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Presidential Fertilizer Initiative Programme has commenced. Eleven blending plants are in now in full operation in different locations across the country. The fertilizer will be sold to farmers at a price of N5,500 per 50KG bag only by State Governments, registered distributors and dealers registered with FEPSAN. Intrested distributors/dealers to participate in the scheme can register with any of the blending plants and at FEPSAN office at No 1. NIDB Building, Muhammadu Buhari way, Kaduna. Whistle blower Nos: 08175777724, 08175077773

“We are looking at 25 million farmers” as stakeholders or depositors, Agriculture and Rural Development Minister Audu Ogbeh said in an interview with Bloomberg in Abuja. “We are probably going to take a major step by the end of this year, and by February, March, have a structure in place for the changes we want to carry out.”
Nigeria’s economy contracted in the first nine months of the year as output of oil, the government’s main source of revenue, dropped due to attacks by militant groups on pipelines in the Niger River delta and prices remained low. Farming, which mostly consists of crops including cocoa, accounts for more than 25 percent of gross domestic product, and has expanded every quarter of 2016, while factory output and mining, which includes the oil industry, shrank, according to the National Bureau of Statistics.
The Bank of Agriculture will start lending for farming projects at an interest rate of less than 10 percent, or less than half of commercial market rates, Ogbeh said.
The bank, created in 1972 to provide credit and technical support to farming projects, lent at least 41 billion naira to 600 businesses across Nigeria over 10 years, according to information on its website.
“It’s good to invest in the bank, but they should ensure they have proper management to improve its performance and efficiency,” the division head for agriculture at Fidelity Bank Plc, Musa Tarimbuka said.
“They have disbursed a lot of money over the past 40 years, and the non-performing loans are very high.”
The government plans to distribute 110 rice mills across the country over the next two months at a subsidy of 40 percent, Ogbeh said. These measures will help boost production and reduce food imports, which were worth about 1.2 trillion naira last year, according to statistics bureau data, he said.
http://www.financialwatchngr.com/2016/12/08/fg-plans-n1tn-capitalization-for-bank-of-agriculture/

Agriculture

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Fertilizer Brands in Nigeria

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Messages to Farmers

  • Obtain quality fertilizers from reputable suppliers especially FEPSAN members
  • Store unused fertilizer away from children, fire, rain and entry of foreign material.
  • Form groups/associations to benefit from group/association dynamics
  • Allow your crops to fully mature to get quality and value
  • Report adulterated fertilizer to the appropriate authority

Upcoming Events

  • International Training Organized by IFDC & IFA, Date: October 2 – 6 2017, Venue: Marrakesh, Morocco. Read more
  • International Conference Organized by I-conference / OCP, Date: October 18 – 19 2017, Venue: Abidjan, Côte d’Ivoire. Read more
  • 3rd AFAAS Africa-Wide Agricultural Extension Week 2017, Date: 30 October to 3 November 2017. Venue: Durban, KwaZulu Natal, South Africa.  Read more
  • IFDC’s 2-week USA Training & Study Tour, Dates: August 21 – September 1, 2017, Venue: USA (Alabama, Arkansas, Illinois, Missouri, Tennessee and Washington, D.C.)  Read more
  • AGRIKEXPO & NABG Conference 2017, Date: September 25-27, 2017. Venue: International Conference Centre, Abuja, Nigeria,.Read more
  • 31st Annual Argus FMB Europe Fertilizer conference, Date: 18 – 20 October 2017, Venue: W Hotel in Barcelona. Read more.
  • Urban Agri Summit 2017, Date: 7th - 8th September, 2017, Venue: Johannesburg, South Africa. Read more
  • IFDC International Training Program, Date: November 6-10, 2017, Venue: Arusha, Tanzania. Read more
  • 5th Addis Agrofood Agriculture, Agricultural Machineries, Food, Food Technologies and Packaging Exhibition, Date: 08-11 December 2017, Venue: Addis Ababa, Ethiopia. Read more

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Mission

To provide a platform for the stakeholders in the public and private sectors of the fertilizer industry to develop effective public private partnerships in order to ensure timely supply of adequate quantity and quality fertilizers; and to promote professional, moral and ethical practices in the industry.

Vision

Attain improved productivity and environmental sustainability of Nigerian Agriculture through balanced and judicious use of fertilizers....Attain improved productivity and environmental sustainability of Nigerian Agriculture through balanced and judicious use of fertilizer...................................................................................................................................................................................................................................................................................................................................................................................................................................................................

Contact

2nd Floor Bank of Industry Building
18 Muhammad Buhari Way, Kaduna, Nigeria.
Mobile: +234 (803) 3174409
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2nd Floor Bank of Industry Building 
18 Muhammad Buhari Way, Kaduna, Nigeria. 
Mobile: +234 (803) 3174409...................sssss