PRESIDENT Muhammadu Buhari says Nigeria is on the way to becoming the commodity’s powerhouse on the African continent, attributing it to the country’s rising profile in fertiliser production due to the implementation of the right policies by his administration.
He made the declaration at the Presidential Villa, Abuja during an audience with the Executive Committee of the Fertiliser Producers and Suppliers Association of Nigeria (FEPSAN).
He said: ”With our over seventy blending plants operating, Nigeria is on its way to becoming Africa’s fertiliser powerhouse. And with our mega Urea production facilities, Nigeria is definitely a global player in the Urea space.”
According to a statement issued by Femi Adesina, Special Adviser to the President (Media & Publicity), the President remarked that this remarkable achievement, in a very short period of time, had ensured a steady flow of investments to the sector from the private sector; bringing prosperity to millions of Nigerians and good returns to the investors.
He expressed delight that the era of persistent shortage of fertiliser in the country was now a thing of the past, commending FEPSAN for partnering with the Government in the very patriotic backward integration project of enhancing the agricultural value chain.
President Buhari used the occasion to recount steps taken by his administration to limit overreliance on imports, ensure the availability of the commodity and achieve self-sufficiency in food production in the country.
The statement further quoted him as saying: “When this administration came to office in 2015, our focus was on three key areas; Security, Economy and tackling corruption.
“For every nation to have peace and prosperity, its economy must be inclusive.
“For Nigeria, a predominantly agrarian nation, having an inclusive economy meant we needed to prioritise the enhancement of our agricultural value chain.
“We quickly identified the persistent shortage of fertiliser as a key reason for the low yields experienced in our farms.
“This historical scarcity of fertiliser was due to our over reliance on imports and the inefficient participation of the Government in distributing this essential commodity to the farmers.
“As a government, it was very clear to us that these practices needed to change. Nigeria is naturally blessed with most of the raw materials needed to produce fertilisers.
“Nigeria has all the skills and manpower required to convert these raw materials to fertilisers. With the right enabling environment, Nigeria has the entrepreneurs who are ready to invest in the sector.
“So we went to work. And as the Chairman of FEPSAN mentioned in his remarks, the rest is now history.”