The National Sugar Development Council, a Nigerian regulatory body in the sugar sub-sector has attributed the slow pace of growth in the year under review to the devastating impact of Corona Virus Pandemic to global economy. The NSDC Executive Secretary, Latif Busari made this known at an end of year media parley in Abuja. Represented by the Director, Policy, Planning and Strategy, Kolawole Hezekiah, the NSDC boss said apart from the excruciating effect of Covid-19, flood was also a major setback as it washed away most sugarcane farms, a by product for sugar production in the country. Mr. Busari attributed the limitation in actualising the National Sugar Development Master Plan to diverse reasons. He however, called on both foreign and local investors to seize the opportunity to invest in the capital intensive but lucrative sugar sub-sector of the economy.
