Sugar Sector can Create Jobs in Hundreds of Thousands, Save Nigeria Billions of Dollars - NSDC Boss The Executive Secretary, National Sugar Development Council (NSDC), Mr Kamar Bakrin, has said the nation's sugar sector has the potential to create hundreds of thousands of jobs for...

Nigeria Imports $11bn Worth Of Sugar, Pharmaceuticals, Plastics   Sugar, pharmaceuticals and plastics worth $10.98bn were imported into Nigeria between 2020 and 2021, according to data from the International Trade Centre. Within the time under review, the nation spent $1.82bn on sugar products, $4.21bn on pharmaceutical products,...

Flour Mills Attack BUA Over Alleged Sugar Sale Suspension -Dangote Dangote Gains As BUA Owner, Abdulsamad Loses N12.47bn Amid Sugar Price Allegation. The cold war between Dangote Sugar Refinery Plc, Flour Mills of Nigeria Plc and BUA Foods Plc has continued to fester to the point...

In 7 Years, Sugar Sector Gets N200bn Investments - NSDC   The National Sugar Development Council (NSDC) has said N200 billion investments have been made in the sugar sector on the Backward Integration Programme (BIP) in the last seven years. The programme, a 10-year blueprint designed for...

Sugar Backward Integration’ll Save Nigeria $700m Annually – Dangote       Dangote Sugar Refinery Plc has said Nigeria will save up to $700m of foreign exchange yearly from sugar production self-sufficiency if the government faithfully follows through the backward integration policy in the sugar industry. The Chairman of...

CBN To Place Wheat, Sugar On Forex Restriction List     The Central Bank of Nigeria (CBN) is working to include sugar and wheat on the list of commodities that will be banned accessing foreign exchange (FX). CBN Governor Godwin Emefiele made this disclosure on Thursday in Awe,...