Despite restriction, six vessels have arrived Lagos Port Complex’s terminals with 286,040 tonnes of sugar valued at N66.8 billion ($133.6 million).
The Federal Government had targeted 800,000 tonnes of raw sugar production by 2022, but currently has not met five per cent of the target at a time the demand by the food and drink manufacturing and retail markets is on the increase.
At Apapa Bulk Limited Terminal Limited (ABTL), Desert Grace and Desert Harrier came with 52,800 tonnes and 52,800 tonnes respectively, as current price of sugar stands at $467 per tonne…
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News Archive from before July 2018