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By Ruth Tene Natsa
Mar 13, 2017

Mr ThomasThe President, Fertilizer Producers and Suppliers Association of Nigeria (FEBSAN), Thomas Etuh has said the Presidential Fertilizer Initiative has eliminated subsidy on fertilizer by saving at least N60billion in budgetary Provisions in fertilizer supply for 2017.
He also said the initiative “would boost foreign exchange savings of $200 million by maximizing local content”
Leadership recalls that the Presidential Fertilizer Initiative was born following the signing of a bilateral agreement by FEPSAN and OCP Morocco following the visit of the King of Morroco to Nigeria in December 2016.
The Agreement led to the setting up of the Presidential committee for the initiative chaired by the Executive Governor of Jigawa state, Alhaji Muhammed Abubakar with members drawn from FEPSAN, Ministries of Agriculture, CBN, Finance, Office of the NSA, Nigerian Sovereign Investment respectively.
Speaking while leading a delegation of Journalists and the Associations Monitoring Team to the Fertilizers and Chemicals Limited Company in Kaduna Yesterday, the President said the Initiative is a child born out of expediency.
” This idea came out of the need to solve the problem of of perennial unavailability and inaffordability of fertilizers and more recently the sharp increase in the price of NPK fertilizer which reached an all time high of between N9000 and N10,000 in 2016″ he said
Assuring that the Initiative would crash the price of fertilizer from its current price to N5,500 only, he said “the Initiative would further enhance food supply through the expected increase in food production”
Speaking on the immediate benefits of the program, Mr. Etuh said “the initiative will avail Nigerian farmers one million metric tonnes of NPK fertilizer for 2017 wet season farming and 500,000 metric tonnes for 2017 dry season farming.
“It would eliminate subsidy on fertilizer by saving at least N60billion in Budgetary Provisions for fertilizer supply for 2017, foreign exchange savings of $200m by maximizing local content and enhance food supply through increase in food production “he added
Stating that FEPSAN working with the NSIA was mandated to drive the lead to achieve full and maximum execution of the Initiative, he assured that they had commenced activities including receiving raw materials from their foreign suppliers and discharging of raw materials at the ports and trucking to the various blending plants.
He said “production has started in not less than six of our blending plants while others are under maintenance and should be joining before the end of April.
He further asserted that finished products have started to some states and Agro dealers, stating we have supplied more than 23,000 MT already to Jigawa, Kebbi and some dealers respectively.
The FEPSAN President said through long term contracts, FEPSAN was able to secure favorable pricing for the imported raw materials, specifically DAP from Morroco and MOP front Europe and Russia while Limestone Granules (LSG) was negotiated from the West African Fertilizer Company Limited Okpella, Edo.
He added that the Presidential Committee on Fertilizer with NSIA successfully negotiated for the required quantity of the supply of Urea one of the local raw materials from Indorama and Notore in Port Harcourt.
Speaking further, Managing Director of Fertilizers and Chemicals Limited Om Prakash Pandya said cost of production is neck to neck with the system but because quantity will be more and the states will be paying timely the paying would be neck to neck”
He assured that on sustainability “If funding is sustained to the manufacturers we would not have any problem”
Pandya noted that “while blending plants was not a very profitable business it was hopeful that with the high demand and the hope that states governments pay in time the project could make some profit “Because you are employing so many people, you have so many taxes and you have many responsibilities on your head”
He posited that “while the company had a 500,000 capacity, they were only producing 300,000 under the initiative”
https://leadership.ng/news/577161/fertiliser-production-fg-initiative-saves-n60b-for-2017-fepsan

World Food Day 2017

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57th Independence

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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

  • 3rd AFAAS Africa-Wide Agricultural Extension Week 2017, Date: 30 October to 3 November 2017. Venue: Durban, KwaZulu Natal, 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
  • Argus Africa Fertilizer 2018, Date: 26-28 February, 2018, Venue: Addis Ababa, Ethiopia. Read more

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

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