Oyo Sugar Factory Set for Inauguration After Over N2.2bn NSDC Support
The Oyo Sugar and Derivatives Industries Limited (OSDL) factory in Iseyin, Oyo State, has reached the commissioning and test-running stage following over N2.2 billion in financial support from the National Sugar Development Council (NSDC). The 300-tonnes-per-day (TCD) greenfield sugar mill was developed under the Nigeria Sugar Master Plan (NSMP) and is one of the few new-build sugar factories to emerge from the plant’s Backward Integration Programme.
The NSDC, in a statement, congratulated the promoters and farming communities in Iseyin on the milestone, describing the development as the culmination of more than a decade of financial, technical and institutional support by the Council.
Brief written by urgent.news from This Day's own syndicated text. Machine-written — may contain errors; check the original before relying on it.