date:Feb 16, 2013
The Government of Nigeria has banned imports of packaged sugar, granulated and in cubes, beginning January 2013. Nigerias Trade and Investment Minister, Dr Olusegun Aganga, said this was in line with the Nigerian Sugar Master Plan which aims at achieving self-sufficiency in the countrys sugar production by 2020.
Imports of machinery for local sugar refineries have recently been made tariff-free and investors in domestic sugar processing also get a five-year tax holiday.
Minister Aganga indicat