The National Sugar Development Council (NSDC) has signed agreements with four operators to develop greenfield sugar projects that will collectively produce 400,000 tonnes locally on an annual basis.
The four operators which will each develop 100,000-tonne facilities across Nigeria’s agricultural belt are: Brent Foods in Oyo State, Niger Foods in Niger State, Legacy Sugar in Adamawa State, and UMZA in Bauchi State.
The Executive Secretary/CEO of the Council, Mr. Kamar Bakrin, announced this in a statement, in Abuja, on Tuesday.
“The geographic spread from Nigeria’s southwest to northeast reflects a deliberate strategy to leverage diverse agricultural conditions and distribute economic benefits across regions,” said Bakrin.
” The agreements, signed at NSDC’s Abuja headquarters, represent a significant scaling of Nigeria’s sugar development ambitions.
Under the terms, the council will provide customised project development support and cover critical service costs to ensure the ventures achieve commercial viability.
This expansion builds on Nigeria’s increasingly aggressive approach to sugar sector development.
The four new projects promise benefits beyond mere production targets”.