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DANGOTE FERTILIZER PLANT
Africa’s richest man, Aliko Dangote, has sealed a multibillion-dollar agreement with the Ethiopian government to build a fertilizer plant that could reshape the country’s agriculture-driven economy.
The Dangote Group has announced plans to more than double the production capacity of its fertilizer plant as part of a broader strategy to export to other African countries and meet regional demand.
Zutari Consulting Nigeria Ltd has accused Dantata & Sawoe Construction Company Limited of failing to sign a $1.4 million terms of settlement agreement regarding an alleged $1,257,592.83 debt owed to Zutari following subcontract work on the Dangote Fertilizer Plant project in Lekki, Lagos, Nigeria.
The Shell Petroleum Development Company (SPDC) has concluded plans to supply 100 million standard cubic feet of gas per day to the Dangote Fertiliser and Petrochemical Plant in Lekki, Lagos State.
So you wonder with all that LNG in Nigeria, why is the Nigerian consumer not insulated from these price hikes?
The CBN Governor has revealed that the number of fertilizer blending plants in Nigeria, has risen from 7 to over 48.
Considering the significant role that fertilizer plays in the food supply chain, it becomes necessary to highlight some fertilizer plants operating in the country.
Alhaji Dangote, has said that the products from its newly commissioned fertilizer plant are already in the African market and across the world.
The CBN governor has said that the commissioning of the Dangote Fertilizer Plant is timely, amid the price increase in crude oil and fertiliser since the Russia-Ukraine crisis.