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Trade Minister Diop addresses CNC

Jun 24, 2024, 11:15 AM

The Senegalese minister of Trade and Industry recently chaired the National Consumer Council (CNC) on Friday during which decisions on prices after consultation were taken.

In order to strengthen the valorisation of our products, the Ministry of Industry and Commerce, in accordance with the Project, “for a sovereign, just and prosperous Senegal”, intends to “promote the development of the industrial fabric based on the transformation of what we produce and on the promotion of national industrial champions”. 

In his speech, the minister intends to materialise this vision through the government of Senegal, to achieve structured, sustainable and long-term industrialisation based on the valorisation and transformation of the identified wealth and resources of each of the eight 8 major poles of economic development in creative course. 

These agropoles, according to Minister Serigne Guèye Diop, are intended to serve as a business incubator by offering facilities and support services to agro-industry value chains, in order to promote commercial agriculture and to strengthen the competitiveness of local businesses on national and international markets.

“It is important to emphasise that these 8 clusters are part of a set of high value-added projects, creating wealth and jobs. The transformation of agriculture, among other things, will serve as a spearhead for the structure of the economy.  I call on our fellow citizens and our partners to demonstrate commitment in order to translate into concrete actions, our common ambition to lead our country towards progress and sovereignty. Senegal is full of real assets and important achievements,” declared the minister.

 In agro-industry, market gardening, fishing, tourism, crafts or oil, gas and mining resources, the minister considers that Senegal does not lack wealth.  These multiple resources at its disposal must offer great possibilities for the emergence and sustainability of local economies as well as dynamic and successful SMEs – SMIs.

However, in a separate but related development, the Senegalese Bakers’ Association has refused to reduce the price of bread from 175 CFA to 125 CFA following government’s request.

This, which was supposed to be enforced on Monday could not because the flour sellers have stopped selling amid government’s recommendation for the reduction of flours.