We are NSDC!
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). NSDC is wholly owned by Niger State Government with the aim of promoting economic development through industrial, commercial and entrepreneurship growth in the state.
The 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.
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.
-NSDC
Mission Statement
- To set up ventures that support large, medium and small enterprises towards wealth creation for both the State and her citizens.
- To spearhead and provide the infrastructure that serves as the bedrock for the economic advancement of the State.
In realizing our vision and mission, we - Serve as a catalyst for the overall economic and industrial development of the State.
- Secure multi-sectorial investments that span agriculture, real estate, manufacturing amongst others.
- Accelerate and implement government policies in areas of developmental projects.
- Serve as investment advisory to Government.
- Effectively manage the company’s equities portfolio with a view to ensuring optimum growth and performance.
- Undertake technical and financial appraisal of project feasibility for both state government and private investors.
Vision Statement
To become one of Nigeria’s leading State-owned investment and development enterprises.
Other Business Areas
Human Resource
Handling of competency-based job descriptions with expected performance and behavioral outcome to employees
Corporate Social Responsibility
Job creation through the company’s different projects and ventures. Community development projects which includes intervention in water supply and sanitation through drilling of boreholes in villages suffering from acute short water supply, medical outreach programmes, donation of educational materials to basic public schools.
Corporate Governance
The Board of Directors is the highest decision making body of the organisation without any form of interference. The Board is composed of men of high integrity and business acumen who make sound business policies and provide strategic direction for the company.
Stakeholder Management
At NSDC, we have a near perfect relationship with both our internal and external stakeholders. The internal stakeholders are our passionate and committed workforce while the external stakeholders are all of the government institutions, regulatory bodies and most importantly our business environment.
Our Board Of Directors
ALH. SHUAIBU I. GWADA
Alhaji Shuaibu Gwada is an excellent leader with management dexterity, he is also characterized with simple nature, and honesty and uncommon courage are some of his attributes. His formative years were characterized
FATIMA WUSHISHI
Fatima Wushishi is the Director General of the Niger State Commodity and Export Promotion Agency (NSCEPA). Prior to that, she was the Chief Operating Officer and Co-founder of 5th Harvest Ltd
MALLAM ZAKARI ABUBAKAR
He is a man of integrity, who held positions of authority and has highly added value to the organization and state. He currently holds a position of influence and making impact and leaving legacies for posterity
HON. MAHMUD MOHAMMED
He is a man of integrity, who held positions of authority and has highly added value to the organization and state. He currently holds a position of influence and making impact and leaving legacies for posterity
ASABE A. AHMED
Mrs. Asabe is holder of Bachelor of Education from the Prestigious Ahmadu Bello University Zaria and a Masters in Public Administration from Nigerian Defense Academy Kaduna. She joined the Ministry of Education where
DR. MUSTAPHA M. JIBRIL FCNA, FICM, MCITN
Dr. Mustapha Mohammed Jibril is a politician and public health physician with more than 18 years of progressive experience in Nigeria’s public health and political sectors. I hold a Bachelor of Medicine; Bachelor of Surgery (MBBS)
ENGR. ADAMU ALFA ABU
He is a man of integrity, who held positions of authority and has highly added value to the organization and state. He currently holds a position of influence and making impact and leaving legacies for posterity
Dr. MOMOHJIMOH A. UMAR
Dr. Momohjimoh A. Umar holds a PhD in Business Administration (with specialization in financial management) from North central University Arizona USA, MBA/IBF (Distinction Grade)
ALHAJI ISAH JIBRIN FCNA, FICM, MCITN
ALHAJI ISAH JIBRIN was a director in the Federal Civil Service before he retired in December 2012. He rose to the position of Director Treasury in Niger State Ministry of Finance prior
MALLAM HASSAN NUHU
Mallam Hassan Nuhu is the CEO of Newgate Nigeria Limited the parent company of Newgate College of Health Technology, Newgate Consult Limited, Newgate Comprehensive Academy and Minna Business School
ALH. ABDULRAHMAN BUHARI
He is a man of integrity, who held positions of authority and has highly added value to the organization and state. He currently holds a position of influence and making impact and leaving legacies for posterity
Executive Management
Dr. MOMOHJIMOH A. UMAR
Dr. Momohjimoh A. Umar holds a PhD in Business Administration (with specialization in financial management) from North central University Arizona USA, MBA/IBF (Distinction Grade)
ISIAKA O.S OGIDO
Isiaka O.S. Ogido holds a Bachelor’s Degree in Accountancy from the University of Nigeria, Nsukka. He is also an associate member of the Institute of Chartered Accountants of Nigeria (ICAN)
Garba Yusha’u Kontagora (AMNIM, AMNIQS, RQS)
A Graduate of Federal University of Technology Minna, with B.Tech Quantity Surveying.
YUSUF-ALIYU
He is a holder of Bachelor’s of Science Economics/ Political Science (Combined Honour) from Bayero University Kano in 1989 and Master’s degree in Business Administration from Abubakar Tafawa Balewa University Bauchi
TASALLA JIYA
Tasalla Jiya holds Bachelors and Master’s Degree in law from the University of Ibadan. She is a corporate governance and certified Alternative Dispute Resolution (ADR) specialist
UMARU AMINU YANDAYI
He is a holder of Bachelor’s and Master’s degree in Business Administration from Ahmadu Bello University Zaria. He is also a Certified Public Accountant
ADAMU-GARBA KUTA
Adamu is a 1995 second-class upper graduate of Business Administration from Ahmadu Bello University. Zaria, and a trained Chartered Accountant of the prestigious Institute of Chartered Accountants of Nigeria (ICAN)
Other Management Staff
YARIMA MOHAMMED
Mohammed Yarima holds Bachelors and Masters Degrees in Law from the University of Abuja and an MBA from the University of Bolton United Kingdom. He joined NSDC in 2009 as a Corporate Counsel
MARYAM UUMAR
Mohammed Yarima holds Bachelors and Masters Degrees in Law from the University of Abuja and an MBA from the University of Bolton United Kingdom. He joined NSDC in 2009 as a Corporate Counsel
OYEWALE OLUSHOLA M.
He is a holder of Bachelor’s in Mathematics and Computer Science and Master’s degree in Applied Mathematics from Federal University of Technology Minna. He is also a Microsoft Certified Technology
Assets and investments
With an asset base of N7bn, t
he company has investments spread across equities, real estate, hospitality, manufacturing and agriculture.
- In the real estate sector, the company is currently executing N1.8bn International Market and Motor Park project in Rafin Sanyi Suleja and another N1bn Garam Model City in Tafa Local Government Area of Niger State. We also boast of commercial properties in Minna, Abuja, Kaduna, Lagos in addition to an ongoing 500 mass housing scheme and another 2,000 mass housing , which is about to kick off through the Federal Integrated Staff Housing (FISH) programme of the Federal Government. Both projects are in Garam, 18km away from the nation’s Federal capital Territory City, Abuja.
- In the hospitality sector, we own and manage a 3- star 50-Room NSDC Hotel & Suites (www.nsdcsuites.com) in Minna and the Justice Idria Legbo Kutigi International Conference Centre with 1,500 seating capacity hall, 300 seating capacity medium sized hall, a restaurant, swimming pool and VIP waiting rooms.
- NSDC is also a key player in manufacturing, where considerable stake is held in Niger Detergent Bida, Niger Products Limited Minna and Niger Flour & Feed Mills Minna.
- We also hold 15% stake in Badeggi Rice Processing Company Limited located in Badeggi Niger State.