President Muhammadu Buhari has commissioned the Dangote Fertiliser Plant, owned by Africa’s richest man Aliko Dangote, as part of a planned drive to ensure food sufficiency and boost the nation’s fertiliser needs.
The $2.5 billion world-class fertiliser plant, with a capacity of producing 3 million metric tonnes (mt) of urea per year, was inaugurated on Tuesday at the Lagos Free Trade Zone, Lekki.
Dangote expressed his delight at the success of the fertiliser plant, which he claims is Africa’s largest and the world’s second-largest urea plant.
Dangote said of the plant’s successful debut, “It is an ambitious project that will reduce unemployment in Nigeria.”Aliko Dangote
“The plant will boost productivity and output across the nation,” he added, “as products from plants have reached the African market, as well as Brazil, India, and Mexico.”
According to Dangote Industries Limited, the project cost $2.5 billion and has a capacity of 3 million metric tonnes (mt) of urea per year.
The plant’s capacity will be increased to produce multiple grades of fertilizer to meet soil, crop, and environmental requirements, and climate-specific requirement for the African continent.