Early procurement helps Nigeria avoid fertiliser supply crisis
PFI NPK Limited says that Nigeria’s early procurement of fertiliser raw materials has protected the country from global supply disruptions and saved millions of dollars. The company, backed by the Federal Government, credits the strategy to an approval by Bola Tinubu. PFI NPK Limited highlights that this move has helped stabilise prices and ensure steady supply to farmers. The initiative is seen as critical for food security and agricultural productivity.
TLDR
- PFI NPK Limited reports that early procurement saved Nigeria about $44 million and prevented fertiliser shortages.
- The strategy allowed Nigeria to secure supplies before global conflicts disrupted shipping and raised prices.
- Over 323,109 metric tonnes of raw materials had been released to fertiliser blending plants as of mid-April.
- The company supplied 648,000 metric tonnes of raw materials in 2025 and aims for 1.52 million metric tonnes in 2026.
- All NPK fertiliser under the programme is blended locally, supporting domestic manufacturing and value addition.
