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NSDC, New Operators Seal Landmark Development Agreements, to Produce 400,000MT of Sugar Annually

NSDC, New Operators Seal Landmark Development Agreements, to Produce 400,000MT of Sugar Annually   The National Sugar Development Council (NSDC) has signed agreements with four operators to develop greenfield sugar projects that will collectively produce 400,000 tones annually, marking the latest phase in an ambitious campaign...

We’re Removing Impediments To Sugar Production – NSDC Boss Assures Minister, Operators

The Executive Secretary/CEO of the National Sugar Development Council (NSDC), Mr. Kamar Bakrin, has briefed critical stakeholders on the progress.

NSDC Act Amendment to Save Nigeria $1bn Annually – Bakrin

With a proposed amendment to the National Sugar Development Council Act, Nigeria's sugar industry is poised to save the country over $1 billion in foreign exchange annually and create thousands of jobs.

NSDC, BOI Sign MoU on Sugar Project Financing

NSDC, BOI Sign MoU on Sugar Project Financing The National Sugar Development Council (NSDC) has signed a Memorandum of Understanding (MoU) with the Bank of Industry (BOI) to fill existing funding gaps in sugar project development in Nigeria. Titled, “First Supplemental Managed Fund Agreement,” the MoU...

FG Calls Investors to Tap Nigeria’s $2bn Sugar Market

FG Calls Investors to Tap Nigeria’s $2bn Sugar Market The Executive Secretary/CEO of the National Sugar Development Council (NSDC), Mr. Kamar Bakrin, has told potential local and foreign investors that this is the best time to put their money in the local production of sugar...

$5bn Sugar Investment Plan: Reps to Initiate Amendment of NSDC Act 

$5bn Sugar Investment Plan: Reps to Initiate Amendment of NSDC Act  The Executive Secretary/CEO of the National Sugar Development Council (NSDC), Mr. Kamar Bakrin, has shared the Council’s comprehensive plan for accelerated sugar project development in 2025 with the House of Representatives Committee on Industry. Delivering...