FILE PHOTO
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.”
ALSO READ: Nigeria at 58: Celebrating poverty
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.
IN a bid to strengthen security operations and safeguard assets amid rising operational risks, six…
THE International Monetary Fund (IMF) has highlighted a set of policy recommendations aimed at helping…
Being Smart – The best art is to be smart. Smartness to me, is everything…
Suspended governor of Rivers State, Fubara, has played down his possible return to the government…
Early in life, I decided to push my personal limits and conscientiously grow my leadership…
NIGERIAN banks recorded a negative opening balance of N255.02 billion in the first quarter of…
This website uses cookies.