access to land/communal agitations, which he said have stalled many project which would have raised the profile of projects under the NSMP; lack of inter-agency cooperation/incentives, which has continued to impede progress in the implementation of the NSMP; persistent flooding of sugar estates and smuggling/faking of local sugar brands among others.

“Smuggling of granulated sugar and faking of local brands particularly in the North-West Zone has been a major menace. Council has engaged relevant agencies to address this. The major operators (DSR, BUA and GSC) have initiated measures with Nigeria Customs, SON and NAFDAC to stem the tide. Smuggling of packaged sugar especially the St Louis brand still persists,” he said.

The two-day conference and exhibition that brought together experts and stakeholders from different states of the country was themed ‘Re-positioning rice, sugar and dairy production for optimal yield’.

 

 

freelanews
Freelanews

Freelanews is the editorial byline of Freelanews.com, used for staff reports, news updates, press releases, and collaborative stories produced by the Freelanews Editorial Team.

Related Posts

Gihan scaled
General

Police commence investigation into VGC residents association chairman’s mysterious death

by Freelanews
April 27, 2024
images 14
General

Nigeria, China extend $2 billion currency swap deal 

by Reni
December 28, 2024
Senate President Bukola Saraki
General

You crossed the line, Saraki barks at governor for revoking his family land

by Freelanews
December 28, 2019
IMG 20230714 WA0013
General

Sanwo-Olu returns Gbadegesin as LAWMA Chief Executive

by Freelanews
July 14, 2023
A Nigerian Woman Twitter
General

‘I can still perceive burnt hair’ Lady narrates how she escaped from gas explosion after she screamed Blood of Jesus

by Freelanews
April 20, 2022

Leave a ReplyCancel reply

Tiktok Community

You're not logged into Tiktok, please login here
UBA bank ad UBA bank ad UBA bank ad

Recent News

FAAN

FAAN taxi reform sparks fresh tension among airport cab drivers

July 15, 2026
Gbenga Daniel

Gbenga Daniel chairs COREN engineering assembly panel champions innovation, infrastructure

July 15, 2026
Tinubu

Tinubu Celebrates Babatunde Ogala at 65

July 15, 2026
UK

UK Coroner rules Nigerian care worker Beatrice Solomon died by suicide

July 15, 2026
  • Trending
  • Comments
  • Latest
N250k signature

Abiodun vs Amosun: N250k signature plot deepens Ogun political crisis ahead Tinubu visit

April 3, 2026
Omoge Saida

Omoge Saida sparks Nigerian social media over leaked video

October 28, 2025
james akaie

Nollywood SFX makeup artist James Akaie allegedly dies after explosion on Abeokuta movie set

January 13, 2026
Political persecution in Ogun State

Political persecution in Ogun State: Abiodun moves against Otunba Gbenga Daniel with demolition threats again

August 9, 2025
amoke

‘Meals by Amoke’ We serve traditional dishes in a modern way, Bukoye Fasola reveals

19
Image 2024 03 26 at 120645 AM jpeg

Charles Inojie, Ali Nuhu call on communities to #MakeWeHalla against domestic violence

11
Meran Primary Health Centre Lagos father Meran hospital

Lagos father shares heartbreaking experience at Meran Primary Health Centre (Photos)

4
fls2

‘Disarticulated system’ Gov’t confused about Nigerian education, expert laments

3
FAAN

FAAN taxi reform sparks fresh tension among airport cab drivers

July 15, 2026
Gbenga Daniel

Gbenga Daniel chairs COREN engineering assembly panel champions innovation, infrastructure

July 15, 2026
Tinubu

Tinubu Celebrates Babatunde Ogala at 65

July 15, 2026
UK

UK Coroner rules Nigerian care worker Beatrice Solomon died by suicide

July 15, 2026
ADVERTISEMENT
July 2026
SMTWTFS
 1234
567891011
12131415161718
19202122232425
262728293031 
« Jun    
Freelanews

Freelanews is a Nigerian digital news platform that delivers timely, credible, and engaging stories across politics, business, entertainment, lifestyle, and the creative industry, with a strong focus on promoting innovation, integrity, and inclusivity in storytelling.

Today’s Popular

  • NURTW

    Tragic Death: NURTW leader Toba Ajiboye killed in Lagos

    0 shares
    Share 0 Tweet 0
  • Police rescue Oyo headmaster after ₦30m ransom demand

    0 shares
    Share 0 Tweet 0
  • Presidency rebukes Makinde over UN probe call

    0 shares
    Share 0 Tweet 0
  • Pavel Prigozhin linked to expanding Africa crime network

    0 shares
    Share 0 Tweet 0

Just Published!

FAAN

FAAN taxi reform sparks fresh tension among airport cab drivers

July 15, 2026
Gbenga Daniel

Gbenga Daniel chairs COREN engineering assembly panel champions innovation, infrastructure

July 15, 2026
Tinubu

Tinubu Celebrates Babatunde Ogala at 65

July 15, 2026
UK

UK Coroner rules Nigerian care worker Beatrice Solomon died by suicide

July 15, 2026
Spain

Spain beat France 2-0 to reach World Cup final

July 15, 2026
No Result
View All Result
  • About Us
  • Contact
  • Cookie Policy
  • Editorial Charter
  • Corrections Policy
  • Advertisement

© 2025 Freelanews | by Iretura.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events

© 2025 Freelanews | by Iretura.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.