Nigeria's drive to reduce imports is gradually making impact as the National Sugar Development Council (NSDC) confirmed that importation of sugar dropped from 1.4 million tonnes to 800,000 tonnes in first quarter of 2013.A document signed by Dr Latif Busari , the Executive Secretary of NSDC on Friday, states that refined sugar imports also dipped from 1.88 per cent in 2012 to 0.67 per cent in 2013. The document states that total national demand for sugar rose from 1.5 million tonnes in 2012 to two million tonnes in 2013 but deficit was made up through local production spurred by the implementation of the National Sugar Master Plan (NSMP). The NSMP, which has a 10-year implementation period, aims to produce 1.79 million tonnes of sugar; 161.2 million litres of ethanol and 411.7 MW annually.
Most Popular Stories
- Dmytro Firtash, Ukrainian Billionaire, Arrested in Vienna
- Obama, Ukraine Discuss Russian Incursion in Crimea
- Ukraine Moves Closer to Joining E.U.
- Ukraine Loan Delayed While Congress Goes on Vacation
- Herbalife Puts Off Meeting for Icahn Talks
- Calumet Photo Files for Bankruptcy
- Navarro Celebrates 2 Years of Vida Mia
- Federal Gov't Deficit Continues to Decline
- Venezuela Death Toll Reaches 28
- Russia Holds Large Military Drills in South