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'Selection of Dangote, BUA, Flour Mills for Sugar Importation in Line with our Master Plan'


Following misconceptions over the Central Bank of Nigeria (CBN’s) selection of Dangote Sugar Refinery, BUA Sugar Refinery, and Golden Sugar Company, owned by Flour Mills of Nigeria Plc as the sole importers of sugar in the country, the Executive Secretary, National Sugar Development Council (NSDC), Mr. Zacch Adedeji last week spoke with a select team of journalists to clarify the CBN’s decision, which he said is also in the interest of smaller Sugar companies and the Nigerian consumers, Festus Akanbi was there
Recently the Central Bank of Nigeria (CBN) announced that sugar importation should be restricted to Dangote, BUA, and Golden Sugar. Many people feel this is empowering a few big players who can fix prices, What is your take? ....

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CBN's decision on Dangote, BUA, Flour Mills in line with our sugar master plan objectives —Adedeji, Executive Secretary, NSDC


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The Executive Secretary, National Sugar Development Council (NSDC) and former Commissioner for Finance in Oyo State, Mr Zacch Adedeji, speaks to journalists on the restriction of sugar importation permit to three big players in the industry, his vision for NSDC, effort being made at addressing constraints to the realisation of self-sufficiency in local sugar production, among others.
 
You were recently appointed Executive Secretary of the National Sugar Development Council (NSDC) by President Muhammadu Buhari, can you tell us about yourself, your career and the journey so far at the NSDC?
I am from Iwo Ate in Ogbomosho area of Oyo State.  I got my first degree in Accounting from the prestigious Obafemi Awolowo University (OAU), Ile Ife, where by the grace of God I attained First Class honours. I qualified as a Chartered Accountant of the Institute of Chartered Accountants of Nigeria (ICAN) and I later completed a Master’s degree in Accounting from OAU. M ....

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