Saturday, April 18, 2026
26.4 C
Lagos

Business

Guinness Nigeria: N1tn Market Capitalisation Signals Strong Investor Confidence, Sustained Value Creation

Guinness Nigeria Plc has achieved a landmark milestone, surpassing...

Nationwide Voting Platform Empowers Consumers to Rate Brands, Public Institutions Based on Real Value, Trust, Service Delivery

  https://consumervalue.vercel.app/nominate In a bold step to deepen consumer voice and...

BOOK REVIEW: Personal Cost Control Strategies

  Author: Festus Abiodun Adebisi Publisher: Maximax Inc. Reviewer: Goke Ilesanmi Many people...

The Swift Ascendant Lands in Abuja: Martell’s Monumental Journey of Audacity Reaches the FCT

After kicking off in Lagos, Martell’s nationwide campaign, Martell...

PR Industry Leaders Hail Adejumoh’s Book, Advocate Strategic Shift in Practice

L-R: Chief Yomi Badejo-Okusanya (YBO), Chairman, Board of the...

ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

  Konga, Nigeria’s leading composite e-commerce platform has partnered with...

NCC Spotlights Renewable Energy on World Consumer Rights Day

  The Nigerian Communications Commission (NCC) has concluded arrangements to...

Governors, NCC Set for Broadband Awareness Forum Oct 20

All Nigeria State Governors are set to discuss how...

VerveLife 5.0 Gears Up for Nairobi, Lagos Events

Following a successful series of Verve Life 5.0 satellite...

Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

The Executive Vice Chairman of the Nigerian Communications Commission,...

Capital Market

NGX Group Commends Happy Woman Digital Platform Initiative, Seeks Partnership

Being text of the speech by Alhaji (Dr.) Umaru...

Nigeria’s Reforms Driving Strong Domestic Capital Mobilisation, Says NGX Group CEO

The Group Managing Director/Chief Executive Officer of Nigerian Exchange...

NGX Group, IFC, CSCS, WIMBIZ Convene Leaders to Advance Gender Equality at 2026 Ring the Bell Ceremony

Nigerian Exchange Group Plc (NGX Group), in collaboration with...

Insurance

NIA to Honour Past Governing Council Members

The Nigerian Insurers Association (NIA) is pleased to announce...

Nigeria Hosts 1st ECOWAS Brown Card Zonal Meeting 2026 in Lagos

‎The Commissioner for Insurance, National Insurance Commission, Mr. Olusegun...

Heirs Insurance Group, United Capital Partner on Self-Care, Wealth Event for Ambitious Women

Heirs Insurance Group, Nigeria’s fastest-growing insurance group, and United...

NAICOM Pledges Commitment to Labour Standards, Staff Welfare

The National Insurance Commission (NAICOM) reaffirms its strong commitment...

Business

Guinness Nigeria: N1tn Market Capitalisation Signals Strong Investor Confidence, Sustained Value Creation

Guinness Nigeria Plc has achieved a landmark milestone, surpassing...

Nationwide Voting Platform Empowers Consumers to Rate Brands, Public Institutions Based on Real Value, Trust, Service Delivery

  https://consumervalue.vercel.app/nominate In a bold step to deepen consumer voice and...

BOOK REVIEW: Personal Cost Control Strategies

  Author: Festus Abiodun Adebisi Publisher: Maximax Inc. Reviewer: Goke Ilesanmi Many people...

The Swift Ascendant Lands in Abuja: Martell’s Monumental Journey of Audacity Reaches the FCT

After kicking off in Lagos, Martell’s nationwide campaign, Martell...

PR Industry Leaders Hail Adejumoh’s Book, Advocate Strategic Shift in Practice

L-R: Chief Yomi Badejo-Okusanya (YBO), Chairman, Board of the...

ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

  Konga, Nigeria’s leading composite e-commerce platform has partnered with...

NCC Spotlights Renewable Energy on World Consumer Rights Day

  The Nigerian Communications Commission (NCC) has concluded arrangements to...

Governors, NCC Set for Broadband Awareness Forum Oct 20

All Nigeria State Governors are set to discuss how...

VerveLife 5.0 Gears Up for Nairobi, Lagos Events

Following a successful series of Verve Life 5.0 satellite...

Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

The Executive Vice Chairman of the Nigerian Communications Commission,...

Capital Market

NGX Group Commends Happy Woman Digital Platform Initiative, Seeks Partnership

Being text of the speech by Alhaji (Dr.) Umaru...

Nigeria’s Reforms Driving Strong Domestic Capital Mobilisation, Says NGX Group CEO

The Group Managing Director/Chief Executive Officer of Nigerian Exchange...

NGX Group, IFC, CSCS, WIMBIZ Convene Leaders to Advance Gender Equality at 2026 Ring the Bell Ceremony

Nigerian Exchange Group Plc (NGX Group), in collaboration with...

Insurance

NIA to Honour Past Governing Council Members

The Nigerian Insurers Association (NIA) is pleased to announce...

Nigeria Hosts 1st ECOWAS Brown Card Zonal Meeting 2026 in Lagos

‎The Commissioner for Insurance, National Insurance Commission, Mr. Olusegun...

Heirs Insurance Group, United Capital Partner on Self-Care, Wealth Event for Ambitious Women

Heirs Insurance Group, Nigeria’s fastest-growing insurance group, and United...

NAICOM Pledges Commitment to Labour Standards, Staff Welfare

The National Insurance Commission (NAICOM) reaffirms its strong commitment...

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.

Hot this week

Guinness Nigeria: N1tn Market Capitalisation Signals Strong Investor Confidence, Sustained Value Creation

Guinness Nigeria Plc has achieved a landmark milestone, surpassing...

Stanbic IBTC Asset Management Bags Top Asset Management Award 2026 by Global Banking & Finance Review

In a noteworthy achievement in Nigeria's asset management landscape,...

Tinubu Assents to N68.32tn Appropriation Bill, 2025 Budget Extension

President Bola Ahmed Tinubu has assented to the 2026...

Nationwide Voting Platform Empowers Consumers to Rate Brands, Public Institutions Based on Real Value, Trust, Service Delivery

  https://consumervalue.vercel.app/nominate In a bold step to deepen consumer voice and...

PenOp Appoints Anthonia Okoro as Chief Executive Officer

Pension Fund Operators Association of Nigeria is pleased to...

Topics

Microsoft Opens 1st Data Centres in Africa with Availability of Azure

Yesterday, Microsoft announced the opening of its first data...

P+Measurement, Media Monitoring Agency Celebrates 6th Anniversary

P+ Measurement Services, Nigeria's foremost Independent Public Relations...

Africa, ME IT Spend to Top $111bn in 2016

Annual IT spending in the Middle East and Africa...

Insurance Group Seeks Media Support for Market Growth

The Chairman of the Governing Council, Insurance Industry Consultative...

Africa Pension Awards 2O16

African countries now have the platform to showcase their...

Capacity Building: Polaris Bank Empowers over 5,000 Journalists Pan-Nigeria in 10 Years

Polaris Bank Limited has empowered more than 5,000 journalists...

NITDA Saves N3bn for FG via IT Process

The National Information Technology Development Agency (NITDA) has saved...
Exit mobile version