According to the Minister of Commerce, the sugar problem in Cameroon will only be solved when domestic production meets demand.
“It turns out that last year, precisely in June, near the usual period of inter-campaign at SOSUCAM (Sugar Company of Cameroon), this company has, itself, alerted the government to seek additional imports to fill its production gap. I recall that SOSUCAM produces between 110,000 tons, with peaks to 130,000 tons of sugar, for needs that are of the order of 200,000 tons per year”, Minister of Commerce, Luc Magloire Mbarga Atangana explained.
From Commerce Minister’s explanation, Cameroon News Today- CNT could deduce that SOSUCAM produces a little below annual demand.
Coupled with the shortage in SOSUCAM’s production, the Government recently suspended sugar imports, which could have made up for the shortage. Luc Magloire Mbarga Ata justifies: “When the government authorized imports, it was clearly stated that it was import licenses issued for the inter-campaign period at SOSUCAM. The operators know this, since in the notification of the Prime Minister’s instructions; it was clearly mentioned- ” authorizations to import sugar during the inter-season season ”, that is from June to November. (2017). You agree with me that we are in May 2018, when the period is largely over”, the Minister justified.
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Regretting that local economic operators are more inclined to import sugar than to invest in local production, on which “SOSUCAM is in a de facto monopoly”, the Minister of Commerce argues that “the sugar problem will only be managed in a sustainable way, once national production is able to cover local demand, Cameroon News Today- CNT gathered.
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