NSDC-backed Oyo Sugar Factory Reaches Commissioning Stage

The National Sugar Development Council has officially announced that the Oyo Sugar and Derivatives Industries Limited factory in Iseyin, Oyo State, has reached the commissioning and test-running stage after more than a decade of financial, technical and institutional support from the council. This milestone marks a significant step forward for the project, which was developed under the Nigeria Sugar Master Plan and is one of the new-build sugar factories to emerge from the plan's Backward Integration Programme. The factory is expected to become operational soon, bringing substantial value to the local economy and the state's sugar industry. The project has progressed from a cooperative farming venture involving communities in Iseyin to an operational factory, ensuring sustainable growth for the region. The council funded the procurement of the factory's core 300 TCD sugar mill at a cost of approximately N1.64bn, while the Oyo State Government contributed an estimated N850m in equity funding towards the completion of outstanding works. These financial contributions and technical backing are essential for the factory's successful launch. The 300-tonnes-per-day greenfield sugar mill,