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.
“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.
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.