MOFI to lead Nigeria’s fertiliser reform under PFI transition

The Ministry of Finance Incorporated (MOFI) is set to take over the management of the Presidential Fertiliser Initiative (PFI-NPK) Limited, as the Nigeria Sovereign Investment Authority (NSIA) prepares to exit its co-management role by November.

The handover is part of a transition strategy aimed at ensuring continuity and greater efficiency in Nigeria’s fertiliser value chain.

A stakeholders' meeting held in Abuja brought together Armstrong Takang, MOFI CEO, and Aminu Umar-Sadiq, NSIA CEO, alongside officials from the Federal Ministry of Agriculture, FEPSAN (Fertiliser Producers and Suppliers Association of Nigeria), and other private sector players. The gathering focused on how to maintain momentum and build on the initiative's successes.

Takang highlighted the progress the PFI has made in transforming Nigeria’s fertiliser ecosystem. “Over the years, the PFI-NPK programme has played a role in transforming Nigeria's fertiliser ecosystem, from expanding domestic blending capacity to enhancing farmers' access to quality fertilisers and advancing national food security objectives.”

He stressed the importance of continuous stakeholder collaboration, added, “The 2025 PFI-NPK Stakeholders' Roundtable, themed: 'PFI: A journey of Reform, Partnership and Transition', was carefully chosen to appreciate stakeholders for their long-standing commitment to the PFI, and to also serve as a reminder to all parties that the journey ahead requires even greater effort if more remarkable successes are to be recorded.”

Takang also addressed concerns over fertiliser adulteration and raw material diversion. He said, “We will put in a place a traceability mechanism through which we will be able to trace the raw materials that are imported to the point of production of the fertilisers and we will follow the fertilisers from the plants to the farmers who are the end-users.”

He called on fertiliser blenders to take part in self-regulation, added, “Adulteration affects their businesses, so they have a responsibility to self-regulate and see to it that no one is allowed to do anything that compromises the quality of fertilisers.”

MOFI is committed to supporting PFI-NPK Limited through its management company, ensuring continued growth and sustainability.

Aminu Umar-Sadiq, NSIA CEO, noted the PFI’s achievements since its 2016 launch, especially the increase in fertiliser blending plants from four to 92 nationwide. He said,“The PFI is a model of what collaboration between public institutions, and the private sector can achieve. We remain committed to strategic partnerships that enhance positive socio-economic outcomes for Nigerians.”

Originally established to stimulate local fertiliser production, ensure affordability for farmers, and boost food security, the PFI is now entering a new phase aimed at deeper reform and expansion under MOFI’s full leadership.