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FG bans importation of refined sugar, its derivatives from Free Trade Zones

Rate Captain by Rate Captain
April 27, 2021
in Business
Reading Time: 1 min read
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The Federal Government has banned the importation of refined sugar and its derivatives from the country’s Free Trade Zones (FTZs).

The action of the Federal Government is part of its efforts to protect the sugar industry which is governed by the Nigerian Sugar Master Plan (NSMP).

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The ban is contained in a letter by the Nigerian Ports Authority (NPA), Lagos Port Complex, Apapa, Lagos to one of the terminal operators in the Lagos Port Complex as a result of a directive from the Federal Ministry of Industry, Trade and Investment.

According to a report from Thisday, the letter from NPA dated April 8, 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.

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