The production of 50kg fertilizer under the Presidential Fertiliser Initiative of the Federal Government has reached 60m bags, the Vice President, Prof. Yemi Osinbajo, announced on Monday.
Osinbajo, who spoke in Abuja at the opening session of the two-day Feed Nigeria Summit, said the Federal Government decided to deepen its investments in Nigeria’s agricultural sector through the inauguration of the PFI in 2016.
The vice president spoke through the Minister of Agriculture and Rural Development, Mahmood Abubakar.
He said, “In 2016, we launched the Presidential Fertiliser Initiative to increase the production of NPK 20:10:10 fertiliser.
“Total production since the inception of the initiative is now over 60 million 50kg bags, with the number of participating blending plants increasing to 62 from just four.”
He said the blending centres were established across the country through the Special Agro-industrial Processing Zones.
This, he said, was a partnership between the Federal Government, the African Development Bank Group, the Islamic Development Bank and the International Fund for Agricultural Development.
Osinbajo also stated that the National Agricultural Land Development Authority had been revived by the President, Major General Muhammadu Buhari (retd.).
He said NALDA had been directed to establish integrated farm estates across the country, adding that the agency was also engaging over 1,000 youths through its National Youth Farmers Scheme.
In his remarks at the event, the Director-General, Feed Nigeria Summit Secretariat, Richard Mbaram, said the programme was organised to galvanise stakeholders in the agricultural sector to chart the way forward for the industry.
He said stakeholders at the summit would come up with suitable measures to address the challenges of proper food storage to reduce the about 50 per cent post-harvest losses being recorded in Nigeria, among other recommendations.