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Wheat, Sugar Lead Import For January, 2021

Wheat, Sugar Lead Import For January, 2021         There are indications that the confectionary industry will experience a boom in the first quarter of 2021 as wheat, the major condiment for bread and other confectionaries, is leading the import chart with a total of 178,358 metric...

Concerns Rise Over Yearly Importation Of 700,000mt Of Sugar Into Nigeria

Concerns Rise Over Yearly Importation Of 700,000mt Of Sugar Into Nigeria   The Federal Government has raised concern over the annual importation of about 700,000 metric tonnes (MT) of sugar into the country despite the abundance of the resource locally. The Minister Trade and Investment, Adeniyi Adebayo,...

Sugar Import: FG Seeks To Reduce N183bn Bill

Sugar Import: FG Seeks To Reduce N183bn Bill The Federal Government is seeking more private sector investments in the sugar industry to reduce the huge amount being spent by Nigerians on the importation of the product. The Executive Secretary, National Sugar Development Council, Dr Latif Busari,...

Nigeria Attracts N157bn Sugar Investments In 5 Years

Nigeria Attracts N157bn Sugar Investments In 5 Years   Nigeria has attracted N157 billion worth of investment in the five years of the first phase of the National Sugar Master Plan, which was designed to increase local sugar production with a view to attain self sufficiency...

Dangote Sugar Justifies Investors’ Confidence

Dangote Sugar Justifies Investors’ Confidence     The impressive results and higher dividend recommended by Dangote Sugar Refinery Plc for 2017 have compensated shareholders who increased their demand for the company’s stocks last year, writes Goddy Egene When the shares of Dangote Sugar Refinery (DSR) Plc recorded the...