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Showing posts with label Presidential Fertilizer Initiative. Show all posts
Showing posts with label Presidential Fertilizer Initiative. Show all posts

Tuesday, 28 February 2017

BUHARI ADMINISTRATION FLAGS OFF PRESIDENTIAL FERTILIZER INITIATIVE TO BOOST LOCAL PRODUCTION, LOWER PRICES

* Retail price per bag of fertilizer to reduce by 30-40%

* Programme is expected to create between 80,000 - 100,000 jobs




The Presidential Fertilizer Initiative of the Buhari Administration has started yielding results, with the production of more than 4,000 metric tonnes of locally-blended fertilizer in the first week of operation.

The Initiative was approved by President Muhammadu Buhari in December 2016, to achieve the local production of one million metric tonnes of blended Nitrogen, Phosphorous and Potassium (NPK) Fertilizer for the 2017 wet season farming.