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 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  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...

2024/25 Planting Season: NSDC Donates Seed Cane to Golden Sugar Company  The National Sugar Development Council (NSDC) has presented high yielding seed cane to the Golden Sugar Company Ltd (GSC) located in Sunti, Niger state, ahead of the 2024 /2025 planting season. This presentation was made...

Nigeria's Sugar Industry Requires $3.5bn Investments - NSDC Boss The Executive Secretary of the National Sugar Development Council (NSDC), Mr Kamar Bakrin, has said the industry will need investments worth 3.5 billion dollars to be able to reach its potential. He said for the Nigeria Sugar...

We can Save $1bn for Nigeria by Ending Sugar Importation - NSDC Boss   The Executive Secretary of the National Sugar Development Council (NSDC), Mr. Kamar Bakrin, has said the Council seeks to eliminate sugar importation and save the country about $1 billion. Mr Bakrin said this...