Nigeria plans to start urea exports as investments grow
Nigeria is preparing to export urea as it aims to become a major hub for value-added oil and gas products. Saidu Mohammed, Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), shared this during a facility tour in Rivers State. He highlighted the importance of private-sector investments and the need for more midstream initiatives. Munish Jindal, CEO of Indorama Eleme Fertiliser and Chemicals Limited, also emphasized the significance of regulatory support for the sector.
TLDR
- Saidu Mohammed announced that Nigeria will begin exporting urea in 2028.
- The country is positioning itself as a hub for value-added oil and gas products, including fertilisers.
- Large-scale fertiliser exports are expected to commence soon, supported by private-sector investments.
- Munish Jindal noted Indorama’s long-standing operations in Nigeria and highlighted the need for updated regulations.
- The NMDPRA is working to create an enabling environment and attract further investments in the midstream sector.
