The
Group Managing Director, Dangote Sugar Refinery Plc, Mr. Graham Clark,
has commended the Federal Government on the new sugar master plan saying
it has the capacity to put Nigeria on the global sugar map.
Clark stated this on a courtesy visit to
the Minister of Industry, Trade and Investment, Mr. Olusegun Aganga,
and the Executive Secretary of the National Sugar Development Council,
Dr. Lateef Busari, in Abuja on Thursday.
The Federal Government had recently
approved a new sugar master plan for the country at a Federal Executive
Council meeting presided over by President Goodluck Jonathan.
The government had said that the 10-year
master plan would save the country $350m annually from foreign exchange,
and would create 37,378 permanent jobs adding that the country only
produces three per cent of local consumption while the rest is imported
at the cost of over N100bn.
Clark said he had a mandate to
establish a world class sugar business in the Dangote Group, and develop
a fully integrated world class sugar supply chain that would put the
country on the world sugar map.
According to him, the target is achievable given the strength of Dangote Group and government’s legislative support.
He said he was delighted to be part of the new Nigerian sugar sector redevelopment project.
Welcoming the Dangote Sugar team, Aganga
said the sugar master plan was an important initiative for the Federal
Government, as it would boost economic growth as well as enable the
sector to create an extended value chain.
He added that implementation of the master plan would create numerous employment opportunities.
The minister urged the Dangote Group to
remain focus on their approach to the success of the backward
integration project and ensure they employ the best hands to run the
affairs of their companies.
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