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Nigeria inaugurates new fertiliser plant in Port Harcourt
Yemi Osinbajo , acting president of Nigeria inaugurated the new US $ 1.5bn fertiliser plant in Port Harcourt , which was built by Indorama Eleme Fertilizer and Chemicals Limited ( IEFCL ) in Nigeria �e plant is expected to transform Nigeria ' s goal to achieve green revolution in the agriculture sector and support farmers by providing fertiliser product at low prices . ( Image source : IEFCL ) In a statement to the Premium Times , Laolu Akande , senior special assistant to the acting president on media and publicity , said that the plant is one of world ' s largest single-train urea plants , with a production capacity o f a r o u n d 1 . 5 m n m e t r i c t o n n e s o f U r e a f e r t i l i s e r .
“ �e plant has a production capacity of 4000 metric tonnes of nitrogenous fertiliser per day or 1.5 metric tonnes per annum ,” he added . Akande explained that the new fertiliser plant aims to support Nigeria ' s goal to achieve green revolution in the agriculture sector in the country as well as other parts of Africa . �e fertiliser plant also includes one port terminal at the nearby Onne Port Complex and a 83.5km gas pipeline for gas supply .
In line of the economic diversi cation policy of the Buhari administration to encourage rapid diversi cation of the Nigerian economy by boosting the country ' s agricultural and mining sector , the new plant is expected to make fertiliser available to the farmers nationwide at an affordable cost . Furthermore , the plant also focuses on increasing crop yield for farmers to help in minimising food grain de cit in Nigeria .
IEFCL is one of the leading urea fertiliser manufacturer in Nigeria and Sub- Saharan Africa . �e company aims to support Nigeria ' s agricultural sector by supplying fertilisers for local farmers . IEFCL also exports urea to West and Southern African countries as well as other international market places including North America , South America and Europe . �e company was privatised in 2006 a�er the federal government sells its 75 per cent stakes to a private investor in a bidding process . www . joostecylinders . com
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