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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

Managing director of Keystone Bank, Mr Philip Ikeazor, who disclosed this in Lagos, underscored the importance of financial institutions in driving the agricultural sector, saying “financial institutions have a crucial role to play in providing support to players along the agriculture value chain and the CBN’s initiative of the Anchor Borrowers Programme is a step in the right direction.
“Financing in agriculture is one factor of production, which facilitates the acquisition, procurement and management of the other factors of production such as land, expertise and management.”
According to experts in the agriculture sector, the low volume of business in the rural areas where poverty is most prevalent cannot guarantee sustainable business activities to encourage the establishment of commercial banks to provide the needed finance for agricultural production.
Moreover, the cost implication of processing agricultural loans in the rural economy makes it unattractive for conventional banks to channel their resources to farming. Although, the commercial banks finance agricultural activities but their credits are urban-based and so small that their impact cannot be felt in the rural areas where farming actually takes place.
Lack of priority attention to rural population in credit delivery by commercial and other banks in the economy contributed to the depressed economic conditions in the rural economy, and this situation also affects the overall economic growth and development of the nation.
With the recent focus of the federal government of Nigeria on diversification of the economy, agriculture is being promoted in many quarters as the next frontier in driving the economy of the nation. The reason is not farfetched as agriculture was the major export industry before the discovery of crude oil in the late 1950s with cocoa, groundnut, palm oil being major export products among others.
The Anchor Borrowers’ Programme, which was initiated by the CBN as a sub-shoot of the Micro, Small and Medium Enterprises Development Fund (MSMEDF) was created to support farmers and increase their production capacity. About N19billion was disbursed in the last farming season with reported 90 per cent success rate.
https://www.today.ng/business/finance/263046/keystone-bank-boosts-agric-n350m-credit-1700-farmers

Agriculture

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Fertilizer Brands in Nigeria

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Messages to Farmers

  • Apply fertilizer wisely to avoid wastage
  • Attend trainings on fertilizer use and application
  • Obtain quality fertilizers from reputable suppliers especially FEPSAN distributors
  • 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 values
  • Report fertilizer adulteration to the appropriate authority

Upcoming Events

  • Fertilizer Outlook & Technology Conference, Date: 13 - 15 November, Venue: Jacksonville, Florida, USA Read more
  • Bringing Balanced Fertilizers to Smallholder Farmers Training, Date: November 19 - 23 2018, Venue: Abuja, Nigeria Read more

Some Useful Links

Golden Fertilizer         ||     TAK Agro
Notore
                         ||      Indorama
Chicason Group          ||      Dangote
CountrySTAT              ||     Farm Cafe Nigeria
FAO                            ||      USAID
IFDC                           ||      NABG
World Bank              ||     AFDB
IFAD                           ||     JICA

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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