An agreement signed between the governments of Nigeria and Morocco, anchored by Fertilizer Producers and Suppliers of Nigeria, and a Moroccan company, OCP will yield one million tons of fertilizer through local production for next farming season.
The Senior Special Assistant to the President on Media and Publicity, Garba Shehu, disclosed this in a statement on Sunday, December 5.
Shehu said the agreement would be a short term solution that will, by a signed agreement also force the price of fertilizer from N8,000 to a low of about N5,000.
He said in a Memorandum of Understanding also signed during the visit of King Mohammed VI of Morocco to Nigeria by President of FEPSAN, Mr. Thomas Etuh; and Chairman and Chief Executive Officer of the OCP Group, Dr. Mostafa Terrab , FEPSAN and OCP will come together to promote innovation in an effort to contribute towards productivity-led agricultural growth and improve farmer livelihood.
He said OCP which is a majorly state-owned company of Morocco is a world leader in phosphate and its derivatives, committed to the development of agriculture in Africa.
The presidential spokesman added that agreement also seeks to promote the use of agricultural inputs including access to adequate fertilizers as a major lever for improving agricultural productivity and farmers’ income.
He recalled that the Federal Government had set up the National Fertilizer Technical Committee under the auspices of the Ministry of Agriculture to put the country on the path of sustainable production of quality fertilizer for both local consumption and export.
He said, “President Buhari is aware that the Nigerian fertilizer industry possesses a blending capacity of four million tons of NPK annually and two million tons of production capacity for Urea with ability to employ over 250,000 people in both direct and indirect jobs across the country.
“But with less than 10 per cent of these production capacities currently being utilized, the Federal Government put in place the atmosphere for getting this Memorandum of Understanding in place.
“The specific areas of collaboration include: securing a supply of quality fertilizers by bringing in raw materials required for the production of the item in line with the crops and soils adaptable to Nigeria, for which the information will be supplied by the Federal Ministry of Agriculture.”
Other areas, according to him, are: strengthening blending capabilities by leveraging on technical know-how and engineering capabilities; stimulating product innovation and development through the deployment of the Moroccan expertise in producing scientifically recommended formulae adaptable to the needs of the Nigerian soil.
Also included are: strengthening capacity to ensure a timely supply of quality fertilizers in adequate quantities and in a cost –effective manner to rural areas as well as an efficient supply chain and improvement of logistics management, including warehousing and transportation services; and strengthening the agricultural extension services system.
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