Wednesday, 21 November 2018

Association backs FG’s ban on importation of fertiliser

Fertiliser Producers and Suppliers Association of Nigeria (FEPSAN) says it is supporting the ban on the importation of the Nitrogen Phosphorous and Potassium (NPK) fertilizers as the move will save the country $500 million annually.
FEPSAN President, Thomas Etuh, who said this in Abuja noted that the NPK fertiliser importation ban would also create job opportunity for Nigerians.
Etuh commended the Federal Government’s move and added that it will stop the importation of poor quality NPK fertiliser into the country.
He stressed that the government took the right step by discouraging the importation of what the country can produce at a cheaper rate.
According to him, “The only way the Federal Government can demonstrate its commitment to improve agricultural production and boost local capacity is by taking such strong steps.”
“The ban will position the entire agricultural value chain and allied industries to support the Nigerian economy while widening the already open opportunities for foreign exchange earnings.

ORIGINAL SOURCE

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