Access to fertiliser key to food security, says OCP Boss
Improved access to fertiliser has been identified as a major key to increasing food production. Country Manager, OCP Africa, Caleb Usoh, at the second edition of the Agribusiness Summit, in Abuja, said there is a need to boost food production to keep up with the rapid population growth of the country.
Fertiliser policy has reduced price from N13,000 to N5,500, VP claims
Vice-president Yemi Osinbajo has said fertiliser blending programme in collaboration with Morocco has led to establishment of 11 blending plants with a capacity of 2.1million and a price drop from N13,000 per 50kg bag to N5,500. He disclosed this while delivering a convocation lecture at the University of Lagos (UNILAG) recently. He added that agriculture…
Fertiliser pushes CBN’s import prohibition list to 42
Central Bank of Nigeria (CBN), yesterday, made good its threat to increase items in the import prohibition list with the addition of fertiliser. The move was to raise the level local production of the item and save the foreign exchange expended on its importation. CBN governor, Godwin Emefiele, had, at the 2018 Bankers Dinner in…
‘FG to restrict importation of NPK fertiliser’
The Federal Government has disclosed plans to restrict importation of NPK fertiliser so as to encourage local blending plants to grow. The Director, Department of Farm Support, Mr Jarrod Ohaire, gave the indication in Abuja during a stakeholders’ meeting over regulations implementation of the fertiliser control, noting that although there had not been an…
Edo government refutes non-producing fertiliser plant allegation
Reacting to the allegation by the Peoples’ Democratic Party (PDP) that five months after Vice President, Yomi Osinbajo re-commissioned the non-functioning 60,000 tonnes Edo State Fertiliser plant in Auchi, Etsako West local government area of Edo state, the state government has rebuffed the allegation saying the factory was producing at optimum and ready to serve…
Multi-billion naira fertiliser company set for launch in Kano
Responding to the nation’s economic diversification, a Kano based businessman, Ali Yusuf Ibrahim, has acquired a multi-billion naira fertilizer company ...
Tambuwal directs security agencies to arrest, prosecute fertiliser middlemen
Gov. Aminu Tambuwal of Sokoto State has directed security agencies to arrest and prosecute fertiliser middlemen across the state.
Nigerian, foreign partners to build N121b fertiliser, power plants in Edo
“The (fertiliser) plant we are trying to build will cost $250 million, while the power plant will cost about $300 million. It is new day in Ologbo, we are going to build this new plant without looking for money because we have the money to build the plants. “The only thing we are asking the community is to cooperate with us, work with us, so that we can employ over 600 people in this community. The first time I came to Edo, I came to Ologbo and I have never had any problem with this community, so I am very grateful to you for that.”