Osinbajo To Open 457 Trillion Naira Fertiliser Plant In Port Harcourt
Think Agric. Eat Agric. Sleep Agric. Dream Agric. That's the imaginary sign post this administration has on its neck.
Nigeria has spent $1.5 billion, about 457 trillion naira to build the world’s largest fertilizer plant.
And the Acting President, Yemi Osinbajo will officially commission it on Thursday in Port Harcourt.
The new factory has an annual production capacity of 1.5 million tonnes of urea fertiliser and was built by Indorama Eleme Fertilizer and Chemicals Limited.
According to top officials at the office of the President, "Besides making fertiliser available to farmers nationwide at affordable cost, the plant will also boost crop yield for farmers".
The Senior Special Assistant to the Acting President on Media and Publicity, Laolu Akande said in the statement that fertilizer from the plant would be made available to farmers nationwide at affordable cost.
“This will boost crop yield for farmers and help in minimizing food grain deficit in Nigeria,” Akande said.
The plant consists of 2300 TPD Ammonia plant, 4000 TPF Urea plant, 83 km long Gas Pipeline and an Export Port Terminal.
The main plant, measuring approximately 40 hectares, is located within the perimeter of Indorama’s existing petrochemical site in Port Harcourt.
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