Nigeria: Our target is to end sugar import and earn from exports, according to Zacch Adedeji

게시됨 2021년 7월 26일

Tridge 요약

The National Sugar Development Council (NSDC) of Nigeria is implementing the Sugar Master Plan with the goal of ceasing sugar imports and promoting exports through the Backward Integration Programme (BIP). The plan has already stopped the importation of refined sugar, creating a local production capacity that doubles the country's previous capacity. The NSDC is now concentrating on the BIP and addressing challenges such as land availability, community hostility, financing, and infrastructure. The Central Bank of Nigeria (CBN) has restricted sugar importation to a few companies, in line with the Master Plan, to encourage local sugar production.
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원본 콘텐츠

Mr Zacch Adedeji is the Executive Secretary of the National Sugar Development Council (NSDC). In this interview, he said the target of Nigeria's Sugar Master Plan is to end sugar importation and earn Foreign Exchange (forex) with sugar exports through Backward Integration Programme (BIP). What is your assessment of the sugar industry in Nigeria? One of the greatest assets we have at the NSDC today is the Master Plan put in place by the agency. The Agency has succeeded in stopping the importation of refined sugar. The country was spending heavily on the importation of refined sugar hitherto to meet its consumption, which has now grown to 1.7 million metric tonnes. Through the instrumentality of the plan put in place by the agency, Nigeria now has a combined local production capacity that is about twice that. The NSDC, thereafter, selected those who can achieve BIP to add value to the raw sugar being brought in. This has led to the creation of hundreds of thousands of jobs for ...
출처: All Africa

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