By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Okay News
  • News
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Font ResizerAa
Okay NewsOkay News
Search
  • News
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Follow US
News

Nigeria-Moroccan Venture to Produce One Million Tons Of Fertilizer From Next Year

Farouk Mohammed
By
Farouk Mohammed
ByFarouk Mohammed
Publisher
Farouk Mohammed is the Publisher and Lead Editor of Okay News, an international digital news platform delivering verified reporting across technology, global affairs, business, innovation, and...
Follow:
Published: 2016/12/04
4 Min Read
Share
SHARE

 

An agreement signed between the governments of Nigeria and Morocco, anchored by Fertilizer Producers and Suppliers of Nigeria, and a Moroccan company, OCP will yield one million tons of fertilizer through local production for next farming season.

buhari-king-of-morocco-6

The Senior Special Assistant to the President on Media and Publicity, Garba Shehu, disclosed this in a statement on Sunday.

Shehu said the agreement would be a short term solution that will, by a signed agreement also force the price of fertilizer from N8,000 to a low of about N5,000.

He said in a Memorandum of Understanding also signed during the visit of King Mohammed VI of Morocco to Nigeria by President of FEPSAN, Mr. Thomas Etuh; and Chairman and Chief Executive Officer of the OCP Group, Dr. Mostafa Terrab , FEPSAN and OCP will come together to promote innovation in an effort to contribute towards productivity-led agricultural growth and improve farmer livelihood.

He said OCP which is a majorly state-owned company of Morocco is a world leader in phosphate and its derivatives, committed to the development of agriculture in Africa.

The presidential spokesman added that agreement also seeks to promote the use of agricultural inputs including access to adequate fertilizers as a major lever for improving agricultural productivity and farmers’ income.

He recalled that the Federal Government had set up the National Fertilizer Technical Committee under the auspices of the Ministry of Agriculture to put the country on the path of sustainable production of quality fertilizer for both local consumption and export.

He said, “President Buhari is aware that the Nigerian fertilizer industry possesses a blending capacity of four million tons of NPK annually and two million tons of production capacity for Urea with ability to employ over 250,000 people in both direct and indirect jobs across the country.
“But with less than 10 per cent of these production capacities currently being utilized, the Federal Government put in place the atmosphere for getting this Memorandum of Understanding in place.

“The specific areas of collaboration include: securing a supply of quality fertilizers by bringing in raw materials required for the production of the item in line with the crops and soils adaptable to Nigeria, for which the information will be supplied by the Federal Ministry of Agriculture.”
Other areas, according to him, are: strengthening blending capabilities by leveraging on technical know-how and engineering capabilities; stimulating product innovation and development through the deployment of the Moroccan expertise in producing scientifically recommended formulae adaptable to the needs of the Nigerian soil.

Also included are: strengthening capacity to ensure a timely supply of quality fertilizers in adequate quantities and in a cost –effective manner to rural areas as well as an efficient supply chain and improvement of logistics management, including warehousing and transportation services; and strengthening the agricultural extension services system.

He said, “Availability of fertilizer has been a major hindrance to farmers in their quest to embark on small, medium and large scale agricultural revolution, an issue that the present administration is committed to making a thing of the past.

“President Muhammadu Buhari has repeatedly stated the determination of his administration towards ensuring that food importation in Nigeria ceases by the year 2019. “

TAGGED:FertilizerMoroccaNIigeria
Share This Article
Facebook Pinterest Whatsapp Whatsapp Email Print
ByFarouk Mohammed
Publisher
Follow:
Farouk Mohammed is the Publisher and Lead Editor of Okay News, an international digital news platform delivering verified reporting across technology, global affairs, business, innovation, and development. He has over a decade of experience in journalism and international media, with a strong focus on geopolitics, conflict reporting, human rights, and the global digital economy.
Previous Article ‘That’s What B*tches Do’ – Kylie Jenner Claps Back at 21 Savage
Next Article Sanchez Is Unplayable But He’s Still Not World-Class – Shearer

Stay Connected

FacebookLike
XFollow
InstagramFollow
TiktokFollow
WhatsAppFollow

You Might Also Like

Finance

Oyedele Debunks Claims On Tax ID Requirements For Bank Accounts

By
Ogungbayi Feyisola Faesol
2 Min Read
GistNews

SGF George Akume Weds Queen Zaynab, Former Wife of Ooni of Ife

By
Adamu Abubakar Isa
1 Min Read
News

Niger Delta Group Demands Prosecution Of Interior Minister’s Accusers

By
Ogungbayi Feyisola Faesol
2 Min Read
Okay NewsOkay News
Follow US
2025 © Okay International Limited - All rights reserved
  • About Us
  • Advertising
  • Contact
  • Careers
  • Team
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

Continue with Facebook
Not a member? Sign Up