Services To Investors

1. Promotion and Developmental Support for Mini-Sugar Plants. namely

Provision of Feeder Roads. Supply of Transformers. Connection to the National Grid. Research and Feasibility Support.

2. Coordination of Research, Development and Training for the Nigeria Sugar sector. Funding research on:

Sugar quality. Sugarcane variety improvements Rapid micro propagation Techniques. e.t.c Sugar Development Grants to Institutions and Universities.

3. Sugarcane Out growers Support Scheme

Registration of Sugarcane Out growers Cooperative Societies. Provision of irrigation infrastructure to rural sugarcane farmers Provision of single digit interest agro input loans to Sugarcane out growers in all existing Sugar companies nationwide Provision of raw material (New Cane Variety) at a token fees from established NSDC’s Sugarcane nursery sites

4. Sugar Data Base

Provision of up to date information on the Sugar Sub Sector such as:

Data on Sugar Consumption, Importation, Production and Prices Sugarcane Production and Production Sites

5. Registration of Sugar Investors

6. Facilitation of Ministerial Approval (Permit)

7. Provision of advice on Nigerian Sugar Sector in general

Incentives to Investors.

In realization of the importance of the sugar sub-sector of the Nigerian economy and its capital intensive nature, the National Sugar Policy (2003) has provided some disincentives to potential sugar investors.

The National Sugar Development Council provides the enabling environment for the private sector initiatives through deliberate policies and programmes in order to attract and sustain investment in local sugar production. Investors may take advantage of the following available incentives which are designed to attract both local and foreign capital into the industry.

Infrastructures.
In view of the capital intensive nature of sugar production as well as the long period required to recoup investment, the cost of infrastructural facilities including access roads, boreholes, power line and health care facilities will be borne by government in respect of new sugar estates. The Council will coordinate the provision of such facilities.

Equity Participation
As provided in the Nigerian Industrial Policy (2005) 100% foreign ownership of sugar complex is allowed in addition to the appropriate level of expatriate quota allocation.

Import Duty Exemption
Imported machinery and capital equipment for sugarcane farm and sugar/ethanol factories will enjoy duty/tariff rates similar to agricultural machineries.

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