FG promises farmers enough fertilizer as it slashes price by 30 per cent

Reading Time: 2 minutes

[Abuja]–The Federal Government said yesterday that adequate provision has been made for farmers across the country to have enough fertiliser to grow food throughout the year.

The Chief Executive Officer, Nigeria Sovereign Investment Authority (NSIA), Mr Uche Orji, made this known in an interview with the News Agency of Nigeria (NAN) in Abuja.

“Last year fertiliser was sold as high as N14,000 a bag in the open market.

“And now we are selling it for N5,500, that is 30 per cent below what the market was. The price is boldly written on the fertiliser bag so you can’t be cheated.

“We have the capacity to blend what the nation needs and this year, fertiliser will not be an excuse for farming in Nigeria.

“Anybody who tries to sell it more than that, there is a whistleblower number and when you call, then, the National Security Adviser would be involved to investigate,” he said.

Orji, in a report by DailyTrust, said that this year would be different from last year, because Nigeria now has the capacity to blend and produce fertiliser locally.

He said with the help of the NSIA, 12 out of the 28 existing fertiliser blending plants scattered across the country have been resuscitated.

He said the plan is to refurbish additional 6 blending plants by 2018.




Copyright 2017 The Page. Permission to use quotations from this article is granted subject to appropriate credit being given to www.thepageng.com as the source.

Comments

comments

Leave a Reply

Your email address will not be published. Required fields are marked *