emphatic assurance that the project would give a huge fillip to Nigeria’s agricultural sector, which revitalisation has been a focal point of his administration’s economic policy.
According to him, the federal government is now determined more than ever before to provide enabling environment for private sector investors to thrive, adding that his government would continue to improve on infrastructure, power, security and enact relevant laws and regulations that would drive investments in the economy.
According to him, the Fertiliser plant, which is the largest granulated Urea fertiliser complex in Africa, occupies 500 hectares of land, was built at a cost of $2.5 Billion, and is expected to reduce drastically level of unemployment and youth restiveness in the country through employment opportunities. To him, the plant is expected to generate new jobs with top quality fertiliser being available and in sufficient quantities for the farmers.
“Studies have shown that applying the right fertiliser to the soil will boost productivity. This service is to cover all the geopolitical zones, and will surely change agricultural landscape in the country by transforming farming into a lucrative profession. The CBN governor described the fertiliser plant as timely considering the recent developments in the global market, where prices of wheat, fertiliser and crude oil spiked by over 20 per cent, following the start of the Russia – Ukraine war.
I didn't see this
I think at least for once, one can candidly hope for the boom really, being a privately owned business, the effect will truly reflect in the economy in no time.
Abeg getat!
Enough of this Monopoly.
Can we expect reduction in fertilizer price
We should be grateful for having Dangote for his willingness to invest his billions of dollars in Nigeria despite the security threat and terrorism. we are grateful
Hmmmm. Sir all u have predicated and promised have all become SAKA MAJE. No give dis one another bad luck ooooo.
I was there, live.
Imagine one man company fa