EIGHTEEN fertliser blending plants have successfully been restored under the Presidential Fertilizer Initiative (PFI), according to the Fertiliser Producers and Suppliers Association of Nigeria (FEPSAN).
President of the association, Thomas Etuh, made the revelation in Abuja, stating that the revived plants are now functional.
According to Etuh: “We used to have six fertiliser plants working at 10 per cent capacity but with the introduction of PFI, we moved to 11 plants in the first phase and today, 18 out of the 32 plants are engaged in this programme.”
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He added that Nigeria would soon be an exporter of Nitrogen, Phosphorus and Potassium fertilizer, owing to the huge investment put into the industry in the last three years.
He also stated that: “I know that in the next two to three years, Aliko Dangote’s fertiliser plant will start production and others are also coming up. Currently, Nigeria is a net exporter of Urea-based fertiliser.”
“With Dangote plant coming on board and INDORAMA increasing to a second line, we will be producing about seven million tonnes of fertiliser. About 70 per cent of the fertiliser would be for export, while the remaining 30 per cent would be used within the country,’’ he posited.
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