Production Of 1m Tonnes Of Fertilizer is achievable - Says FG’sPresidential Committee
Presidential Committee on Fertilizer Initiative says that the Federal Government is dedicated to the actualization of producing one million tonnes of fertilizers in the country.
Mr Thomas Etuh, a member of the committee and National President, Fertilizers Suppliers and Producers Association of Nigeria (FESPAN), made this known in Okpella, Estako East Local Government Area on Wednesday.
Etuh
told the News Agency of Nigeria (NAN) that the fertilizer companies in
the country had the capacity to produce the one million tonnes.
“We
are working closely with the Federal Government to address the problems
associated with provision of fertilizers in the country."
“And the Federal Government one million metric tonnes of fertilizer production is achievable,” he said.
Etuh
said that the Federal Government’s fertilizer initiative was to
encourage local production and ensure affordable fertilizer to farmers
across the country.
“The aim of the
initiative is to encourage local production of fertilizer in order to
create more job opportunities for Nigerians, induce reduction of
inflation and reduce foreign exchange."
“A
bag of fertilizer goes between N8,000 and N9,000 a bag; with this
initiative, we will bring the cost of fertilizer down to N5,000 at the
plant and N5,500 to the farmers, and that saves a cost of over 30 per
cent for the farmers."
“Also it
will help bring food prices down, but more importantly, through this one
million metric tonnes of fertilizer programme, we are looking at the
country saving 200 million dollars foreign exchange yearly from this
programme,” he said.
The FESPAN chairman, however, assured farmers of quality supply of fertilizer across the country
“The
Federal Government has come up with good plans and we are ready to
support government so that enough fertilizers will be supplied to our
farmers in all farming seasons,” he said.
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