Tag: sugar

Sugar price hits N835,400 per tonne
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Sugar industry can create one million jobs, curb insecurity — NSDC

The Executive Secretary/CEO of the National Sugar Development Council, Mr. Kamar Bakrin, has said that developing Nigeria’s sugar industry could significantly address unemployment, insecurity and rural community underdevelopment by creating massive jobs and attracting investments to rural communities. Bakrin stated this during a strategic meeting between the NSDC and the Nigeria Customs Service at the […]

Sugar price hits N835,400 per tonne
Business

Sugar sector can generate one million jobs, boost security — NSDC boss

The Executive Secretary of the National Sugar Development Council, Kamar Bakrin, has said a fully developed sugar industry can create up to one million jobs and address Nigeria’s security challenges by generating rural employment for youths. According to a statement made available to The PUNCH on Sunday, Bakrin made the remarks at a strategic meeting […]

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NSDC, BOI launch ₦10bn fund for sugar projects

The National Sugar Development Council and the Bank of Industry have established a N10 billion Sugar Project Acceleration Fund to support the development of greenfield sugar projects across Nigeria. The fund aims to provide financing and project development support to viable greenfield initiatives. Its primary goal is to accelerate the growth of a sustainable and […]

Dangote Sugar exceeds N1tn market cap level 
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Dangote Sugar exceeds N1tn market cap level 

Dangote Sugar has become the second Aliko Dangote-owned company to reach the N1 trillion market valuation milestone. As of 1.30 p.m. on January 17, 2024, the company’s share price had increased by 1.23% to N82.40, bringing its market value above N1 trillion and placing it in the SWOOT category. Dangote Sugar is now the sixth business […]