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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, says henceforth, sugar quota allocation of any sugar firm will be based on…

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

Adedeji stated this over the weekend during separate tour of sugar refining sites in Lagos operated by BUA, Flour Mills and Dangote Sugar

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

The meeting also reviewed the progress so far made in the Backward Integration Programme and how challenges facing operators in the sector can be addressed.

Speaking at the event, Adedeji said the government will take the implementation of the sugar master plan seriously as the council commences the second phase next year.

According to him, “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 onto.

“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.”

The NSDC boss also added that the Council remained fully committed to making the sugar sector environment more business-friendly and transparent in its engagement with existing and prospective investors through policy formulation and technical support.

He said some sugar firms are yet to reach their quota, adding that the government will be able to achieve more if these companies can partner with landowners to grow sugar cane.