How Nigeria can earn $700m yearly from sugar investment

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The Dangote Sugar Refinery has urged the federal government to strictly implement the Backward Integration Policy (BIP) in the sugar industry as the nation can earn $700 million yearly from local production.

Dangote said, “If the National Sugar Master Plan is followed strictly and the players all follow the rules, the country will be better for it as Nigeria will save between $600m and $700m annually as forex.”

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 /  🏆 13. in ZA
 

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So He can sell a Pack of Sugar for 5k😲

Thief monopolistic brand

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