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Against the backdrop of a directive by President Muhammadu Buhari to undertake an overhaul of the Presidential Fertiliser Initiative, the Nigerian Sovereign Investment Authority saddled with the task, taking up the gauntlet, has recently gone to work, writes Emmanuel Addeh It is said that the Nigerian fertiliser industry has a blending capacity of four million tons of Nitrogen, Phosphorus and Potassium (NPK) annually and two million tons of production capacity for urea, with the capacity to employ over 250,000 people in both direct and indirect jobs across the country. However, before the implementation of the Presidential Fertiliser Initiative (PFI), only 10 per cent of the production capacities of the blending plants in operation across the country were being utilised.

Akwa ibom stateAkwa ibomThomas etuhMuhammadu buhariEmmanuel addehUche orjiAbubakar badaruNigerian content developmentCentral bankFertiliser suppliers association of nigeriaGas aggregation company of nigeriaNigerian national petroleum corporationSuppliers association of nigeriaPresidential fertiliser initiativeNigerian sovereign investment authorityNigeria sovereign investment authority