Pepsi To Cut Down Sugar From Its Drinks

The global food giant said on Monday that two-thirds of its single serving drinks will have 100 or fewer calories from added sugar by 2025.

PepsiCo said the change was driven by shifting consumer needs and new dietary guidelines from the World Health Organization.

Many customers have tapered their intake of high-sugar, high-calorie soft drinks from Pepsi and Coca-Cola due to worries about sugar consumption. But at the same time, diet beverages have also been falling out of favor as consumers worry about chemicals in their drinks.

Both Pepsi and Coke have been trying to adapt to changing consumer tastes.

Pepsi announced last year it would stop using the artificial sweetener aspartame due to declining sales and health concerns. Scientific studies have linked artificial sweeteners to obesity and diabetes.

But PepsiCo reintroduced aspartame to some products in September, saying consumers wanted more choices.

Along with its commitment to cut calories in its sugary drinks over the next decade, Pepsi also said it would reduce levels of saturated fat and sodium in the majority of its products.

“The company will continue to refine its food and beverage choices to meet changing consumer needs by reducing added sugars, saturated fat and sodium levels in its product portfolio,” Pepsi said in a statement.

Dangote targets 2m metric tons of sugar annually.

The Dangote Sugar Refinery Plc, a member of Dangote Group, on Monday said it plans to produce between 1.5 and 2 million metric tons of refined sugar annually from locally produced sugarcane.

The Acting Group Managing Director, Mr Abdullahi Sule, made the disclosure at the 2016 World Food Day celebrations organised by Lagos State Government.

Sule, who was represented by the company’s manager, Mr Braimah Ogunwale, said that the target was in line with its backward integration master plan.

“Our efforts are geared towards the achievement of our backward integration projects master plan to produce 1.5 to 2 million metric tons of refined sugar annually from locally grown sugarcane within the next 10 years.

“We have acquired and currently rehabilitating Savannah Sugar Company Ltd, Numan, Adamawa State to bring it to its full potential.

“Also, we are in the process of acquiring various sites across the country for our Greenfield Sugar projects, though very challenging, but we are focused on this goal, ‘’ he said.

The News Agency of Nigeria (NAN) reports that Dangote Sugar Refinery sponsored this year’s Schools Agriculture Quiz Competition in Lagos to mark the World Food Day, which was won by Keke Senior High School, Agege.

Sule commended the efforts of the Lagos State Government’s towards ensuring food security, and implored it to engage the youths on new innovations.

Nigeria Imports $227m Sugar In Seven Months

Nigeria imported $227million worth of sugar in the first seven months of this year, according to the central bank.

The highest monthly value of imports of $79.1 million was recorded in June, a Central Bank of Nigeria monthly compilation of funds used for sugar imports obtained by Bloomberg News showed Wednesday.

The amounts are for raw sugar as well “chemically pure glucose and glucose syrup not containing fructose,” according to the document.

The central bank ditched its 16-month old peg on the naira in June and introduced a flexible exchange rate regime to allow the currency to trade freely on the interbank market.

But dollar liquidity has remained a concern in the system with periodic intervention by the central bank. The central bank has told lenders to set aside extra provisions against their dollar loans.

While the naira closed at N314.14 to the dollar on the interbank forex market yesterday, on the parallel market, the nation’s currency went for N394 to the dollar Wednesday.

The central bank on Tuesday resolved to raise the amount of weekly foreign currency which banks are authorised to sell to Bureau de Change operators (BDCs) to $50,000 from the initial $30,000.
Speaking at the Bankers’ Committee meeting in Abuja on Tuesday, the Group Managing Director, United Bank for Africa (UBA), Kennedy Uzoka, said following the feedback from the market, the committee decided to effect an upward review in dollar sale to BDCs. He said the increase would make more cash available to BDCs and increase the supply which would help to drive down price.

Credit: thisdaylive

 

See What Dangote Is Promising All Nigerians By 2019

Aliko Dangote, the Chairman of Dangote Group, on Monday said Nigeria would be self-sufficient in rice, sugar and other commodities by 2019.

Dangote said this in Abuja at a meeting with the United Nations Secretary-General, Ban Ki-moon, Nigerian businessmen and some philanthropists. The billionaire businessman, who was speaking against the backdrop of his investment in the economy in the nation, added that Nigeria would soon become the largest exporter of petroleum products and fertiliser.

He said he would not want to be known as the richest man alone, but would also lend his voice and other capacity to better the lots of Nigerians; and commended the steps being taken by the President Muhammadu Buhari’s administration in addressing the challenge of corruption facing the nation.

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Sugary Drinks Kill 184,000 Adults Around The World Every Year, Says Study

Sugary drinks are killing 184,000 adults around the world every year, and should be eliminated from people’s diets, medical experts have warned. The global death toll from sugar-laden drinks – ranging from soft drinks to fruit smoothies – has been revealed in a new paper published in the American Heart Association’s Circulation journal.

Most of the deaths are from people who die from diabetes, estimated at some 133,000 a year. Around 45,000 people die each year from heart disease and another 6,450 from cancer, according to the study – which is the first comprehensive assessment of the global deaths attributable to sugar-sweetened beverages (SSBs).

Researchers estimating the deaths from diabetes, heart disease, and cancers in 2010 defined SSBs as any sugar-sweetened fizzy drinks, fruit drinks, sweetened iced teas, sports/energy drinks, or homemade sugary drinks. Pure fruit juice was excluded. The study drew on 62 dietary surveys including more than 611,000 people conducted between 1980 and 2010 across 51 countries – representing almost two thirds of the world’s adult population. This information, along with data on the health harms of sugary drinks, enabled researchers to estimate the number of deaths attributable to such beverages

When it comes to the total number of deaths annually, the United States tops the list – with 25,347. But when it comes to the actual death rate, Mexico is top – with 404.5 deaths per million adults. Most of the deaths are concentrated among adults aged 20 to 44 years of age in low and middle income countries, say researchers. Britain has 1,316 deaths a year, with an estimated mortality rate of 30.5 per million adults.

The findings “indicate the need for population based efforts to reduce SSB consumption throughout the world through effective health policies and targeted interventions directed at stemming obesity-related disease,” states the paper. The study was conducted by an international team of researchers from Harvard, Tufts and Washington universities in the US, and Imperial College London in the UK.

“Many countries in the world have a significant number of deaths occurring from a single dietary factor, sugar-sweetened beverages. It should be a global priority to substantially reduce or eliminate sugar-sweetened beverages from the diet,” commented Dr Dariush Mozaffarian, senior author of the study and dean of the Friedman School of Nutrition Science & Policy at Tufts University in Boston.

But responding to the research, Gavin Partington, director general of the British Soft Drinks Association, said: “In no way does this study show that consuming sugar-sweetened beverages causes chronic diseases such as diabetes, cardiovascular disease or cancer.”

He added: “The researchers provide no evidence when they illogically and wrongly take beverage intake calculations from around the globe and allege that those beverages are the cause of deaths which the authors themselves acknowledge are due to chronic disease.”

Source – www.independent.co.uk

El-Rufai Stops Free Ramadan Rice, Oil, Sugar Distribution

Kaduna State Governor, Malam Nasir El-Rufa’i, has ordered a stop to government’s free distribution of grains during fasting in the month of Ramadan.

The Governor said that his administration would not continue with what he described as the People’s Democratic Party’s culture of sharing state’s resources.

“I have been made to understand that this Ramadan period, we are supposed to have started sharing rice, milk and sugar, but we will not do that,” El-Rufa’i said yesterday at the Government House.

He spoke when the executive members of the Christian Association of Nigeria (CAN) and Jama’atu Nasril Islam (JNI) visited him.

El-Rufa’i explained that he took the decision to stop the annual tradition of distribution of the products because he does not want government to be involved in religious affairs, more so, according to him, “as the government is broke.

“If his government continues in such direction, the administration will only exist to pay salaries and allowances.

“This beautiful office complex in which we are cost the government about N10 billion.

“The Deputy Governor and I would not have built this when there are many masses-oriented projects yet to be executed, but it has been built, we have to use.’’

“So, we solicit your prayers to be able to stabilise the situation and we hope that things will improve.”

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