NIGERIA-MOROCCO DEAL | 11 Fertiliser blending plants come on stream – NNPC

by on March 24, 2017

Following an agreement between Nigeria and Morocco for the supply of phosphate, a key compo­nent in the production of fer­tilizer, 11 blending plants have begun production.

The Managing Director of the Nigerian National Petro­leum Corporation (NNPC), Dr. Maikanti Baru disclosed this in Abuja when he National Coordinator of The New Part­nership for African Develop­ment (NEPAD-Nigeria), Prin­cess Gloria Akobundu.

Baru said about 50, 000 jobs have been created in the coun­try.

He noted that the MoU be­tween the two countries was for the supply of phosphate to re­juvenate agriculture by mak­ing fertilizer available and af­fordable.

A statement by NNPC’s Spokesman, Ndu Ughama­du quoted him as saying that “he Moroccans have already supplied a cargo of phosphate which has been delivered to various blending plants across the country. Already, elev­en blending plants have come into production because of the supply.

READ  Melaye vows to challenge the ‘temporal and evaporative victory of Adeyemi’

“I am happy to inform you that this development has trans­lated to the creation of about 50, 000 jobs and led to the produc­tion of about 1.3million tonnes of fertilizer in the country”.

Following the arrival of the first consignment, the Moroc­cans have also given Nigeria a generous credit term of 90 days and they are planning to bring in more cargoes that will fit the various blending plants in the country, Dr. Baru added.

Dr. Baru also assured the del­egation that the Trans-Saharan Gas Pipeline Project (TSGP), on which NNPC has had engage­ment with NEPAD in the past, is still on track and the Corpo­ration would ensure continued collaboration towards the suc­cess of the project.

READ  Sheath Your Swords and Support Ali Modu Sheriff, Fayose tells PDP

Earlier in her remarks, the National Coordinator, NEPAD-Nigeria, Princess Gloria Ako­bundu stated that they were in the NNPC to seek for areas of collaboration with the Corpo­ration especially in their quest to promote regional integration on the continent.


Be the first to comment!
Leave a reply »


Leave a Response