Tinubu’s Reforms Make Nigeria’s Sugar Self-Sufficiency Achievable, Says NSDC Boss, Kamar Bakrin.
Kamar Bakrin, has said President Bola Tinubu’s macroeconomic reforms have made local sugar Sunday Ehigiator The Executive Secretary and Chief Executive Officer of the National Sugar Development Council (NSDC), Mr.
Bakrin, who spoke at the 32nd Nigerian Economic Summit (NESG #32) during a panel session on ‘Strengthening Policy Coordination for the Non-alcoholic Drink Sector Competitiveness’, said the reforms had brought greater stability to the economy, adding that the next priority was to translate that stability into economic growth that benefits ordinary Nigerians.
He identified job creation, particularly for young people, rural livelihoods, security, foreign exchange pressures, food security and the cost of living as pressing national priorities, noting that the sugar value chain could contribute to addressing several of these challenges simultaneously.
“Our most pressing priorities are well known: jobs, especially for young people; rural livelihoods; security, pressure on foreign exchange; food security; and the cost of living. “Every government must make choices among competing priorities. Our contribution as a Council is to make sure that, when those choices are made, the full economic picture of the sugar value chain is on the table. This is because very few sectors touch all of these priorities at once the way sugar does.” According to him, Nigeria’s sugar and beverage industries should be viewed as interconnected parts of a single value chain, from sugarcane cultivation to the production of bottled drinks.
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