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    Kapital FM 92.9 The Station that Rocks!

Sugar

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Business

Nigeria’s Sugar Industry Key To $1tr Economy Vision – Minister

The Minister of Industry, Trade and Investment, Dr. John Enoh, has emphasized the critical role of the sugar industry in achieving President Bola Tinubu's $1 trillion economy vision. Speaking at a one day public hearing on a bill to amend the National Sugar Development Council Act, organized by the house of representatives, Committee on Industry, Enoh noted that the sugar industry has the potential to drive rural development, create jobs, […]

todayMay 23, 2025

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Business

Chinese Investors Laud Nigeria’s Sugar Master Plan

The National Sugar Development Council (NSDC) has signed a major Memorandum of Understanding (MoU) with SINOMACH, a Chinese conglomerate, for the development of a sugarcane cultivation and processing project capable of producing one million metric tonnes of sugar in the country. The MoU, which is an early fruit of the Nigeria-China Strategic Partnership—an initiative of President Bola Ahmed Tinubu—has the potential to attract investments of up to one billion dollars […]

todayApril 13, 2025