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THE RACE TO END SUGAR IMPORTATION
2016-03-09 09:30:49| Sugar Industry News
Similar to the backward integration programme that ended the importation of cement into the country, bulk importers of raw sugar were given a target to end the importation of this very essential commodity used by the food, beverages and pharmaceutical industries by 2020. In the first part of a series of in-depth investigations by THISDAY on the federal governments import substitution strategy aimed at reducing Nigerias over-reliance on imported goods, conserving foreign exchange and job creation, Crusoe Osagie, Hammed Shittu and Abiodun Ajala embarked on tours to Numan in Adamawa State and Lafiagi in Kwara State to assess the level of compliance with the Nigerian Sugar Master Plan by Dangote Group and Bua Group, two fierce competitors that have been at each others throats for market dominance in other sector where they operate. They also spoke to the Managing Director, Agro-Allied Division, Flour Mills of Nigeria Plc, Mr. Hugh Glyn Jones
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Category:Chemicals