Connect with us

National News

Nigeria to Leverage Chinese Technology to Boost Sugar Productio

Published

on

Nigeria to Leverage Chinese Technology to Boost Sugar Production

By: Michael Mike

Nigeria is planning to leverage Chinese technology and expertise to boost the nation’s sugar production.

The plan was disclosed on Wednesday by the Director-General of the Nigeria-China Strategic Partnership (NCSP), Joseph Tegbe while paying host to a delegation of the National Sugar Development Council (NSDC) led by the Executive Secretary, Mr Kamar Bakrin.

The working visit focused on fostering collaboration between the two organisations and exploring opportunities for partnerships to transform the Nigerian Sugar sector through Nigeria-China Collaboration.

While receiving the delegation, the DG NCSP noted the huge potentials of the Nigerian Sugar sector and lauded the commitment of the management of the NSDC led by Mr Bakrin, he added that the goal of the collaboration is to leverage Chinese technology and expertise to boost Nigeria’s sugar production, meeting both local demand and the requirements of target global market.

China, a significant player in the global sugar market, currently import an estimated 5 million metric tonnes of sugar annually, valued at $10 billion in addition to its domestic production of 10.5 million metric tonnes.

The local sugar market, valued at $2 billion annually, is projected to benefit from a transformed sugar sector. In addition, the country could potentially acquire a substantial share of the global market, where sugar imports by China is currently valued at $10billion.

A statement on Wednesday said the NSDC aims to position the Nigerian sugar sector as a beneficiary of the comprehensive strategic partnership between Nigeria and China. This will involve the deployment of modern technology, conversion of by-products, training of farmers on modern skills, and technology transfer, as well as access to low-interest financing to fund the development of new sugar production estates and ventures.

It said as Nigeria seeks to boost its sugar production, this collaboration is expected to play a crucial role in achieving this goal, which is part of the second phase of the Nigeria Sugar Master Plan (NSMP). This initiative aligns with President Bola Ahmed Tinubu’s Renewed Hope agenda, which prioritizes economic growth and development.

The statement added that NCSP, led by Joseph Tegbe, is committed to deepening the partnership between Nigeria and China, and this collaboration with the NSDC marks a significant step in this direction.

The delegation of the NSDC included Ms Edirin Akemu, Head of NSDC’s Strategy and Performance Management department, and Mr Teslim Bello, Head of Executive Secretary Office Department.

Nigeria to Leverage Chinese Technology to Boost Sugar Production

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

National News

Nigeria@65: FG’s programmes improving welfare of Nigerians- NOA

Published

on

Nigeria@65: FG’s programmes improving welfare of Nigerians- NOA

The National Orientation Agency (NOA), on Wednesday said that the Federal Government’s programmes and policies under President Bola Tinubu-led administration were improving the welfare of Nigerians.

Mrs Adaline Patari, the State Director of NOA, Gombe State office, stated this shortly after a road show to mark Nigeria’s 65th Independence Day anniversary in Gombe.

Patari said that programmes and policies of Tinubu-led administration had supported many Nigerians from the student’s loan to conditional cash transfer to support to small businesses amongst others.

She stated that the initiatives by the present administration had restored hope and put the country amongst serious countries pursuing better reforms to improve their economy while revamping infrastructure.

According to her, many undergraduates benefitting from the student’s loan scheme which has removed all financial hindrances impeding access to tertiary education now feel a sense of belonging.

She said that the programmes and policies of the Federal Government have benefitted many households and improved their welfare in line with the Renewed Hope Agenda of President Tinubu.

“The reforms of the Federal Government are working and many persons are proud to be Nigerians and more persons are now trying to do the right things as Nigerians.

“People are beginning to see themselves as proud Nigerians and that confidence of being a Nigerian is being restored.

“Today, many Nigerians are benefitting from the programmes of the current administration, this means that the country is now working for them,” she said.

While acknowledging that there were still challenges that needed to be addressed, Patari said, at 65, we have made tremendous progress especially working together in peace and unity.

She urged Nigerians to continue to support Tinubu administration’s programmes towards building a better country that works for all Nigerians.

The state director said that with the necessary reforms being carried out and already yielding results in the economic, agriculture, security and other sectors, more Nigerians would be prouder to be Nigerians in the future.

“Today, the country is progressing and we are united; we are now prouder to be Nigerians and I can tell you that the labour of our heroes past, indeed is never in vain,” she added.

Commending the contributions of youths to national development, Patari urged them to have a positive mind-set towards Nigeria and to always express optimism of a better Nigeria for everyone.

Patari also lauded the renewed strength with which NOA under the Director General of the agency, Malam Lanre Issa-Onilu was being driven.

She said that government’s policies and programmes were getting more supports from Nigerians because of the constant engagements of Nigerians by the NOA nationwide.

The event also featured sensitisation of residents on Federal Government’s policies, programmes and the need for the people to support the current administration’s Renewed Hope Agenda

Nigeria@65: FG’s programmes improving welfare of Nigerians- NOA

Continue Reading

National News

Nigeria, European Union hold inaugural Trade and Investment Dialogue

Published

on

Nigeria, European Union hold inaugural Trade and Investment Dialogue

By: Michael Mike

Senior Government officials of the Federal Republic of Nigeria and the European Union (EU) have today met in Abuja to assess the vibrant economic partnership between the two parties and chart a way forward.

The inaugural Nigeria-EU Senior Officials Trade and investment Dialogue (TID) was anchored by the Permanent Secretary, Federal Ministry of Industry, Trade and Investment (FMITI), Ambassador Nura Abba Rimi, and Director of the European Commission’s Directorate-General for Trade and Economic Security (DG TRADE), Ms Dora Correia,

The Minister of Industry, Trade and Investments, Dr. Jumoke Oduwole, and the EU Ambassador to Nigeria and ECOWAS, Gautier Mignot,, welcomed the launch of the Dialogue, which they said underscored the growing importance attached to trade and investment in the EU-Nigeria partnership.

This Senior Officials’ meeting marks an important step in strengthening the trade and investment partnership between the EU and Nigeria, and provided opportunity for the officials to exchange views on areas of mutual interest; address potential challenges and explore opportunities for further collaboration.

Discussions focused on a range of issues, including trade and investment policy, cooperation on market access barriers and requirements, preferential trade and investment arrangements, investment, collaboration within the World Trade Organization (WTO), regulatory measures that could impact trade and investment, and the identification of trade and investment-related development cooperation areas.

Both sides expressed their interest to continue the Dialogue, with the second TID billed to take place in Brussels, Belgium, in 2026, on a date to be jointly decided.

Nigeria, European Union hold inaugural Trade and Investment Dialogue

Continue Reading

National News

FG Declares Wednesday, Oct. 1 Public Holiday to Marks 65th Independence Anniversary

Published

on

FG Declares Wednesday, Oct. 1 Public Holiday to Marks 65th Independence Anniversary

By: Michael Mike

The Federal Government has declared Wednesday, 1st of October as a public holiday to commemorate Nigeria’s 65th Independence Anniversary.

The Honourable Minister of Interior, Hon. Olubunmi Tunji-Ojo, who made the declaration on behalf of the Federal Government, congratulated all Nigerians both at home and in the diaspora on this historic occasion.

Tunji-Ojo, in a statement by the Permanent Secretary, Ministry of Interior, Dr. Magdalene Ajani, enjoined citizens to continue to uphold the patriotic spirit, unity, and resilience that have sustained the nation since independence in 1960.

He urged Nigerians to further keep faith in the Renewed Hope Agenda of President Bola Tinubu, which is anchored on national rebirth, economic transformation, and collective prosperity.

The Minister expressed confidence that, with the cooperation of all Nigerians, the country will continue to grow stronger in peace, progress, and development.

He wished Nigerians a happy and memorable 2025 Independence Day celebration.

FG Declares Wednesday, Oct. 1 Public Holiday to Marks 65th Independence Anniversary

Continue Reading

Trending

Verified by MonsterInsights