The Company has carried out equities market analysis and investment portfolio management, project management and financing, commercial real estate and property development, business and capacity building advisory, and investment negotiation and facilitation for Niger State Government as well as joint venture partners.
At NSDC, our business model is in two broad categories namely business and investment on one hand, and business and investment support services on the other. The business and investment model focuses on the real sectors of the economy such as agriculture, manufacturing, real estate, commerce, solid minerals, tourism and hospitality. Other areas are equity, assets, Public-Private Partnerships, Strategic Alliances, portfolio management and national competitiveness. The business and investment support services focus on finance, ICT, stakeholder management, communication, investor relations and practical performance management. This business model focuses on the existing and new businesses in diverse sectors which are independent, self-accounting and purpose driven supported by strong corporate governance practices, tactical alliances, operational efficiencies, research and specialization. The model is designed to ensure Niger State is among the top three economies in Nigeria. Clearly, we are entrenched to have a highly professional and motivated workforce, building proactive and robust ICT and professional organisation that is second to none in Nigeria.
The financial health of the Company has been on a constant growth trajectory. Our accounting period is January to December and is in line with the International Financial Reporting Standard. Ten Billion Naira asset base has been the key driver of our sound financial performance over the last two years.
1. International Market and Motor Park: This is a Two Billion Naira multipurpose shopping facility and transport terminal sitting on 60 hectares of land in Rafin Sanyi Suleja. The project is designed to create a commercial and transportation hub in Suleja township with the provision of transportation terminal, motel, restaurant, administration/banking building, retail spaces, warehouses, open markets for agricultural commodities, light industries and tech hub.
2. NSDC Hotel & Suites: This is a 50-room 3-star hotel in Minna that provides relaxing accommodation solutions for business and tourists guests visiting the State. It has become a destination of choice for guests because of its secure and serene location, constant power supply and service efficiency. Ancillary facilities include swimming pool, sports arena, meeting rooms and restaurant.
3. Justice Idris Legbo Kutigi International Conference Centre: The Centre is a 1,500-seater capacity conference centre in Minna Central. It is the largest event centre in Niger State and prides itself on a competitive pricing strategy to acquire larger market share in State’s hospitality industry.
NSDC has been promoting and facilitating investments across the agricultural value chain in the State. The comparative advantage the State enjoys in the production of Rice and Sugar Cane is massive due the availability of large expanse of wetland which is most suitable for the cultivation of such crops. All the 25 LGAs in Niger state are endowed with wetland (Fadama) in varying sizes. Furthermore the Bida basin (Bida, Lavun, Gbako, Edati, and Mokwa & Katcha LGAs) and the wetland areas in Agaie, Lapai, Wushishi, Shiroro, Paikoro, and Gurara & Borgu LGAs are endowed with large Fadama lands that are rich and fertile to support rice and sugar cane cultivation that can meet Nigeria demand with enough for export.
It is important to mention that Niger State is the leading producer of yams in Nigeria accounting for some of the best varieties. Yam is extensively cultivated in Shiroro, Bosso, Chanchaga, Munya, Paikoro, Gurara, Suleja, Tafa, Lapai, and Wushishi & Rafi LGAs. It is also grown in reasonable quantity in almost all of the other LGAs. Marketers from all over Nigeria patronise the markets in these LGAs to aggregate yam for resale in southern part of the country and sometime export. Other economic crops cultivated in large output in the State are maize, sorghum, soya beans, sesame, groundnut, cowpeas e.t.c.
In the area of livestock, Niger state is blessed with grasslands and a good climate that supports the growing and development of cattle, sheep, goats, piggery and poultry. Presently there are a number of commercial farms that are doing well. These includes Maizube Farms, Abu Turab Farms, Talba farms, Masohi farms, Madabe farms Nasko, Shehu farms
|Production||· Large scale commercial production.
· Input service delivery.
· Fertilizer manufacturing
|Storage||· Commercial warehousing|
|Processing||· Cottage industries
· Agro industries
· Farm settlements
|Marketing||· Specialized market development
· Regional Cattle and Produce Market
· Packaging and branding ( especially rice)
· Integrated retail outlets.
One of NSDC’s key investments is in the housing sector due to the growing need for shelter in the State. The increase in the population of the State by low and middle income earners in further pursuit of enhanced economic status, motivated NSDC to invest in affordable housing. Also, NSDC is leveraging the State’s proximity to Abuja to provide affordable housing to civil servants and business people in Abuja that desire to own homes around Suleja, Madalla, Dakwa, Sabon Wuse, Diko, Garam etc. Currently ongoing around Bwari is a 40 hectares serviced plots and 500 housing scheme. Another 1000 housing project is nearing commencement along the same axis.
The geological location of Niger State endows it with mineral resources. Rich commercial deposit of various types of industrial minerals of high quality are available in the state which can be used both for domestic and export markets. Some of the viable solid minerals particularly are gold, talc, kaolin, tantalite, granite, marble, copper and lead. Considering the importance of this sector, the present administration has established a separate ministry of mining and solid minerals for effective and efficient exploration of the valuable resources. The state is open for partnership in areas of exploration and processing.
|1||Gold (22 – 24 carrat)||Available in all LGAs|
|2||Talc (Si02 63.5%) – 41 million metric tons||Rafi (Kamunu), Shiroro (Yarada – Erena) & Kontagora (Tungan Bako) LGAS|
|3||Kyanite||Rafi LGA (Assaya, Masuku & Guda hills, Maguga), Shiroro LGA(Agolo & Kuta)|
|4||Kaolin||Lavun (Wani SW, Jipan, Patigi & Patijuko hill), Gbako (Edozhigi & Gubaji), Mokwa (Kpaki),|
|5||Ball Clays||Edati (Shugbu west of Batati), Gbako (Lemu), Suleja (Abuchi), Minna (Kuyi), Agaie (Nami), Paikoro (Pago)|
|6||Graphite||Rafi (Kugu, Keribe & Apopogo), Minna (Beni)|
|7||Feldspar||Shiroro (Shiroro dam), Kontagora (Beri), Borgu (kuble)|
|10||Manganese||Shiroro (Budwi – Allawa, Masaka – Allawa, Ayaba – Dagwashi), Munya (Guni)|
|11||Mica||Shiroro (Allawa, Tambaji), Munya (Guni)|
|12||Lead & Copper||Suleja (Baba-Tsauni), Gurara (Izom)|
|13||Quartzite||Rijau (Dukku road) Gurara (Paikoro-Gurara Boundary)|
|14||Abbestors||Kontagora (River Kawo)|
|15||Iron Ore (High Quality)||Kontagora (Mahoro), Rijau (Erini), Magama (Agido & Majaba), Mariga (Kasuwan Ango)|
|16||Silica Sand||Gbako (Wuya Suman, Baggi & Nupeko), Katcha (Badeggi, Tsauchita & Kasanagi)|
|17||Granite||Rafi (Tegina/Kagara, Makangara & Kusherki series, Madaka, Ushema) Kontagora (Dutshe series)|
|18||Beryle||Kontagora, Bangi, Pandogari & Sarkin Pawa|
|19||Amethyst||Kontagora, Rijau, Bangi|
|20||Tourmaline||Rafi (Kagara), Munya (Sarkin Pawa) Edati (Kwale), Mariga (Shadadi)|
|23||Quartz Crystal||New Bussa, Rijau, Minna|
|26||Tantalite||Mariga (Jankwana), Shiroro (Zumba), Borgu (Wawa)|
|27||Hydro carbon (oil & gas)||Muregi (Mokwa), Bida Basin|
There are manufacturing industries both heavy and light spread across the State. The dominant ones can be found mostly along the Suleja-Kaduna road industrial axis. They include:
- Royal Ceramics Industry Suleja (Tiles & plumbing accessories).
- Queensway Aluminium Company Suleja (Aluminium roofing sheets & profiles).
- Aluminium Fabrication village in Gauraka-Suleja (doors, windows, shelves etc).
- Shelter Clay Products Company, Minna (burnt bricks & tiles).
- Diamond Carlys Paint Company, Minna (Emulsion, Gloss & Textured paints).
- Metal fabrications centre constructing different kinds of building elements and components scattered across the state.
Investment opportunities are still abound in the manufacturing and fabrication of construction. This is even made more lucrative because of the proximity of the state to Abuja, where massive construction works is taken place. The Tafa-Suleja-Madalla-Dakwa corridor offers lucrative potentials for investors to site their companies to take advantage of proximity to Abuja, Kaduna, Kogi & Nasarawa states
Niger State has over 56 tourist sites, thus it is one of the richest in the country in-terms of tourism. None of the tourist sites is fully developed. All are awaiting genuine investor and patronage. Government has embarked upon the strategic development of its tourism and Culture sector to transform the revenue base of the state. Through the PPP model, the state is pursuing the execution of the following projects: The Zuma Rock Tourist Resort Village; Suleja Twin City Development project; and the Gurara Water Fall Resort.
With a vibrant population, massive agricultural activities and other natural resources, Niger State is a centre of commerce. Daily or weekly, traders and merchants troop into the different markets and commercial centres scattered across the state to buy and sell different products like food stuffs, cash crops, livestock, textile, domestic necessities, and other finished products. So also, because of its location in central Nigeria, Niger State serves as a transit route for products either going far north or going south. This also promotes commercial activities. For investors, there exist opportunities in construction and management of markets, shopping centres/plazas, warehouses and production of consumables.
In addition to the existing Hydro Power Plants (Kainji/Jebba and Shiroro) in the state, NSDC is poised to partner with investors in setting up renewable energy plants in the State. Micro, Small and Medium Enterprises as well as heavy manufacturing industries in the State are in need of cost-efficient energy solutions outside the national grid that has been grossly inefficient. Therefore investing in this sector is quite promising considering availability of a ready market.