The Fertilizer Producers and Suppliers Association of Nigeria (FEPSAN) has said that the establishment of more fertiliser plants in the country has curbed the activities of unscrupulous middlemen in the sector.<\/p>\n\n\n\n
Mr Gideon Negedu, FEPSAN Executive Secretary, said on Friday in Lagos.<\/p>\n\n\n\n
Negedu, who lauded the initiative of President Muhammadu Buhari in the sector, commended the Dangote group for its newly established fertiliser plant in Lagos State.<\/p>\n\n\n\n
According to him, under Buhari\u2019s leadership, the activities of middlemen in the fertiliser sector has been significantly curbed.<\/p>\n\n\n\n
\u201cEveryone needs to understand what we are doing in the fertiliser space currently, we are into full scale production.<\/p>\n\n\n\n
\u201cWhat you call middlemen now are more of agro-dealers and these are very respectable businesses that are not looking for arbitrary profits because there is competition in the sector.<\/p>\n\n\n\n
\u201cIf any agro dealer sells his fertilisers at an exorbitant price, another agro dealer will sell it less and then corner the market to himself.<\/p>\n\n\n\n
\u201cThis goes for any fertiliser plant, what we have under the presidential initiative is an atmosphere of competition in the fertiliser sector and this competition essentially benefits the farmer.<\/p>\n\n\n\n
\u201cWhat the Dangote Fertiliser Plant is set to do is to ensure that the Nigerian space does not have any scarcity of fertilisers.<\/p>\n\n\n\n
\u201cDangote coming aboard the fertiliser sector, like his other investments, has increased the availability of fertilisers in the country.,\u201d he said.<\/p>\n\n\n\n
Negedu also said more availability and accessibility of fertilisers to local farmers would save them from exploitative middlemen.<\/p>\n\n\n\n
The secretary explained that the only reason the middlemen were in the sector was due to the scarcity.<\/p>\n\n\n\n
\u201cFor example, we do not need middlemen for noodles, we have so many brands in the market because they are everywhere and affordable.<\/p>\n\n\n\n
\u201cSo, this is what is happening in the Nigerian fertiliser industry, we now have so many brands of fertilisers for local farmers.<\/p>\n\n\n\n
\u201cThere is also a regulatory framework from the government to manage how these plants behave so in the final run, the farmer is assured of the quality of fertiliser that he is getting.<\/p>\n\n\n\n
\u201cWe have also witnessed this in terms of consumption,. In the last five years , Nigeria has almost doubled its fertiliser consumption. This is a very positive development.<\/p>\n\n\n\n
\u201cThe more available fertilisers are to the local farmers, the more difficult it will be for unscrupulous and greedy middlemen to take advantage of the local farmers,\u201d Negedu said.<\/p>\n\n\n
The Fertilizer Producers and Suppliers Association of Nigeria (FEPSAN) has said that the establishment of more fertiliser plants in the country has curbed the activities of unscrupulous middlemen in the sector. Mr Gideon Negedu, FEPSAN Executive Secretary, said on Friday in Lagos. Negedu, who lauded the initiative of President Muhammadu Buhari in the sector, commended […]<\/p>\n","protected":false},"author":2,"featured_media":31183,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[701],"tags":[179],"class_list":["post-41637","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-agriculture","tag-fertiliser","has-post-title","has-post-date","has-post-category","has-post-tag","has-post-comment","has-post-author",""],"yoast_head":"\n