twitter RSS Feed linkedin acp contact

Nigeria inaugurates new fertiliser plant in Port Harcourt

Yemi Osinbajo, acting president of Nigeria has inaugurated the new US$1.5bn fertiliser plant in Port Harcourt, which was built by Indorama Eleme Fertilizer and Chemicals Limited (IEFCL) in Nigeria

IEFLThe plant is expected to transform Nigeria’s goal to achieve green revolution in the agriculture sector and support farmers by providing fertiliser product at low prices. (Image source: IEFCL)

In a statement to the Premium Times, Laolu Akande, senior special assistant to the acting president on media and publicity, said that the plant is one of world’s largest single-train urea plants, with a production capacity of around 1.5mn metric tonnes of Urea fertiliser.

“The plant has a production capacity of 4000 metric tonnes of nitrogenous fertiliser per day or 1.5 metric tonnes per annum,” he added.

Akande explained that the new fertiliser plant aims to support Nigeria’s goal to achieve green revolution in the agriculture sector in the country as well as other parts of Africa.

The fertiliser plant also includes one port terminal at the nearby Onne Port Complex and a 83.5km gas pipeline for gas supply.

In line of the economic diversification policy of the Buhari administration to encourage rapid diversification of the Nigerian economy by boosting the country’s agricultural and mining sector, the new plant is expected to make fertiliser available to the farmers nationwide at an affordable cost.

Furthermore, the plant also focuses on increasing crop yield for farmers to help in minimising food grain deficit in Nigeria.

IEFCL is one of the leading urea fertiliser manufacturer in Nigeria and Sub-Saharan Africa. The company aims to support Nigeria’s agricultural sector by supplying fertilisers for local farmers. IEFCL also exports urea to West and Southern African countries as well as other international market places including North America, South America and Europe.

The company was privatised in 2006 after the federal government sells its 75 per cent stakes to a private investor in a bidding process.


LATEST NEWS IN Agriculture

Norway promises top-up contribution of urgently needed climate finance

Norway promises top-up contribution of u…

On 9 November 2022, Norway, as part of a commitment to triple its support to climate adaptation by 2026, has pledged an additional US$9.5mn contribution of urgently needed climate finance...

Better Cotton signs partnership agreement with IDH and CotonChad

Better Cotton signs partnership agreemen…

Better Cotton recently signed a multi-stakeholder Letter of Intent to participate in the landscape approach, developed with local stakeholders in Chad in conjunction with IDH, intending to work towards improving...

NFU president Minette Batters appointed as ambassador of Farm Africa

NFU president Minette Batters appointed …

Farm Africa, a charity that promotes sustainable agricultural practices, strengthens markets and protects the environment in rural eastern Africa, has announced the appointment of NFU president Minette Batters as an...

AfDB grants US$63.38mn loan to implement agro-processing project in Senegal

AfDB grants US$63.38mn loan to implement…

The board of directors of the African Development Bank (AfDB) Group in Abidjan has approved a loan of US$63.38mn to Senegal to implement the Agropole-Centre agro-industrial processing zone project

Farming innovations which help conserve nature and create jobs

Farming innovations which help conserve …

On World Food Day, farmers in the UK and globally showed how innovative farming methods and techniques can improve lives, help meet global climate targets and produce food without harming...

US$20.5mn renewable energy agriculture project launched in Ethiopia

US$20.5mn renewable energy agriculture p…

On 12 October, the Distributed Renewable Energy - Agriculture Modalities (DREAM) initiative began with the launch of nine renewable energy mini-grids and irrigation systems across Ethiopia

Prev Next

OTHER RELATED ARTICLES - Agriculture

World Bank to support development of agri-food sector in Cote d’Ivoire

World Bank to support development of agr…

The World Bank has approved US$250mn in total financing from IDA to support the development of the agri-food sector and the creation of thousands of jobs in rural areas of...

Lesotho, IFAD partner to improve livelihoods of most vulnerable small-scale farmers

Lesotho, IFAD partner to improve livelih…

The United Nations International Fund for Agricultural Development (IFAD) has announced US$62mn in funding to boost food security and nutrition, mitigate the impact of climate change and strengthen livelihoods for...

UNOP builds feeder roads in South Sudan

UNOP builds feeder roads in South Sudan

To improve food security, as well as to support trade and market development in South Sudan,  United Nations Office for Project Services (UNOPS) has constructed feeder roads – secondary roads...

AfDB approves US$1.5mn emergency grant to curb desert locusts

AfDB approves US$1.5mn emergency grant t…

The African Development Bank (AfDB) has approved a US$1.5mn emergency relief grant to assist nine countries in the East and Horn of Africa on the control of swarms of desert...

FAO aims to unlock Africa’s potential to end hunger and malnutrition

FAO aims to unlock Africa’s potential to…

The director-general of the Food and Agriculture Organization of the United Nations (FAO), QU Dongyu, says that the potential of Africa gives him hope that the fight against poverty and...

Bee colonies disappearance: Special programme to support Morocco's affected beekeepers

Bee colonies disappearance: Special prog…

Morocco’s ministry of Agriculture, Fisheries, Rural Development and Water and Forestry has announced a special programme developed to support beekeepers affected by the phenomenon of disappearance of bee colonies, noted recently in some regions 

Omex Calmax to get calcium into coffee beans

Omex Calmax to get calcium into coffee b…

Omex Agrifluids, the UK-based formulator and exporter of soluble plant nutrients, has introduced Omex Calmax, a foliar fertiliser for fruit and vegetable crops including coffee beans, aiming to improve fruit...

Cassava virus on verge of epidemic in East Africa

Cassava virus on verge of epidemic in Ea…

Experts urge funding, swift action to protect staple food crop

Global cocoa shortage by 2020 fuels concern

Global cocoa shortage by 2020 fuels conc…

The world is running out of chocolate and plantations in West Africa cannot keep up with soaring demand from Asia, biggest international confectionery manufacturers have warned

Kenya receives second batch of fertiliser

Kenya receives second batch of fertilise…

The second delivery of 64,000mt of fertiliser to be distributed to small-scale farmers across Kenya has arrived in Mombasa

Zambia maize to ease supply problems?

Zambia maize to ease supply problems?

A recent report has outlined how Zambia is using its robust maize stocks to fill a regional gap

Open Data can deal with global food security challenges: GODAN

Open Data can deal with global food secu…

Kenya is showing increasing recognition of Open Data in the agricultural sector, which is crucial to solving global food security issues on a global scale, said Andre Laperrière, CEO of...

Prev Next