The federal government has revealed its plan to be the largest producer of sugar on the African continent in the next ten years and generate electricity from ethanol.
Adedeji said: “The Nigerian Sugar Master Plan , a 10-year road map policy that seeks to meaningfully revitalise the once vibrant sugar sub-sector and make Nigeria one of the leading sugar-producing nations within the continent, was first initiated in 2012.
“It is a known fact that the nation’s sugar sector has witnessed some significant reforms in the last 10 years. The sector is now well regulated, roles of stakeholders are clearly defined, formulation of enabling laws and policies to aid growth and heavy reliance on modern technology to drive the process.”
He noted that with the federal government’s approval of the commencement of phase two of the NSMP, with actual implementation to begin this year through 2033, there is going to be turnaround in the fortune of the country which would lead it to the summit of sugar production on the continent and creating massive employment for the citizens and generating electricity through sugar for the populace.
In Abuja (AMAC) power is getting worst than ever, you spend 24 hrs of blackout for a week. aedcelectricity
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