twitter RSS Feed linkedin acp contact

Osinbajo inaugurates Edo fertiliser plant, urges private sector to help in country’s development

Yemi Osinbajo, the vice-president of Nigeria, has inaugurated the reactivated Edo Fertiliser Plant and Chemical Company Ltd in Auchi, which is said to have the capacity to produce 60,000 metric tonnes of fertiliser in a year

EdoNigeria to increase fertiliser production to help in agri-productivity in the country. (Image source: Christopher Meyer/Flickr)

The plant has been revived by a public and private venture about 14 years after it was abandoned.

Speaking at the inauguration ceremony, Osinbajo commented that the objective of reactivating the state-owned Edo fertiliser plant is to boost farming activities and the agric value chain nationwide.

He said, “Agriculture is that well-known, but abandoned pathway to our economic diversification and national prosperity. The fundamental constraint to optimising agriculture is access to inputs, fertiliser being a fundamental input.”

“On the average, a Nigerian farmer uses 13kg per ha of fertiliser compared with world average of 100kg per hectare,” he added.

To support Nigerian farmers in farming productivity, the country aims to boost up local production of one million metric tonnes of NPK fertiliser for the country’s wet season farming in 2017. That is why Muhammadu Buhari, the President of Nigeria, negotiated fertiliser initiative plans with the Moroccan King in December 2016, Osinbajo mentioned.

According to Osinbajo, the Edo fertiliser plant is expected to create around 500 direct jobs and several more indirect jobs. The aims is to help Nigeria to be self-sufficient in fertiliser production by boosting food production and reducing food prices, ultimately enhancing food security in the country.

He further encouraged on the role of the private enterprises for accelerated development in the country’s agriculture and rural sector as well as in infrastructure and industrial areas.

“Every state and local government must be involved in the effort to ensure that private businesses thrive and create employment opportunity for our growing youth population,” he added. He further said that the Nigerian government is committed to create suitable business environment for the private investors to do business in the country.


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

IFAD president calls on member states to eradicate extreme poverty and hunger

IFAD president calls on member states to…

President of the International Fund for Agricultural Development (IFAD) Gilbert F Houngbo has called on its 177 member states to help the fund doubling impact on the lives of the...

Guinea and IITA sign partnership deal to improve agriculture

Guinea and IITA sign partnership deal to…

International Institute of Tropical Agriculture (IITA) has signed a partnership agreement to help Guinea in the production and promotion of cassava, maize, cowpea and soybean

Omex Agrifluids set for soluble fertiliser plant

Omex Agrifluids set for soluble fertilis…

Omex Agrifluids has announced the construction of a new soluble powders plant at the company’s King’s Lynn headquarters in eastern England, to manufacture fully soluble powder NPK products for the...

Kenyan research institute secures US$100,000 for cassava research

Kenyan research institute secures US$100…

Kenyan research organisation, BecA-ILRI, has been awarded US$100,000 funding to develop research on genetic resistance to cassava brown streak disease and cassava mosaic disease in Africa

World Bank recommends Brazil's agriculture pattern for Africa

World Bank recommends Brazil's agricultu…

The World Bank is helping African states benefit from a series of easily-adaptable Brazilian agriculture patterns

West African IFAD programme declared a success

West African IFAD programme declared a s…

IFAD and the EU have successfully completed the US$26.6 million Food Facility (EUFF) programme in West Africa

Rwanda receives World Bank support

Rwanda receives World Bank support

The World Bank has approved an US$80mn International Development Association Credit for Rwanda to boost its food production

UNIDO’s project to pilot cotton sustainability drive in Egypt

UNIDO’s project to pilot cotton sustaina…

The United Nations Industrial Development Organisation (UNIDO), under the framework of the Egyptian Cotton Project, has launched Better Cotton Initiative (BCI) pilot project in Egypt

Combating Fall Armyworm in South Sudan

Combating Fall Armyworm in South Sudan

United States Agency for International Development (USAID) has launched a partnership to combat crop-threatening Fall Armyworm in South Sudan, an insect that can cause significant damage to crops including maize...

Southern Africa receives boost in agricultural sector

Southern Africa receives boost in agricu…

The Southern African Agriculture Development Partnership Platform (SAADPP) has been launched in Zambia under the NEPAD Business Foundation (NBF) and the Agri-Business Forum (ABF)

ICRAF, FAO team up to provide cross-sectoral approaches to implement national development goals

ICRAF, FAO team up to provide cross-sect…

In a newly released paper, the Food and Agriculture Organisation of the United Nations (FAO) and the World Agroforestry Centre (ICRAF) have undertaken a review of broad institutional and stakeholder...

G7: FAO proposes to address current and future food shortages

G7: FAO proposes to address current and …

The head of the Food and Agriculture Organization of the United Nations (FAO) called on G7 nations to help anticipate future food shortages, as the war in Ukraine squeezes supplies,...

Prev Next