Beverage industry needs own sugar import orders – solon

  • 📰 inquirerdotnet
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 86%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

The beverage industry should have its separate sugar importation orders so as not to affect the price in the local market, San Jose del Monte Rep. Florida Robes said in a statement. | JEMendozaINQ

Robes is the chair of the House Committee on Good Government and Public Accountability and the Committee on Agriculture and Food.She noted that imported refined sugar for the beverage industry accounts for more than 50 percent of the country’s consumption.

“Since the beverage industry is consuming more sugar, it is also contributing to the consolidated demand for the country, hence the high cost of sugar in the retail market. Under the proposed scheme, the SRA will be mandated to issue separate importation orders for the beverage industry and for local consumers so that these will not affect inflation,” Robes said, referring to the Sugar Regulatory Administration.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines