The returning of normalcy post-covid has increased the demand for sugar in the domestic market in Nigeria.
As per the information shared by the Nigerian Ports Authority, the country has imported 239,750 metric tonnes of sugar in the last 45 days. The breakdown of figures indicates that the country imported 147,250 metric tonnes of sugar in September and 92,500 metric tonnes in October.
Sugar ranked third in term of import in the country. The other two are wheat and petroleum products.
According to the media reports, the import of sugar is likely to increase further as the norms of lockdown are relaxed and the business activities speed up including the confectionary and other industries that need sugar as one of the important ingredients.
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