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According to Mr Zacch Adedeji, Executive Secretary of the National Sugar Development Council, the council is taking steps to make Nigeria's sugar industry competitive on a worldwide scale.
She said the EU was open to holding high level talks with Nigerian authorities with a view to knowing specific priorities that benefit the citizenry.
x The government announced the ban in a directive from the Ministry of Industry, Trade and Investment to the Nigerian Ports Authority (NPA), Lagos Port Complex, Apapa, Lagos. NPA in a letter signed by Buba Jubril for the Port Manager, Lagos Port Complex said, the ban is to protect the sugar industry, which is governed by the Nigerian Sugar Master Plan (NSMP). “It has recently come to our notice that due to the recent location of a Sugar Refinery in a Free Trade Zone, Refined Sugar is being imported into the Nigerian Customs Territory under the concession ...
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Nigeria will no longer provide foreign currency for importers of sugar and wheat, the central bank said on Twitter on Friday, as the country tries to conserve national dollar reserves. Africa’s most populous country, and its biggest economy, relies on imports to feed its 200 million people. The central bank restricted access in 2015 to foreign exchange for 41 items it says can be produced locally, and has added to the list since then. “Sugar and wheat to go into our FX restriction list. We must work together to produce these items in Nigeria rather than import them,” the central bank sa...