President Muhammadu Buhari Tuesday disclosed that Nigeria is fast attaining the enviable status of being the leading fertilizer producer in the African continent.
President Buhari noted that this remarkable achievement, in a very short period of time, had ensured a steady flow of investments to the sector from the private sector; bringing prosperity to millions of Nigerians and good returns to the investors. ‘‘We quickly identified the persistent shortage of fertilizer as a key reason for the low yields experienced in our farms.
‘‘So we went to work. And as the Chairman of FEPSAN mentioned in his remarks, the rest is now history.” Earlier in his remarks, the CBN Governor, Godwin Emefiele, said fertiliser remains a key input to achieving food security and in realisation of this, the apex bank has continued to place great importance on its availability and accessibility by farmers to improve yield, productivity and ultimately, output.
According to him, ‘‘The bank will equally work with the blending plants to ensure that the blended fertilisers are made available to end-user farmers at affordable prices.”
Source: News Formal (newsformal.com)
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