NIGER STATE DEVELOPMENT COMPANY LIMITED.
Niger State Development Company (NSDC) Limited was incorporated in 1980 as a wholly State-owned enterprise with the core objective of driving the State’s investment and strategic developmental initiatives by leveraging on the private sector.
The company has grown to become a reliable investment firm with a diversified yet balanced portfolio that guarantees delivery of quick yields as well as long term returns on investment. This much is evident the Company’s efficient management of real and financial assets.
Why you should choose NSDC.
Our leadership structure comprises a Board of Directors that sets strategic direction and an Executive Management that oversees the day to day running of the company. NSDC is generally regulated by CAMA and specific Federal and State legislations that may from time to time relate to the company’s areas of operation.
Booking of Hon. Justice Idris Legbo Kutigi International Conference Centre
Suleja International Market
Niger State Development Company (NSDC) Limited is a special purpose vehicle for the State. It was incorporated in 1980 as a limited liability company under the Companies and Allied Matters Act (CAMA).
About Niger State
Niger State was created on 3rd February, 1976 from what used to be called North-western State. It has 25 Local Government Areas and lies between Latitude 3.200 East and Longitude 11.300 North. It covers a total land area of 83,266,779 square kilometers which represents about 10% of the total land area (the largest) in Nigeria. About 85% of the land is arable.
Niger State is rich in history and that gives it a pride of place in Africa’s most populous nation. The name ‘Nigeria’ was actually derived from Niger, the major river running through the State. The name was given by Lord Luggard’s spouse while they lived in Niger State.
Nigeria’s first indigenous President, Dr. Nnamdi Azikiwe was born in Niger State in a town called Zungeru.
Location of Niger State
Niger State occupies strategic location in the geo-political structure of Nigeria. It also serves as a conveyor belt for the transportation of finished products to all parts of Nigeria via railway and road networks. Added to this is the State proximity to Nigeria’s Federal Capital Territory; ABUJA.
The population of Nigeria & Niger State
- The current population of Nigeria is 211,842,950 as of Monday, August 16, 2021, based on Worldometer elaboration of the latest United Nations data.
- Nigeria 2020 population is estimated at 206,139,589 people at mid year according to UN data.
- Nigeria population is equivalent to 2.64% of the total world population.
- Nigeria ranks number 7 in the list of countries (and dependencies) by population.
- The population density in Nigeria is 226 per Km2 (586 people per mi2).
- The total land area is 910,770 Km2 (351,650 sq. miles)
- 52.0 % of the population is urban (107,112,526 people in 2020)
- The median age in Nigeria is 18.1 years.
As of 1961, the land area now called Niger State had a population of 1,194,508. The 1991 population figure indicated a total of 2,421,581 inhabitants. The 2006 population figure was 3,954,772 while by 2016, it was estimated to be 5,556,247.
Niger State Soil
Like most alluvial soils, the soil in Niger State is the flood plain type and is characterized by considerable variations. It is of two main types; Ku-soil and Ya-soil, which could be used for agriculture and are rich in minerals for the manufacture of various products.
Niger State Climate
Niger State experiences distinct dry and wet seasons with annual rainfall varying from 1,100mm in the Northern to 1,600mm in the Southern parts of the State. The Maximum temperature (not usually more than 340C) is recorded between March and June, while the minimum is usually between December and January. The rainy season lasts for about 150days Northern parts about 120days in the Southern parts of the State.
Agriculture in Niger State
Niger State is blessed with rich arable land that lends itself to agriculture nearly all-year round. The State agricultural outputs cuts across all crop horizons, including food and cash crops, major ones being sorghum, maize, rice, millet, cowpea, yam, cassava, sweet potatoes, groundnuts, soybeans, melon, vegetables of all kinds and cotton.
Food processing and animal husbandry thrive in the state and there is so much room for more investors in the sector.
Solid minerals found Niger State
Niger State is home to an astonishing variety of marketable solid minerals and gem stones. A World Bank sponsored Airborne Geographical Survey put Niger squarely in Nigeria’s new-found Gold producing belt. Besides the chief of stones, such other minerals as kyanite, ball clay, kaolin, talc, marble, lead, feldspar, copper, graphite, iron, mica, silica, and quartzite can be found here in commercial quantities. With well-certified National Geographic Data and functional cadaster system, the wealth of this land is the investor’s for taking, and many incentives are provided by the government to accommodate them.
Power in Niger State
Kainji, Jebba and Shiroro are Nigeria’s three major Hydro-power stations providing much needed power for the entire nation for years. The location of these power stations in Niger is reason the state is known as the “Power State” of the nation.
The situation gives investors reason to come to Niger State…The power is here.
Tourism in Niger State
Niger State has comparative advantage in tourism potentials and water resources. Gurara falls is a major tourist attraction. Similar tourist sites dot the landscape, such as Kainji National Park, Mokwa cattle ranch, Zuma rock, and historic sites at Zungeru.
Our Assets & investments
We hold 15% stake in Badeggi Rice Processing Company Limited…
In the real estate sector, the company is currently executing N1.8bn…
In the hospitality sector, we own and manage a 3- star 50-Room…
manufacturing & agriculture
NSDC is also a key player in manufacturing, where considerable stake…