The Federal Government through the Ministry of Industry, Trade and Investment has engaged major companies under the pioneer status of the National Sugar Master Plan on collaborative terms to curtail the rising price of sugar and improve the capacity of local sugar production in Nigeria.

This was disclosed by the Minister of Industry, Trade and Investment, Dr DORIS UZOKA ANITE after a tour of sugar companies.

The minister in a statement said the move is to maintain the price stability of the product, especially during the upcoming Ramadan period.

She also revealed plans of collaboration with the Federal Ministry of Science, Technology, and Innovation to provide cutting-edge machinery and equipment to reduce importation and promote international standards.

She further acknowledged the industry’s effort to meet the demand for sugar consumption in the country while stressing the need for continued excellence and efficiency in production.