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    MarketForces Africa » MarketNews » ISO: Sugar Council Boss Emerges as Global Chair
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    ISO: Sugar Council Boss Emerges as Global Chair

    Ogochukwu NdubuisiBy Ogochukwu NdubuisiJuly 10, 2024No Comments2 Mins Read
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    ISO: Sugar Council Boss Emerges as Global Chair
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    ISO: Sugar Council Boss Emerges as Global Chair

    The Executive Secretary/Chief Executive Officer (CEO) of the National Sugar Development Council (NSDC), Mr Kamar Bakrin, has been elected Chairman of International Sugar Organisation (ISO)‘s Administrative Committee.

    The council in a statement, said this was one of the outcomes of the 64th Council Meeting of the ISO which took place in New Delhi, India. The administrative committee is responsible for overseeing and making recommendations on the conduct of ISO’s operations and keeping its policy and procedural information up-to-date.

    The statement said the NSDC boss chaired several crucial meetings in the course of his recent trip to India which provided the basis for the main 64th ISO Council session.

    It quoted the NSDC boss as saying that this appointment represents a major recognition for Nigeria as it provides an opportunity to further contribute to ISO’s policies, decisions, and initiatives.

    “It also deepens our collaboration with leading sugar producers and producing countries and better advocate for Nigeria’s interests,”Bakrin said. This is the second consecutive year the NSDC boss has been appointed into a strategic leadership role at ISO.

    Bakrin was elected Vice Chairman of the Administrative Committee during the last meeting held in London in 2023.  At the meeting in India, the NSDC boss who led the Nigerian delegation played a key role in the deliberations, discussions and brainstorming sessions that took place at the three-day event.

    The ISO is an intergovernmental body dedicated to enhance conditions in the global sugar market by addressing challenges and fostering cooperation to maintain stability and sustainability in the industry.

    Its 87 member states represent 92 per cent of exports, 87per cent of sugar production, 64per cent of sugar consumption and 34 per cent of imports.

    The 64th ISO Council meeting, which held at the Bharat Mandapam Conference Centre, New Delhi, was attended by delegates from over 30 countries and representatives from various international organisations, diplomats and Indian government officials.

    The focus of the meeting was promoting the development and adoption of sugar as a sustainable biofuel as part of the global efforts to reduce greenhouse gas emission. 15 Vessels to Berth at Lagos Ports with Petroleum Products, Others

    Banks CBN Central Bank of Nigeria FGN Investors Naira NGX Nigeria Nigerian Stock Exchange
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    Ogochukwu Ndubuisi
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    Ogochukwu Ndubuisi is an editorial content strategist and financial news writer at MarketForces Africa, covering a broad range of topics including Nigeria's equity markets, infrastructure development, energy, government policy, corporate finance, and digital economy.With over 2,400 published articles on MarketForces Africa, Ogochi brings depth and consistency to the publication's daily news coverage.Her reporting spans Nigerian Exchange Group market movements, Lagos State infrastructure projects, and federal government economic policies, oil and gas developments, and emerging sectors shaping Nigeria's economic landscape.She also covers Africa-wide stories, including East African market indices, continental investment trends, and cross-border economic developments.Ogochi works closely with MarketForces Africa's editorial and corporate communications teams to deliver accurate, timely, and well-researched content to the publication's professional readership.Ogochukwu Ndubuisi is based in Lagos, Nigeria.

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