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Private Sector Investments In Sugar Sector Hit N500bn — FG - Business (2) - Nairaland

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Re: Private Sector Investments In Sugar Sector Hit N500bn — FG by Idrismusty97(m): 9:52am On Oct 25, 2014
The Minister of Industry, Trade and Investment, Mr. Olusegun Aganga, who disclosed this at the 2014
Sugar Forum in Lokoja, Kogi State on Thursday,
noted that the investments cut across 11 states of
the federation – Oyo, Ondo, Ogun, Adamawa, Kogi,
Taraba, Jigawa, Kwara, Niger, Kebbi and Sokoto
states.
No single States from the South East? Why? Sugarcane no dey grow there ne? Things like this is what is boosting the GDP of all the other regions.
Re: Private Sector Investments In Sugar Sector Hit N500bn — FG by juman(m): 10:30am On Oct 25, 2014
DobleO7:

Explain your claims

The country is upside down.

More poverty and sufferness in the country. The government that is totally incapable of improving electricity. Infact his party should rather field a serious minded person as their presidential candidate.
Re: Private Sector Investments In Sugar Sector Hit N500bn — FG by Nobody: 11:56am On Oct 25, 2014
phantonce:
how does this add sugar to the life of ordinary nigerians undecided
if it has not added sugar to ur life doesn't mean it has not added sugar to someone else's life.
Re: Private Sector Investments In Sugar Sector Hit N500bn — FG by wanimo: 3:43pm On Oct 25, 2014
juman:
This is a government of a lot of talks but little to show.
u are a confirmed juuman!
Re: Private Sector Investments In Sugar Sector Hit N500bn — FG by nigerianvenom(m): 7:05pm On Oct 25, 2014
bushdoc9919:


It is not uhuru yet. We still consume a lot of imported sugar....and our ultimate goal should be export ability....ie the ability to export tonnes of the sugar outside the country...so that we can be known as a major sugar exporter

Our goal should be 20000 thousand tonnes of sugar exported per annum....so that we would be up there with the likes of Brazil and Thailand.

So, let's work harder at it.

u are right,hopefully we'll get there.u dont just give birth to a child and the child start walking without crawling.
its a good step in the right direction and we'll get it right
Re: Private Sector Investments In Sugar Sector Hit N500bn — FG by dogans: 1:00am On Oct 27, 2014
Hello,

First of all, I would like to clarify some information as a presenter of a local cube sugar manufacturing company.

StLouis Sugar Cubes are made in France and imported to African countries for more than 42 years.
StLouis is a French company which was not long time ago bought by a German sugar giant; Sudzucker.
These companies does not have any manufacturing facilities in Nigeria and their products are still imported
and sold by their national distributor in Nigeria. During all this time, StLouis didn't change its design
and cube size like it was done in Europe long time ago.

Sugar ban in retail packages is a part of Sugar Master Plan and was supposed to be applied since January, 2013.
This ban is encouraging manufacturers of sugar to come and invest in Nigeria rather than exporting their products
while enjoying Nigeria as a market without creating any benefits for Nigerian society and economy.
Today, buying imported sugar products, we're supporting the agriculture sector, economy and society of another
Nation rather than Nigeria where our people are seeking for job.

If you would like to support local manufacturers of cube sugar, today there are 3 companies including our own:

1. Dogan's Sugar Limited - TM Dogan's Sugar Cubes (our company):
Located in Lagos, established in 2013 and started commercial production in February 2014.
As a manufacturing company, we have an installed capacity of production of 90,000 cartons of cube sugar
per month in our factory (4.5 Millions packs or 2,182,500 kg) which is %80 of all cube sugar consumption
of Nigeria per month. To get more information, you can visit our Facebook page: http://www.fb.com/dogansnigeria
or our web page: http://www.dogans.ng

2. McNichols Consolidated Plc - TM Family Sugar
Web Site: http://www.mcnicholsplc.com/products/sugars/

3. Golden Sugar Company - TM Golden Penny Sugar
Web Site: http://www.fmnplc.com/goldensugar/

Currently, only these three companies are producing cube sugar locally. Please support local manufacturers
to support our society and economy. It is obvious that when the local manufacturing sector will be developed,
unemployment will be decreased, education level will be increased, society will be more happy and peaceful.
By God's Grace and nation support, Nigeria will become an exporting country rather than importing.

Thank you very much,

Tunde.

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