…As the Trade Minister visits firms
In what seems to be a commendable alignment with the Federal Government’s agenda for food security and economic stability, major sugar refineries across the country are said to have pledged they would not increase sugar prices during Ramadan.
The decision aligns with the objectives of President Bola Ahmed Tinubu’s 8-Point Agenda and was highlighted during the recent tour by Doris Uzoka-Anite, minister of the Federal Ministry of Industry, Trade, and Investment.
During her visits to leading sugar producers such as Dangote Sugar Refinery Plc, BUA Sugar Refinery Ltd, Flour Mills Limited, Bestaf Ltd, Golden Sugar Company, and the Coca Cola Hellenic Bottling Company (CHBN), Uzoka-Anite observed a steadfast commitment to maintaining price stability.
“Rest assured, there will be no increase in sugar prices, especially during Ramadan,” the Minister affirmed, reflecting the refineries’ dedication to supporting the nation during this significant period.
The minister noted that the sugar refineries’ pledge was a demonstration of their alignment with the government’s efforts to bolster the agricultural sector and food security, key components of President Tinubu’s transformative agenda.
“I have witnessed their dedication to high-quality sugar production. While commendable, our collective goal demands a higher standard,” Uzoka-Anite said while acknowledging the industry’s efforts. She emphasized the need for continued excellence and efficiency in production.
Addressing performance concerns during her visit to Golden Sugar Company, the minister stressed that subpar performance in the sugar master plan would not be acceptable.
Her statement underscored the refineries’ commitment to not only maintaining prices during Ramadan but also to enhancing overall productivity and efficiency in line with the government’s vision.
According to her, the sugar industry’s commitment to price stability during Ramadan exemplifies a synergistic relationship between the government and the private sector, working hand in hand to achieve common goals.
The pledge by the sugar refineries, supported by the Federal Government’s resolve, is a reassuring step towards national development.
The minister’s visit served as a strategic platform for her to communicate the government’s unwavering stance on elevating performance standards within the sugar industry, harmonising with the strategic goals embedded in President Tinubu’s 8-Point Agenda.
