In News by Oluwaseun Samuel on the 23rd, September, 2020

President Buhari Orders Discount In Worth Of Fertilizer

President Buhari Orders Reduction In Price Of Fertilizer

Buhari

President Muhammadu Buhari

President Muhammadu Buhari has ordered the discount of the price of fertilizer from N5,500 to N5,000 naira per bag.

Vice Chairman of the Nationwide Meals Safety Council and the Governor of Kebbi State, Atiku Bagudu made the announcement whereas briefing State Home reporters in Abuja after the council met with the Chief of Employees to the President, Professor Ibrahim Gambari on Tuesday September 22.

He stated the Federal Authorities’s determination to scale back the worth was to make sure meals safety within the nation.

Bagudu stated;

“You’re a residing witness to the development within the nation. Earlier than this system, fertilizer was offered for between N8,000 to N12,000 in 2016 and after we began the Presidential Fertilizer Initiative, it was introduced all the way down to N5,500 that’s the NPK and this has been the development for 3 years and now the president determined to scale back it by one other N500.

“So, you possibly can promote fertilizer at N5000 to the farmers and the manufacturing unit value at N4,500. This has been happening, however we’ve got an issue with one in every of our key uncooked supplies, urea that’s being provided by Indorama out of Port Harcourt.”

 

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