View PDF book - Newsdesk Media
View PDF book - Newsdesk Media
View PDF book - Newsdesk Media
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
….WE SWEETEN YOUR WORLD<br />
INTRODUCTION<br />
The National Sugar Development Council was established by<br />
Decree 88 of 1993, now an Act of the National Assembly, Act Cap.<br />
No. 78 LFN of 2004, to catalyze the development of the sugar<br />
industry with a view to ensuring that Nigeria attains at least, 70%<br />
self-sufficiency in her sugar requirement within the shortest<br />
possible time. The Council therefore serves as the main focal<br />
agency responsible for the regulation of all activities in the sugar<br />
sub-sector ranging from production, marketing, importation and<br />
enforcement of sugar standards with relevant government<br />
agencies.<br />
VISION:<br />
NSDC is committed to making Nigeria a notable player in the global<br />
sugar trade through policies and strategies that will harness our<br />
abundant natural and material resources to ensure national selfsufficiency<br />
in sugar with surplus to export to earn foreign exchange.<br />
INVEST IN THE SUGAR SECTOR:<br />
Incentives to investors:<br />
• IRRIGATION & PHYSICAL INFRASTRUCTURES<br />
• EQUITY PARTICIPATION<br />
• IMPORT DUTY EXEMPTION<br />
• PIONEER INDUSTRY STATUS<br />
• REMITTANCE OF DIVIDENDS<br />
• INVESTMENT GUARANTEE<br />
• PRICE SUPPORT MECHANISM<br />
• PROTECTION OF LOCAL INVESTORS<br />
• WAIVERS ON RAW SUGAR IMPORTS<br />
OFFICES:<br />
NSDC HEAD OFFICE<br />
PLOT 565, Ndola Crescent, Off Michael Opara Street,<br />
Wuse Zone 5, P.M.B. 299, Garki- Abuja. Abuja Nigeria.<br />
Tel: 09-4514871-5,<br />
Fax: 09-4614870.<br />
E-mail: contact@nsdc.gov.ng<br />
NSDC Liaison Offices:<br />
Lagos , Kano, Ilorin and Yola.<br />
www.nsdc.gov.ng<br />
MISSION:<br />
To accelerate the development and growth of the local sugar<br />
industry in order to achieve a target of at least 70 percent<br />
self-sufficiency in national sugar requirement as soon as possible.<br />
SERVICES RENDERED BY THE COUNCIL:<br />
• Provision of price support mechanism for industrial sugarcane;<br />
• Promotion of mini sugar plants and the development of new<br />
medium - large scale sugar processing plants;<br />
• Guarantee credit facilities for land preparation, labor and<br />
purchase of farm inputs like fertilizer, seed cane and chemicals<br />
for outgrowers;<br />
• Farm insurance with Nigerian Agricultural Insurance<br />
Cooperation (NAIC), if required as collateral for loans to<br />
outgrowers.