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Companies to get sugar allocation based on performance – Adedeji

The Executive Secretary of the National Sugar Development Council, Mr Zacch Adedeji, has said henceforth, sugar quota allocation of any sugar firm will be based…

The Executive Secretary of the National Sugar Development Council, Mr Zacch Adedeji, has said henceforth, sugar quota allocation of any sugar firm will be based on their performance under the Backward Integration Programme of the National Sugar Masterplan.

He stated this recently during separate tours of sugar refining sites in Lagos operated by BUA, Flour Mills and Dangote Sugar.

During the tour, the NSDC boss met top officials of the three companies where discussions centred around the progress so far made in the implementation of the first phase of the sugar Masterplan, and expectations of government for the sugar sector as the second phase of the programme commences in 2023.

Speaking at the event, Adedeji said “the approval for raw sugar quota allocations to refineries would be strictly based on their commitment to the Backward Integration Programme which they have signed.

“Therefore, subsequent quota allocation will no longer depend on the size of refining capacity, but the extent to which operators have complied with the BIP policy.

“The BIP policy seeks to, among other things, limit importation of the commodity as well as create millions of jobs for Nigerians,” he explained.