RateCaptain
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates
No Result
View All Result
Subscribe
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates
No Result
View All Result
RateCaptain
No Result
View All Result
Home

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
A A
0
Share on FacebookShare on TwitterShare on WhatsappShare on Telegram

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).

AlsoRead

Seplat Posts 74% Pre-Tax Profit Jump to N790bn, Declares Record US$0.12 Dividend

First HoldCo Approves 60% Dividend Payout Policy After Record Half-Year Profit Surge

NGX Loses N1.005 Trillion in Single Session as Two-Day Sell-Off Hits N1.65 Trillion

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.

Previous Post

Oil Drops to $65 as India’s COVID-19 Cases Surge

Next Post

Fiscal Losses From Nigeria’s FX Policies Are Unsustainable

Related News

Seplat Energy Nigeria Offers Internship Opportunity to Nigerian Undergraduate Students.

Seplat Posts 74% Pre-Tax Profit Jump to N790bn, Declares Record US$0.12 Dividend

by Victoria Attah
July 31, 2026
0

Seplat Energy Plc reported a 74.1% year-on-year rise in profit before tax to N790.4 billion for the six months ended...

 FBN Holdings Achieves N1 Trillion Market Cap Milestone

First HoldCo Approves 60% Dividend Payout Policy After Record Half-Year Profit Surge

by Victoria Attah
July 31, 2026
0

First HoldCo Plc has approved a new dividend policy committing the group to distribute at least 60% of its annual...

Nigerian Equity Market Sees Impressive N1.08tn Wealth Gain Amidst Bullish Trading.

NGX Loses N1.005 Trillion in Single Session as Two-Day Sell-Off Hits N1.65 Trillion

by Jide Omodele
July 31, 2026
0

The Nigerian equities market suffered another heavy blow on Thursday, July 30, 2026, shedding N1.005 trillion in market capitalisation and...

Fuel Subsidy Removal: Should Nigeria Continue With a Regressive Petrol Subsidy?

Petrol Climbs to N1,400 per Litre as Transport Fares Rise Across Nigeria

by Akpan Edidong
July 27, 2026
0

Petrol prices have surged to as high as N1,400 per litre in parts of Nigeria, prompting a fresh wave of...

Next Post

Fiscal Losses From Nigeria’s FX Policies Are Unsustainable

Leave a Reply Cancel reply

Your email address will not be published.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

Recommended

Seplat Energy revenue grows by 29.8% in 2022

Seplat Agrees to Sell 10% Stake in NNPC Joint Venture for $281.6 Million

July 31, 2026
Seplat Energy Nigeria Offers Internship Opportunity to Nigerian Undergraduate Students.

Seplat Posts 74% Pre-Tax Profit Jump to N790bn, Declares Record US$0.12 Dividend

July 31, 2026

Popular Story

  • Facebook Facing Series Of Accusations About Its Internal Working

    0 shares
    Share 0 Tweet 0
  • 31 Nigerian States Grapple with N2.57 Trillion Domestic Debt Amid No Foreign Inflows

    0 shares
    Share 0 Tweet 0
  • Seplat Posts 74% Pre-Tax Profit Jump to N790bn, Declares Record US$0.12 Dividend

    0 shares
    Share 0 Tweet 0
  • Cash Outside Banks Falls by N486 Billion to Seven-Month Low

    0 shares
    Share 0 Tweet 0
  • NGX Loses N1.005 Trillion in Single Session as Two-Day Sell-Off Hits N1.65 Trillion

    0 shares
    Share 0 Tweet 0

RateCaptain

We bring you the most accurate in new and market data. Check our landing page for details.

  • Home
  • About Us
  • Privacy Policy
  • Terms & Conditions
  • Disclaimer
  • Cookie Policy
  • Contact Us

Copyright © 2022 RateCaptain - All rights reserved by RateCaptain.

No Result
View All Result
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates

Copyright © 2022 RateCaptain - All rights reserved by RateCaptain.

RateCaptain
Manage Cookie Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
  • Manage options
  • Manage services
  • Manage {vendor_count} vendors
  • Read more about these purposes
View preferences
  • {title}
  • {title}
  • {title}
?>