Skip to content
August 17, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • Business & Economy
  • No sugar price increase during Ramadan – sugar refineries 
  • Business & Economy

No sugar price increase during Ramadan – sugar refineries 

Admin January 10, 2024

In a commendable alignment with the Federal Government’s agenda for food security and economic stability, major sugar refineries across the nation have pledged to not increase sugar prices during the Ramadan.

This decision resonates strongly with the objectives of President Bola Ahmed Tinubu’s 8-Point Agenda and was highlighted during the recent tour by Dr. Doris Uzoka-Anite, MD, CFA, the Honorable Minister of the Federal Ministry of Industry, Trade, and Investment.

During her visits to leading sugar producers such as Dangote Sugar Refinery Plc, BUA Sugar Refinery Ltd, Flour Mills Limited, Bestaf Ltd, Golden Sugar Company, and the Coca Cola Hellenic Bottling Company (CHBN), Dr. Uzoka-Anite observed a steadfast commitment to maintaining price stability. “Rest assured, there will be no increase in sugar prices, especially during Ramadan,” the Minister affirmed, reflecting the refineries’ dedication to supporting the nation during this significant period.

The sugar refineries’ pledge is a clear demonstration of their alignment with the government’s efforts to bolster the agricultural sector and food security, key components of President Tinubu’s transformative agenda. “I have witnessed their dedication to high-quality sugar production. While commendable, our collective goal demands a higher standard,” stated Dr. Uzoka-Anite, acknowledging the industry’s efforts while emphasizing the need for continued excellence and efficiency in production.

Addressing performance concerns during her visit to Golden Sugar Company, the Minister stressed that subpar performance in the sugar master plan would not be acceptable. This statement underscores the refineries’ commitment to not only maintaining prices during Ramadan but also to enhancing overall productivity and efficiency in line with the government’s vision.

The sugar industry’s commitment to price stability during Ramadan exemplifies a synergistic relationship between the government and the private sector, working hand in hand to achieve common goals. This pledge by the sugar refineries, supported by the Federal Government’s resolve, is a reassuring step towards national development.
visit served as a strategic platform for the Minister to communicate the government’s unwavering stance on elevating performance standards within the sugar industry, harmonizing with the strategic goals embedded in President Tinubu’s 8-Point Agenda.

 

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: BUA Sugar Refinery Dangote Sugar Doris Uzoka-Anite Price Ramadan Sugar refineries

Post navigation

Previous Tinubu’s big stick as sign of what to come, by Abdulaziz Abdulaziz
Next NNPC Ltd. allocates four February crude oil cargoes to Dangote

Related Stories

West Africa cocoa sector struggles to meet EU anti-deforestation rules, raising supply concerns
  • Business & Economy

West Africa cocoa sector struggles to meet EU anti-deforestation rules, raising supply concerns

August 17, 2026
Oil climbs over $1 on tanker attacks, no progress on peace reserves crude oil
  • Business & Economy

Oil climbs over $1 on tanker attacks, no progress on peace

August 14, 2026
NUPRC Proposes Domestic Crude & Gas Swap to Boost Supply, Cut Costs PIA
  • Business & Economy

NUPRC Proposes Domestic Crude & Gas Swap to Boost Supply, Cut Costs

August 14, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

Charity boat rescues 50 migrants off Libya, seven found dead federal government
  • International News

Charity boat rescues 50 migrants off Libya, seven found dead

August 17, 2026
LASG warns against illegal use of dealer number plates   prevention guild
  • National News

LASG warns against illegal use of dealer number plates  

August 17, 2026
Teenager Arrested in Kebbi State for Abducting Newborn Baby to Deceive Husband Police
  • Crime and Justice

Teenager Arrested in Kebbi State for Abducting Newborn Baby to Deceive Husband

August 17, 2026
Groundbreaking ‘Sundiata Post Model’ Concludes, Proposing New Lexicon for 21st-Century Journalism
  • Commentaries

Groundbreaking ‘Sundiata Post Model’ Concludes, Proposing New Lexicon for 21st-Century Journalism

August 17, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.