Cheap NPK Fertilizers: Minister Claps for Indorama

May 31, 2021
NPK Fertilizers Indorama

By Aduragbemi Omiyale

Indorama Eleme Fertilizer and Chemicals Limited (IEFCL), located at Eleme in Port Harcourt, Rivers State, has won the admiration of the Minister of Agriculture and Rural Development, Mr Muhammad Sabo Nanono.

Mr Nanono, who was at the company’s factory last Thursday, said he was impressed with the decision of the management to use its blending plants for the production of NPK fertilizers at a subsidized price to smallholder farmers.

He also expressed satisfaction with the massive supply of Urea fertilizers to over 70 per cent of farmers in Nigeria, saying this will increase food production in the country.

During the facility tour, the Minister commended Indorama for its environment, production capacity, employment creation and the provision of business opportunities for Nigerian graduates, artisans, farmers, and entrepreneurs.

The Minister used the occasion to advocate more strategic partnerships and robust collaborations with stakeholders in the fertilizer industry to boost production and develop the sector.

He said the effort would ensure its affordability, increased production, self–sufficiency, easy access to products by the farmers, and achieve food and nutrition security.

Mr Nanono acknowledged the company for being a strategic partner in the development of the agricultural sector, especially in the supply of fertilizer products like NPK, Urea, and DAP to farmers across the country.

“Indorama is deeply embedded in the agricultural transformation agenda of President Mohammed Buhari’s administration and the nation’s economic development in general,” the Minister said.

In his remarks, the Chief Executive Officer of Indorama, Mr Munish Jindal, stated that the vision of the company is to build the largest petrochemicals and fertilizer hub of Africa in Nigeria and to empower the Nigerian farmers by ensuring the production of quality fertilizers.

Business Post reports that Indorama boasts of two fertilizer plants with a production capacity of 3 million metric tons of Urea fertilizer per annum.

The factory has different sections of the Trains 1 and 2 fertilizer plants, including the state-of-the-art control rooms, the ammonia plants, urea plants, power plants and gagging section.

Aduragbemi Omiyale

Aduragbemi Omiyale is a journalist with Business Post Nigeria, who has passion for news writing. In her leisure time, she loves to read.

Leave a Reply

Russia Fan ID Euro 2020 matches
Previous Story

St Petersburg Prepares to Hold UEFA Euro 2020 Matches

Investment in Nigerian Stocks
Next Story

Weekly Investment in Nigerian Stocks Drops to N9.5bn

Latest from Economy

Don't Miss