Federal Executive Council Approves Extension Of Second Phase Of National Sugar Master Plan
Written by Olarotimi Oshin on September 28, 2022
The Federal Executive Council meeting presided over by President Muhammadu Buhari today, approved the second phase of the National Sugar Master Plan, extending it by an additional ten years.
Minister of Industry, Trade and Investment, Niyi Adebayo disclosed this while interacting with the media, where he noted that the first phase which was inaugurated in 2012 expires by 2023.
While stating that investment in the national sugar policy is aimed at stimulating self-sufficiency in the commodity, Adebayo said no fewer than fifteen thousand jobs have been created through key players in the industry.
The Minister listed Dangote, BUA, and the Golden Sugar mills among key stakeholders jointly owning about two hundred thousand hectares of sugarcane plantation in the country.
Uploaded By: FAVOUR ADEBOYE