Investments: FG combating insecurity – MinisterBy Victoria Ojeme

Minister of Industry, Trade and Investment, Otunba Adeniyi Adebayo has charged the newly appointed executive secretary of the National sugar Development Council (NSDC), Zach Adedeji to work towards the realisation of the Federal Government goals in the sugar sector of the economy.

Speaking at the inauguration of Adedeji as the Chief Executive officer of the NSDC at the weekend, Adebayo said the Federal Government relied on him to work assiduously towards the realisation of the country’s self sufficiency in the sugar production.

He noted that the appointment of Adedeji was based on his performance in his former positions adding that the nation expected him to leave landmark achievements by the time he would be leaving office.

“You are therefore expected to discharge your duties in accordance with the rules and regulations as laid down in the Act establishing the council and other extant rules,”he said.

In his response the Executive Secretary, NSDC ZaCCH Adedeji  express appreciation to the Minister, Minister of State, the Permanent Secretary, the Director Industrial Development Department and the members of FMITI.

READ ALSO: Advertise during NPFL games or risk N100,000 fine — FG tells brands advertising on CNN

According to him, “Sugar is an important commodity in the global agricultural market, with an annual average production of 120.1 million tons, consumption of 118.1 million tons.

“Sugar is produced under a broad range of climatic conditions in some 120 countries and is one of the most heavily traded agricultural commodities. World sugar trade averages about 64mln tonnes/year and raw sugar accounts for around 60% of internationally traded volumes.

Subscribe to our youtube channel


Comments expressed here do not reflect the opinions of vanguard newspapers or any employee thereof.