Indorama’s fertilizer program excites top Buhari aides

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Ibrahim Gambari, Chief of Staff and Professor to President Muhammadu Buhari, and Zainab Shamsuna Ahmed, Minister of Finance, Budget and National Planning, joined the growing list of technocrats and senior federal government officials who understood the depth of the fertilizer project. deployed from Eleme (near PH) in Rivers State to support the President’s Fertilizer Initiative.

The duo who visited the compound last weekend commended Indorama-Nigeria for their immense contributions to the Presidential Fertilizer Initiative (PFI) over the past five years.

According to a statement capturing the visit, Gambari also said that Indorama Fertilizer Limited has been a major supporter of President Buhari’s agricultural revolution with its production of 3 million metric tonnes of urea per year from its two fertilizer plants. world class in Port Harcourt, Rivers. State.

Speaking at the factories in Indorama-Nigeria with the Managing Director/CEO of the Nigeria Sovereign Investment Authority (NSIA), Uche Orji, the chief of staff, said he was very impressed with Indorama’s huge investments in petrochemicals, fertilizers, gas pipelines, port development and related utilities, which the company valued at $3.5 billion so far.

The Chief of Staff noted that Indorama’s vision is in line with President Muhammadu Buhari’s economic diversification agenda.

Also Read: NSIA Allays Fertilizer Shortage Fears

He added that they were impressed with Indorama’s vision to build Africa’s largest petrochemical and fertilizer center in Nigeria.

For her part, the Minister of Finance said that her visit had aroused her interest in what can be achieved for the country through the development of the gas value chain.

Indorama-Nigeria’s managing director, Manish Mundra, and other management teams had earlier taken the trio and their entourages on a tour of the facilities at the sprawling Indorama industrial complex.

He previously noted that despite soaring fertilizer prices in the international market, Indorama is ensuring that Nigerian farmers get the produce at the cheapest prices in the world.

He added that the company’s future expansion plan, which calls for an investment of $3 billion, will make Nigeria the largest petrochemical hub in Africa by 2026.

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