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By Christiana T. Alabi & Maryam Ahmadu-Suka, April 5 2018
golden pfiThe Presidential Fertiliser Initiative (PFI) has planned to produce one million metric tonnes of NPK in 2018, the President of Fertiliser Producers and Suppliers Association of Nigeria (FEPSAN), Mr. Thomas Etuh, has said.
Mr. Etuh said this at a meeting of FEPSAN registered distributors with Unity Bank of Nigeria Plc on access to finance.
Etuh explained that in 2017 the PFI produced 500,000 metric tonnes of NPK 20-10-10, while FEPSAN registered distributors were able to purchase about 60 per cent of fertilisers from blending plants participating in the programme at the price of N5, 000 per 50kg which they sold to farmers at N5, 500 across the country.
He, therefore, assured Nigerian farmers that there would be adequate supply of fertiliser this year. “Very soon, off-take will commence and we look forward to the distributors to ensure smooth delivery of the product to the farming communities at a better performance rate than last year.
“In the course of the PFI implementation in 2017, FEPSAN identified access to adequate finance by distributors to have been one of the major impediments to their business growth development and expansion. It is in view to ameliorating this challenges that FEPSAN took a bold step to ensure that registered distributors have access to finance so that they can purchase more fertiliser to meet the needs of the farmers and to invest in their businesses to expand their retail networks to the rural areas close to the farmers.
“In this regard, FEPSAN sought partnership with some commercial banks, and about three banks have agreed to partner with PFI to extend their funding facilities to the blending plants, logistic services providers and registered distributors. Unity Bank which is one of the banks in the meeting would interact with the distributors on what they have in the offing for the distributors,” Etuh explained, noting that the importance of distributors could not be overemphasised in the development of the fertiliser market, as well as for increased agricultural productivity.
Earlier in his goodwill message, the General Manager of Unity Bank, Bona Okhaimo, said the bank was committed to the growth and development of the agricultural sector.
Okhaimo said the partnership sought to give fertiliser distributors access to affordable credit so as to boost their business activities.
https://www.dailytrust.com.ng/presidential-initiative-to-produce-1m-tonnes-of-npk-in-2018.html

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Messages to Farmers

  • Apply fertilizer wisely to avoid wastage
  • Attend trainings on fertilizer use and application
  • Obtain quality fertilizers from reputable suppliers especially FEPSAN distributors
  • Store unused fertilizer away from children, fire, rain and entry of foreign material.
  • Form groups/associations to benefit from group/association dynamics.
  • Allow your crops to fully mature to get quality and values
  • Report fertilizer adulteration to the appropriate authority

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  • AGRIKEXPO & NABG Conferences, 2018, Date: September 18 - 20 2018, Venue: International Conference Center, Abuja Read more
  • Argus Added Value Fertilizers Africa 2018, Date: September 18 - 20 2018, Venue : Cape Town, South Africa Read more
  • Bringing Balanced Fertilizers to Smallholder Farmers Training, Date: November 19 - 23 2018, Venue : Abuja, Nigeria Read more
  • Africa Fertilizer Agribusiness Conference, Date: September 24 - 26 2018, Venue: Cape Town, South Africa Read more
  • Bringing Balanced Fertilizers to Smallholder Farmers Training, Date: November 19 - 23 2018, Venue: Abuja, Nigeria Read more

Mission

To provide a platform for the stakeholders in the public and private sectors of the fertilizer industry to develop effective public private partnerships in order to ensure timely supply of adequate quantity and quality fertilizers; and to promote professional, moral and ethical practices in the industry.

Vision

Attain improved productivity and environmental sustainability of Nigerian Agriculture through balanced and judicious use of fertilizers....Attain improved productivity and environmental sustainability of Nigerian Agriculture through balanced and judicious use of fertilizer...................................................................................................................................................................................................................................................................................................................................................................................................................................................................

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2nd Floor Bank of Industry Building 
18 Muhammad Buhari Way, Kaduna, Nigeria. 
Mobile: +234 (803) 3174409...................sssss