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By Olugbenga Adanikin
March 13, 2017

FGFertilizer cost reduced to N5, 500
To save extra N60 billion in 2017 budget
The President of Fertilizer Producer and Suppliers Association of Nigeria (FEPSAN), Mr. Thomas Etuh has said that the newly launched Presidential Fertilizer Initiative will save the Federal Government about $200 million of foreign exchange.
FEPSAN President disclosed this yesterday while monitoring the fertilizer project in Kaduna State, adding that it was a Public Private Partnership (PPP) model meant to reduce fertilizer cost to N5,500.
Etuh explained that the project was aimed to produce 1 million Metric Tonnes of NPK fertilizer for 2017 wet season farming and 500, 000 Metric tonnes for 2017 dry season farming.
He stressed that it will save the federal government another N60 billion in a budgetary provision for fertilizer in 2017.
According to him, as at December 2016, there were five fertilizer blending plants in the country, running at 10 per cent capacity but had been increased to 32 blending plants.
Major partners in this project are the Presidential Committee on Fertilizer and the Nigerian Sovereign Investment Authority (NSIA).
Etuh said: “We are monitoring some of the plants of the presidential fertilizer initiative which is a public-private partnership. Some of you will remember that FEPSAN signed an agreement with OCP of Morocco to order phosphate as one of the raw materials for the production of fertilizer.
“We only import 37 percent of the inputs we don’t have in Nigeria which is Urea and Limestone to get fertilizer to the farmers.
“From that 14th December 2016 to 14th February 2017, we gave farmers free gift. They start to receive fertilizer at N5,500. Agro-dealers also get theirs, when they come to a plant like this, they will pay N5000, they are supposed to pay for transport and others so they will sale for N5,500.
“This is a PPP arrangement, there is no subsidy at all. We will save government in six months about N60 billion and save the government about $200 million in foreign exchange.”
He added that “Thousands of jobs have been created within two months and more jobs will be created. There is a movement of trucks bringing raw materials from Lagos, Port Harcourt and other places to the blending plants.
“There are two drivers and two motor boys, multiply it by 5000. Again, we have a loader and off-loader of 15 persons. So, if you multiply it, we will arrive at 1.4 million jobs already created. This is the direct job being created and others that will be created outside the factory”
The initiative will be executed in five batches.
“In the first batch, 11 plants would be engaged. Three in Kaduna, two in Kano state, one in Funtua, Katsina state, one in Bauchi state, one in Plateau state, one in Niger state, one in Lagos state, one in Ebonyi state and production has commenced in the 11 plants across the selected states,” Etuh stated.
In his remarks, Managing Director, Fertilizer and Chemical Company, Kaduna, Prekash Pandya said the fertilizer processing plant has about 500, 000 capacity but will blend about 300, 000 metric tonnes for the presidential initiative.
He described the intervention as beautiful, such that it created jobs across the value-chain to the end users.

Pandya, while commending the federal government efforts, noted that about 50 trucks are being produced daily.
He said about 250 employees have been employed and extra 100 labours were engaged to load and off-load the fertilizers.
http://thenationonlineng.net/fg-save-200-million-fertiliser-initiative/

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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

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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...................................................................................................................................................................................................................................................................................................................................................................................................................................................................

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