HomeBusiness NewsPresident Buhari Commissions Dangote Fertilizer Plant

President Buhari Commissions Dangote Fertilizer Plant

President Muhammadu Buhari on Tuesday commissioned the new 3 million Metric Tonnes capacity per annum state-of-the-art Dangote Fertiliser Urea Plant, and he emphasized assurance that the project would give a huge fillip to Nigeria’s agricultural sector, which reactivation has been a focal point of his administration’s economic policy.

The new plant, which he commissioned amidst 18 governors, ministers, captains of industries as well as prominent traditional rulers, is located at Ibeju Lekki, Lagos Free Trade Zone within the periphery of the Dangote refinery.

The President Obviously impressed said the coming on stream of the plant would create huge opportunities in the areas of employment, trade, warehousing, transport, and logistics. The Plant, according to the President will greatly create wealth, drastically reduce poverty and secure the future of our nation.

He also stated that the federal government is now determined more than ever before, to provide enabling environment for private sector investors to thrive, adding that his government would continue to improve on infrastructure, power, security, and enact relevant laws and regulations that would drive investments in the economy.

President Buhari repeated that part of the government’s effort in this regard was the partnership with the private sector government via a tax credit scheme, in the rehabilitation of roads across Nigeria under Presidential Order No. 7.

In a welcome address given earlier, President of Dangote Group, Aliko Dangote described the new plant as a game-changer, as it has the capacity to make Nigeria become self-sufficient in fertilizer production, with spare capacity to export to other markets in Africa and the rest of the world. He added that already, Dangote fertilizer has reached the markets in the USA, Brazil, and Mexico.



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