The visit of Morocco’s King Mohammed the 6th to Nigeria is to start yielding results as early as next year.
This is because an agreement between the governments to be handled by Fertilizer Producers and Suppliers of Nigeria, FEPSAN and a Moroccan company, OCP will yield one million tons of fertilizer through local production for next farming season.
A statement on Sunday, signed by the Senior Special Assistant to the Nigerian President on Media and Publicity, Garba Shehu, said “this will be a short term solution that will, by a signed agreement also force the price of fertilizer from N8,000 to a low of about N5,000”, he said.
The President’s aide also explained that “in a Memorandum of Understanding also signed during the visit of King Mohammed VI of Morocco to Nigeria by Mr. Thomas Etuh, President of FEPSAN and Dr. Mostafa Terrab , Chairman and Chief Executive Officer of the OCP Group, FEPSAN and OCP, will come together to promote innovation in an effort to contribute towards productivity-led agricultural growth and improve farmer livelihood.”
The agreement also seeks to promote the use of agricultural inputs including access to adequate fertilizers as a major lever for improving agricultural productivity and farmers’ income.
Availability of fertilizer has been a major hindrance to farmers in their quest to embark on small, medium and large scale agricultural revolution, an issue that the present administration is committed to making a thing of the past.
President Muhammadu Buhari has repeatedly stated the determination of his administration towards ensuring that food importation in Nigeria ceases by the year 2019.