Assistant General Manager SOSUCAM Emmanuel Castells
-Sugar price Hike Most Likely
in the Days Ahead
The Assistant General Manager
of SOSUCAM Emmanuel Castells has made it abundantly clear in a Press release signed
on the 22nd of April 2022 that the sole sugar producing company based
in Mbandjock shall be temporary closed until some of the irregularities and lapses
in management are brought under elaborate control.
The immediate motive for the call
for temporal suspension of function dwells in the lapses that has since accompanied
supply of fuel by contractors to the company.
The inconsistent supply of fuel
of late, has handicapped the normal flow or trend of activities and has even disrupted
the chain sequence in the extraction, production and distribution of end products.
That alone plus personnel management
problems and unpaid accumulated bills has prompted the temporal suspension of the
sugar production company.
Due to that, it is but automatic
and absolutely normal that black market will set in soon in the economy and the
price of sugar will abundantly grow high. Adding to the price hike that has since
characterized goods of basic necessities and building materials not to talk of the
great economic hardship everybody is facing. “Something is really going wrong somewhere
and very soon we will hear SOSUCAM is on Auction sales”
No comments:
Post a Comment