Tinubu: Fertiliser reforms shield Nigeria from global supply shocks, save N61.6bn

President Bola Tinubu

President Bola Tinubu on Thursday declared that his administration’s reforms in the fertiliser value chain have insulated Nigeria’s agricultural sector from global supply disruptions, saying the government’s food security commitments under the Renewed Hope Agenda are already delivering measurable results.

 

The President credited the Ministry of Finance Incorporated (MOFI) and the National Agricultural Development Fund (NADF) with driving interventions that have strengthened local fertiliser production, expanded farmers’ access to critical inputs and reinforced the country’s food security framework.

 

Reflecting on the impact of the Presidential Fertiliser Initiative (PFI), now restructured under MOFI, and the Renewed Hope Farm Input Support Programme (RH-FISP) being implemented through NADF, Tinubu said his administration moved early to shield Nigerian farmers from escalating global fertiliser costs and supply-chain disruptions arising from geopolitical tensions and conflicts in major producing regions.

 

“When we came into office, we made a promise to Nigerians that food security would be a major pillar of our Renewed Hope Agenda. We promised to support our farmers, strengthen local production, reduce dependence on imports and build an agricultural system strong enough to withstand shocks from beyond our borders. That promise is being kept,” the President said.

 

According to him, the government responded proactively to mounting global pressures by strengthening procurement systems, securing critical raw materials, entering forward supply agreements and improving coordination across the fertiliser value chain.

 

Tinubu disclosed that more than 449,000 metric tonnes of fertiliser inputs, equivalent to about nine million bags, had been secured as of May 2026, with ten vessels either already discharged or on their way to Nigeria.

 

He added that the country remains on track to deliver a 1.1 million metric tonne fertiliser programme this year, translating to about 22 million bags nationwide.

 

The President further revealed that strategic contracting arrangements for key fertiliser inputs generated savings of N61.58 billion in 2026 alone, helping to moderate prices and improve affordability for farmers.

 

He noted that Nigeria now has more than 90 operational fertiliser blending plants, the largest blending capacity in Sub-Saharan Africa, creating jobs, supporting local industry and strengthening agricultural resilience.

 

While commending MOFI for stabilising supply and supporting local blending plants, Tinubu stressed that the ultimate goal remains ensuring fertiliser reaches farmers when they need it most.

 

“Securing inputs and keeping blending plants active is only the first step. The real test is last-mile access—getting fertiliser to the farmers who need it, when they need it,” he said.

 

The President also praised NADF for implementing the Renewed Hope Farm Input Support Programme, through which 515,720 bags of locally produced fertiliser are being distributed to 128,930 smallholder farmers across 25 states and the Federal Capital Territory during the current planting season.

 

He further commended the agency’s efforts to promote modern farming practices through digital extension services, harmonised fertiliser application guidance and targeted support for priority crops such as rice, maize, cassava and soybean.

 

Reaffirming his administration’s commitment to boosting agricultural productivity and reducing food inflation, Tinubu pledged sustained support for farmers and agricultural value chains.

 

“Our administration will not relent in its efforts to strengthen Nigerian agriculture and protect food security for every Nigerian.

 

This is the meaning of promise made, promise kept. We will continue to take practical steps that improve productivity, support our farmers and secure our nation’s food future,” he said.

 

Why this angle works: It leads with the strongest news value, Nigeria’s claimed insulation from global fertiliser shocks, while bringing in the N61.6 billion savings, the 22 million-bag target and the broader food security narrative. This gives the story greater national and economic significance beyond a routine commendation of MOFI and NADF.

Join Our Channels