Nigeria is consuming 1.6 million metric tonnes of sugar yearly.
Industry, Trade and Investments Minister, Ikechukwu Enelamah, who made this known in Abuja, said about a half of the consumed sugar are imported into the country.
The minister explained that the national sugar masterplan intends to increase the production of the commodity locally over the next few years.
According to him, under the plan, about 200,000 metric tonnes of sugar will be produced locally over the next 10 years, until the country becomes self-sufficient in the commodity.
“Sugar processing is capital intensive and requires billions of naira to set up a sugar processing plant,’’ he said.