Nigeria to earn $700m annually from sugar – Dangote :

Nigeria to earn $700m annually from sugar – Dangote


Dangote said that allowing for distortions in the sugar masterplan framework would adversely affect the target of the nation attaining self-sufficiency as projected.
He said the policy would not only reduce imports of raw sugar but save the nations enormous foreign exchange used for importation.
Expressing his delight with the BIP, Dangote, however, noted that if the Nigeria Sugar Master Plan was fully implemented and the players adhered strictly to the rules, Nigeria would save between $600 million and $700 million annually as foreign exchange.
“The backward integration policy of Dangote Sugar Refinery is recording appreciable progress and we will remain committed to the policy,” he said.

Related Keywords

Apapa , Lagos , Nigeria , Ravindra Singhvi , Savannah Sugar Company Ltd , Nigeria Sugar Master Plan , Dangote Sugar Refinery , Group Managing , Chief Executive Officer , லாகோஸ் , நைஜீரியா , ரவின்ற சிங்வி , சவன்னா சர்க்கரை நிறுவனம் லிமிடெட் , நைஜீரியா சர்க்கரை குரு திட்டம் , குழு நிர்வகித்தல் , தலைமை நிர்வாகி அதிகாரி ,

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