National sugar master plan: FEC approves extension of second phase to 2033


The Federal Executive Council meeting presided over by President Muhammadu Buhari on Wednesday, approved the second phase of the National Sugar Master Plan, extending it by an additional 10 years.

Minister of Industry, Trade and Investment, Niyi Adebayo disclosed this while interacting with the media, where he revealed that the first phase which was inaugurated in 2012 expires by 2023, next year.

While adding that investment in the national sugar policy is aimed at stimulating self-sufficiency in the commodity, Adebayo said no fewer than 15,000 jobs have been created through key players in the industry.

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