Tag: #SugarIndustry
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NSDC TARGETS SUGAR SELF-SUFFICIENCY WITH $1BN INVESTMENT, N10BN FUND
The National Sugar Development Council (NSDC) is targeting sugar self-sufficiency in Nigeria through a proposed $1 billion investment partnership and a 10 billion naira Sugar Project Acceleration Fund. The NSDC Executive Secretary, Kamar Bakrin, said Nigeria currently consumes about 1.8 million tonnes of sugar annually, with roughly $1 billion spent on imports. He said the…
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NSDC SAYS NIGERIA’S SUGAR SECTOR COULD CREATE ABOUT 1 MILLION JOBS
The National Sugar Development Council (NSDC) says Nigeria’s sugar sector has the potential to generate about one million jobs if fully developed. The Executive Secretary/CEO of NSDC, Mr Kamar Bakrin, made this known during a strategic meeting with the Nigeria Customs Service in Abuja. He said the sector could create both direct and indirect jobs,…
