Anthony Nwakaegho/NaijaAgroNet
The
development of new fertilizer plants in the country will position Nigeria as
the nation targets control of 10 per cent of global fertilizer by 2017, to
assist in the drive in all sector of the economy, especially the agricultural
sector.
The
Minister of Petroleum Resources, Mrs Diezani Alison-Madueke disclosed to NaijaAgroNet while speaking recently
at a plenary session of the 19th Nigerian Economic Summit titled, “Building a
World Class Petrochemical and Fertilizer Industry in Nigeria.”
Alison-Madueke said that the need to get the
gas sector to drive growth in all sectors of the economy mostly in agricultural
sector necessitated the excision of some key areas of the Gas Master Plan from
the Petroleum Industry Bill, (PIB) for accelerated implementation under the Gas
Revolution Agenda.
The
Minister listed some of the proposed fertilizer plants to include the Dangote
Petrochemical and Fertilizer Plant to be built at Olokola, Indorama Fertilizer
Plant at Eleme, Brass Fertilizer Company at Brass, Nagarjuna Fertilizer Plant
at Ogidigben, and another plant by the International Fertilizer Association.
Speaking further on the gas policy framework, Alison-Madueke explained that the
thrust of the two-pronged policy of gas-to-power and gas-to-industries is to
drive linkages between the power and industrial sectors with the agricultural
sector serving as a linchpin in the industrial sector on account of its
enormous job creation potential and multiplier effect in the economy.
The Managing Director of Gas Aggregator Company of Nigeria, Mr. Kunle Allen, stated that apart from Notore which is already into fertilizer production, six new companies have approached the Gas Aggregator Company to firm up gas supply arrangements for their fertilizer plants and that talks are at an advanced stage with the companies.
The Managing Director of Gas Aggregator Company of Nigeria, Mr. Kunle Allen, stated that apart from Notore which is already into fertilizer production, six new companies have approached the Gas Aggregator Company to firm up gas supply arrangements for their fertilizer plants and that talks are at an advanced stage with the companies.
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*pix: Alison-Madueke Minister of Petroleum Resources
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