Tuesday, April 28, 2026
32.2 C
Lagos

FG Commends Indorama on Cheap Fertilizers for Farmers

The Presidential Committee on Fertilizer Initiative (PCFI) has expressed satisfaction with the participation of Indorama Eleme Fertilizer & Chemicals Limited (IEFCL) Port Harcourt, in the programme aimed at supplying NPK fertilizer to farmers nationwide at cheaper cost.
Chairman of the committee, Alhaji Mohammed Badaru Abubakar who is also the Governor of Jigawa State made this statement on Saturday, 4th February, 2017 when he visited the Indorama world-class fertilizer plant in the company of the President of the Fertilizer Producers & Suppliers Association of Nigeria (FEPSAN), Mr. Thomas Etuh and the Managing Director of the Nigerian Sovereign Investment Authority (NSIA), Mr. Uche Orji.
Alhaji Abubakar said he was impressed that Indorama has fully keyed into the Presidential Fertilizer Initiative whose goal is to help the Federal Government to achieve higher food production and food security in the country.
This is contained in a press release issued by the Head of Corporate Communications of Indorama-Nigeria, Dr Jossy Nkwocha.
“In supporting the Federal Government’s Fertilizer Initiative, Indorama will this year supply 360,000 metric tons of Urea to Fertilizer blenders, who in turn will produce NPK fertilizers and supply at cheaper price to the farmers across the federation.”
According to him, Managing Director of Indorama-Nigeria operations, Mr. Manish Mundra, received the team and conducted them round the Ammonia, Urea and Utilities plants which have capacity for 1.5 million metric tons of Urea fertilizer per annum and the largest single-line Urea plant in the world.
“At the Bagging section of the plant, the Presidential team inspected the specially packaged granular Urea bags meant for delivery to the blenders.”
Mr Mundra informed the team that the Ammonia section of the fertilizer plant is presently undergoing scheduled maintenance shutdown to optimize its ammonia production and reduce energy consumption, activities that will enhance Indorama’s participation in the Federal Government Fertilizer Initiative.”
“The shutdown of the Ammonia plant is part of Indorama’s excellent maintenance culture and innovation, and the plant will be re-started on 24th February,” Mr Mundra assured.
Governor Abubakar said he was quite impressed with Indorama’s operations especially in helping the Federal Government to achieve its agricultural transformation agenda. “I must say that I am impressed that Indorama is supporting the Federal Government initiative. This is one of the initiatives to bring down the cost of food items in the country”, the Chairman said.
President of FEPSAN, Mr Etuh, also commended Indorama for keying into the Federal Government Initiative and promised that members of the association, especially the blending plants will make the best use of the opportunity to facilitate greater crop harvest this year.
Indorama has supplied about 250,000 metric tons of granular Urea fertilizer to farmers nationwide since June 2016 when it commenced production.

Through import substitution, the company has helped the Federal Government to save foreign exchange and also earn scarce forex through the export of its surplus production after meeting domestic demand.

spot_img
spot_img
spot_img

Hot this week

P+ Beats Three Agencies to Win NSIA Media Intelligence Business

P + Measurement Services Limited - (P+) has won the...

RANKED 2026 Report: Nigeria’s Digital Media Traffic Drops 26% as AI Reshapes News Consumption

Nigeria’s digital media ecosystem recorded a 26.2% decline in...

Mutual Benefits Pays ₦13.6bn Claims in Q1 2026, Reinforcing Trust in Insurance

Mutual Benefits Assurance Plc has announced the payment of...

Unity Bank, Experts Advocate Green Investment, Climate Innovation to Drive Economic Resilience

Nigeria’s retail lender, Unity Bank Plc, alongside leading climate...

Moniepoint Redefines Nigeria’s Agency Banking via Track Record, Unique Services 

Moniepoint Microfinance Bank (Moniepoint MFB) has reaffirmed its leadership...

Topics

Inflation Climbs to 22-Month High of 12.2%

The Consumer Price Index report released yesterday shows that...

Digital Content Spend to Top $180bn in 2017

A new study from Juniper Research has found that...

NAICOM, PenCom Unveil MoU on Annuity, De-marketing of Operators

Mr. O.S. Thomas Commissioner for Insurance NAICOM The National Insurance Commission (NAICOM)...

Samsung Showcases Innovative Products at 2016 Samsung Africa Forum

Samsung Electronics Company Limited yesterday unveiled its product line-up...

Unity Bank Champions Digital Literacy, Innovation for Youth Empowerment 

In line with its commitment to supporting youth empowerment...

‘Tier-Based Capitalisation Poses Threat to Insurance Sector’

Dr. Akin Ogunbiyi, Chairman, Mutual Benefits Assurance Plc has...

NNPC Reports Helicopter Incident En-Route NUIMS-ANTAN FPSO

On the 24th of October 2024, about 11:22am, we...

Fidelity Bank Champions Africa’s Export Growth at FNITCC Atlanta 2025

Leading financial institution, Fidelity Bank Plc has announced plans...
spot_img

Related Articles

Popular Categories

spot_imgspot_img