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๐Ÿ‡ซ๐Ÿ‡ฏ Fiji /Economy & Trade

Fiji Sugar Corporation chair defends company amid farmer backlash

From FBC News · () English

Translated from English, summarized and contextualized by DistantNews.

At a glance

News Named sources Context piece
  • Fiji Sugar Corporation Chair Nitya Reddy defended the company against farmer criticism regarding the industry's struggles.
  • Reddy acknowledged the past year was disastrous, partly due to the Rarawai Mill fire, but argued against solely blaming FSC.
  • He highlighted government grants and the base price of cane, noting FSC's historical losses while emphasizing the need for a contextual approach to industry issues.

Fiji Sugar Corporation Chair Nitya Reddy has pushed back against farmer accusations, stating that the industry's progress is hindered by a tendency to assign blame. Responding to concerns from Rakiraki farmers during a Special Committee on the Sugar Industry meeting, Reddy argued that singling out FSC for the industry's dire situation is dishonest.

Those people who have been trying to say that FSC alone has got to be demonised are being very, very dishonest, unfortunately.

โ€” Nitya ReddyFiji Sugar Corporation Chair Nitya Reddy defended the company against farmer criticism, stating that blaming FSC solely for the industry's struggles is dishonest.

Reddy acknowledged that the previous year was the most disastrous in the 140-year history of the FSC. He attributed significant difficulties, including the loss of 100,000 tons of standing cane, to the Rarawai Mill fire on September 17th of the previous year. However, he stressed that this single event does not account for all the industry's problems.

I accept the fact that last year was about the most disastrous season in the 140-year history of FSC.

โ€” Nitya ReddyReddy acknowledged the severity of the previous year's performance for the Fiji Sugar Corporation.

He detailed the government's allocation of a $96 million grant, with $80 million directly benefiting the industry. This grant, when divided by the cane tonnage, adds substantially to the base price farmers receive. Reddy also pointed to FSC's historical financial performance, noting a $600 million loss over the past two decades, while emphasizing that current discussions must consider the context of the Master Award and all related issues. The Special Committee has assured farmers that the $85 per tonne price is a minimum and will be reviewed after consultations.

We canโ€™t be talking in a vacuum. We have got to address all these issues and consider them in the context of the Master Award.

โ€” Nitya ReddyReddy emphasized the need for a comprehensive approach to solving the sugar industry's problems, considering all relevant factors.
DistantNews Editorial

Originally published by FBC News in English. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.