• About Us
    • Àtẹ́lẹwọ́ Podcast
  • Contact
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Sitemap
Freelanews
Advertisement
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
Freelanews
No Result
View All Result
Home News General

‘Getting tough?’ FG bans importation of refined sugar, derivatives from Free Trade Zones

Freelanews by Freelanews
April 25, 2021
in General
0 0
0
WhatsApp Image 2020 11 21 at 05.30.09

The Federal Government has prohibited the importation of refined sugar and its derivatives from the nation’s Free Trade Zones (FTZs), in a bid to protect the sugar industry, which is governed by the Nigerian Sugar Master Plan (NSMP).
The prohibition move, which came through a directive from the Minister, Ministry of Industry, Trade and Investment, was conveyed in a letter by the Nigerian Ports Authority (NPA), Lagos Port Complex, Apapa, Lagos, sent to the Terminal operators of the Lagos Port Complex (LPC), Apapa, Lagos.

The NPA letter dated 08 April, 2021, and titled ‘RE: Prohibition of Importation of Sugar from the Free Trade Zones into the Nigerian Customs Territory’, was signed by Mr. Buba Jubril for the Port Manager, Lagos Port Complex.

According to the letter, “We have for reference a letter from Honourable Minister of Industry, Trade and Investment ref: HMIT1/GEN/ CORR/008/ VOL. I/ dated 15th February, 2021 on the above subject.

“It has recently come to our notice that due to the recent location of a Sugar Refinery in a Free Trade Zone, Refined Sugar is being imported into the Nigerian Customs Territory under the concession granted to enterprises in the Free Trade Zones to export 100% of their output to the Nigerian Customs Territory, and this is real potential threat to the goals of the Nigerian Sugar Master Plan (NSMP).

“The Nigeria Sugar Industry is governed by the Nigerian Sugar Master Plan (NSMP). The NSMP provides a framework for motivating investment in the local production of Refined Sugar by securing the Nigerian Sugar market for investors in the Backward Integration Program (BIP). It does this by providing import sugar allocations for Raw Sugar to recognised investors based on the performance on the BIP and guided recognition of their installed refining capacity.

perfect aesthetic dental clinic perfect aesthetic dental clinic perfect aesthetic dental clinic

“Your Terminal is hereby informed by this letter that, in order to protect our national interest and ensure the returns in the Federal Government’s investment in the NSMP are realised, and in line with extant laws and regulations of the Federal Government of Nigeria, importation of Refined Sugar and all other sugar derivatives from the Free Trade Zones into the Nigerian Customs Territory are here prohibited by the Honourable Minister, Ministry of Industry, Trade and Investment,” the NPA letter stated.

It added that, “In view of the above, your terminals are by this letter directed to ensure strict compliance with this directive. Please accept as always the assurances of our esteemed regards.”

freelanews
Freelanews

Freelanews is a potpourri of news, entertainment, business, events and photos. This is no fake news.

Related Posts

covid 19
General

‘COVID-19’ Man City stars test positive (Photo)

by Freelanews
September 7, 2020
6ca07d738fb2dfb3d0ad81b867f16ec08e0234c1
General

‘GOTEL sacked 46’ Another Atiku’s establishment sacks 400 workers

by Freelanews
May 5, 2020
WhatsApp Image 2021 03 13 at 5.53.39 PM
General

‘Welcome home’ Dr Ngozi Okonjo-Iweala makes first visit to Nigeria as WTO boss

by Freelanews
March 13, 2021
Lagos
General

Breaking: Obasa to speak again as Lagos 10th assembly commences

by Rtn. Victor Ojelabi
June 2, 2023
My social media has been stagnant since I left Mark Angel Comedy – Denilson Igwe
General

My social media has been stagnant since I left Mark Angel Comedy – Denilson Igwe

by Quadri Olaitan
August 1, 2024

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

ADVERTISEMENT

Recent News

dollar liquid 1024x512 2

Nigeria Records Massive $10.37bn Q1 Capital Inflow Surge

June 3, 2026
Yinka Alaseyori

Yinka Alaseyori issues emotional apology over Oyo abductions

June 3, 2026
Jigawa

Jigawa ADC primary faces petition over alleged irregularities

June 3, 2026
Onuachu

Onuachu makes bold Super Eagles claim ahead of international friendlies

June 3, 2026
  • Trending
  • Comments
  • Latest
N250k signature

Abiodun vs Amosun: N250k signature plot deepens Ogun political crisis ahead Tinubu visit

April 3, 2026
Omoge Saida

Omoge Saida sparks Nigerian social media over leaked video

October 28, 2025
james akaie

Nollywood SFX makeup artist James Akaie allegedly dies after explosion on Abeokuta movie set

January 13, 2026
Political persecution in Ogun State

Political persecution in Ogun State: Abiodun moves against Otunba Gbenga Daniel with demolition threats again

August 9, 2025
amoke

‘Meals by Amoke’ We serve traditional dishes in a modern way, Bukoye Fasola reveals

19
Image 2024 03 26 at 120645 AM jpeg

Charles Inojie, Ali Nuhu call on communities to #MakeWeHalla against domestic violence

11
Meran Primary Health Centre Lagos father Meran hospital

Lagos father shares heartbreaking experience at Meran Primary Health Centre (Photos)

4
fls2

‘Disarticulated system’ Gov’t confused about Nigerian education, expert laments

3
dollar liquid 1024x512 2

Nigeria Records Massive $10.37bn Q1 Capital Inflow Surge

June 3, 2026
Yinka Alaseyori

Yinka Alaseyori issues emotional apology over Oyo abductions

June 3, 2026
Jigawa

Jigawa ADC primary faces petition over alleged irregularities

June 3, 2026
Onuachu

Onuachu makes bold Super Eagles claim ahead of international friendlies

June 3, 2026
June 2026
SMTWTFS
 123456
78910111213
14151617181920
21222324252627
282930 
« May    
Freelanews

Freelanews is a Nigerian digital news platform that delivers timely, credible, and engaging stories across politics, business, entertainment, lifestyle, and the creative industry, with a strong focus on promoting innovation, integrity, and inclusivity in storytelling.

Today’s Popular

  • Adelabu

    BREAKING NEWS: Gunmen kidnap Adelabu’s sister, twin children in Ibadan (Video)

    0 shares
    Share 0 Tweet 0
  • Islamic Cleric condemns radical Islamic teachings, cultural erasure in Yorubaland

    0 shares
    Share 0 Tweet 0
  • Kwara Palace source alleges police fled terror attack

    0 shares
    Share 0 Tweet 0
  • Akpabio seeks relief for senators who lost primaries

    0 shares
    Share 0 Tweet 0

Just Published!

dollar liquid 1024x512 2

Nigeria Records Massive $10.37bn Q1 Capital Inflow Surge

June 3, 2026
Yinka Alaseyori

Yinka Alaseyori issues emotional apology over Oyo abductions

June 3, 2026
Jigawa

Jigawa ADC primary faces petition over alleged irregularities

June 3, 2026
Onuachu

Onuachu makes bold Super Eagles claim ahead of international friendlies

June 3, 2026
ISWAP

ISWAP fighter makes positive surrender to troops in Borno

June 3, 2026
No Result
View All Result
  • About Us
  • Contact
  • Advertisement
  • Sitemap

© 2025 Freelanews | by Iretura.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events

© 2025 Freelanews | by Iretura.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.