The Federal Government has prohibited the importation of refined sugar and its derivatives from the nation’s Free Trade Zones (FTZs). xThe 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). x“The Nigeria Sugar Industry is governed by the Nigerian Sugar Master Plan (NSMP). The NSMP provides a framework for motivating investment in the local production of Refined Sugar by securing the Nigerian Sugar market for investors in the Backward Integration Program (BIP).

Source: The Guardian April 26, 2021 09:49 UTC