// Workers AI · dad joke modeWhat did sugar council say? We're sweet on development.
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| Agency overview | |
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| Formed | 1993 |
| Jurisdiction | Federal Republic of Nigeria |
| Headquarters | Abuja, Nigeria |
| Annual budget | 1.5 bn NGN (2022) |
Ministers responsible | |
Agency executive |
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Parent department | Federal Ministry of Industry, Trade and Investment |
Child agency |
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Key document |
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| Website | www |
The National Sugar Development Council (NSDC) is a government agency under the Federal Ministry of Industry, Trade and Investment in Nigeria.[1] It was established by Decree 88 of 1993, later enacted as Act Cap. No. 78 LFN of 2004 and amended in 2015, to oversee and coordinate the development of the sugar industry with the aim of achieving self-sufficiency in sugar production.[2]
History
[edit]The NSDC was created to address the absence of coordinated planning and supervision in Nigeria's sugar sector.[3] Before its establishment, Nigeria relied heavily on sugar imports, which contributed to foreign exchange losses, unemployment, and food insecurity.[4] In 2012, the government approved the Nigeria Sugar Master Plan (NSMP), a ten-year framework (2013–2023) designed to achieve self-sufficiency and diversify the economy's revenue base.[5][6]
The NSDC is overseen by a Board of Directors chaired by the Minister of Finance and led by an Executive Secretary. The Board includes representatives from government and private sector stakeholders and is responsible for policy direction.[7] The organisation is divided into five directorates, each focusing on specific aspects of industry development.[7]
Functions
[edit]Under its enabling Act, the NSDC advises the Federal Government on sugar production and consumption,[8] regulates industry activities, collects and disseminates information, administers the Sugar Industry Development Fund (SIDF), and represents Nigeria in international sugar organisations.[8] It also works with other agencies and private partners to support the growth of the sugar sector.[9]
References
[edit]- ↑ "Report Name: Sugar Annual" (PDF). Retrieved 29 October 2023.
- ↑ "National Sugar Development Council Act" (PDF). Retrieved 29 October 2023.
- ↑ "Rabiu urges FG to replicate the Nigerian Sugar Devt Council in the rice sector". Vanguard. Lagos, Nigeria. 8 February 2021. Retrieved 29 October 2023.
- ↑ Attah, Solomon (26 June 2022). "Nigeria's dependence on imported sugar threatens self-sufficiency". BusinessDay. Lagos, Nigeria. Retrieved 29 October 2023.
- ↑ Feyisipo, Remi (7 September 2022). "Nigeria's sugar backward integration policy attracts N250bn investments". BusinessDay. Lagos, Nigeria. Retrieved 29 October 2023.
- ↑ Ogunyemi, Ifedayo (10 March 2022). "NSDC and Nigeria's strive to attain sugar self-sufficiency". Nigerian Tribune. Retrieved 29 October 2023.
- 1 2 "National Sugar Development Council". National Sugar Development Council -. 2 December 2015. Retrieved 29 October 2023.
- 1 2 "What does the National Sugar Development Council do?". Daily Trust. 8 May 2023. Retrieved 29 October 2023.
- ↑ "FAO.org". Home (in French). Retrieved 29 October 2023.
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