The Nigeria Sovereign Investment Authority, NSIA, has built over 90 operational fertiliser blending plants and delivered over 128 million bags of high-quality fertiliser to farmers nationwide, under the Presidential Fertiliser Initiative, PFI.
NSIA has formally transitioned the management of the PFI to the Ministry of Finance Incorporated (MOFI), marking a new chapter in the initiative.
The announcement was made at the annual PFI Stakeholder Forum held in Abuja, where key players in Nigeria’s agricultural value chain gathered to reflect on the programme’s achievements and future direction.
Launched in 2016 to revamp Nigeria’s struggling fertiliser supply chain, the PFI has evolved under NSIA’s stewardship into a cornerstone of national agricultural policy.
At the inception of the initiative, Nigeria had only four active blending plants. The fertiliser supply was heavily import-dependent, expensive, and unreliable.
Through targeted investments and efficient coordination, NSIA transformed this landscape by resuscitating dormant facilities, building new plants, and enabling nationwide distribution at affordable prices.
Speaking at the PFI Stakeholder Forum in Abuja, NSIA Managing Director and CEO, Aminu Umar-Sadiq, described the handover as ‘a celebration of impact and a signal of the initiative’s future readiness.’
“This event is significant because we are honouring nearly a decade of positive impact, strategic partnerships, growth, and reform,” Umar-Sadiq said.
He said; “The PFI is a model of what collaboration between public institutions and the private sector can achieve. We remain committed to strategic partnerships that enhance positive socio-economic outcomes for Nigerians.”
Under NSIA’s leadership, the initiative not only revived Nigeria’s dormant fertiliser industry but also catalysed the creation of over 100,000 direct and indirect jobs, while spurring local production and reducing reliance on imported fertilisers.
With this handover, NSIA reinforces its broader mandate to drive impactful investments across Nigeria.
“As we transition the PFI to MOFI, we reaffirm our focus on catalysing impactful investments, promoting public-private collaboration, and supporting initiatives that deliver measurable outcomes for Nigeria,” Umar-Sadiq added.
The CEO of MOFI, Dr. Armstrong Ume Takang, reaffirmed MOFI’s dedication to the continued success of the Presidential Fertiliser Initiative by providing sustained strategic support to PFI-NPK Limited, now fully operated and managed by MOFI Management Company Limited (ManCo).
Takang said; “Over the years, the PFI-NPK programme has played a vital role in transforming Nigeria’s fertiliser ecosystem—from expanding domestic blending capacity to improving farmers’ access to quality fertilisers and advancing national food security goals.”
“The 2025 PFI-NPK Stakeholders’ Roundtable, themed ‘PFI: A Journey of Reform, Partnership, and Transition’, was carefully chosen to recognise stakeholders for their long-standing commitment to the initiative, while also reminding all parties that the road ahead requires even greater effort to achieve more remarkable successes,” he said.
The transition to MOFI signals a new era for the PFI now structured for greater financial and operational sustainability.
This includes the adoption of wet blend technology, targeted geographic expansion, and a stronger emphasis on private sector participation aimed at deepening the initiative’s impact and scalability.
Mercy Chukwudiebere