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FG reduces price of fertilizer

The Federal Government has reduced the price of NPK fertilizer from N5,500 to N5,000 per 50kg bag.

Governor of Jigawa State, Muhaimmadu Badaru and the Chairman, Presidential Fertilizer Initiative (PFI), made the announcement on Wednesday in Dutse,

He explained that the gesture was part of palliative introduced by the Federal Government to cushion the effect of COVID-19 pandemic to farmers and other end-users in the country.

“As part of measures introduced by Mr President to provide relief to Nigerian farmers on account of COVID-19 pandemic, the price of NPK 20.10.10 fertilizer is now N5,000 from N5,500 per 50 kg bag,” Mr Badaru said.

According to the him, sufficient quantity of the fertilizer would be made available in time for the wet season farming, in spite of the COVID-19 pandemic.

The chairman disclosed that the PFI had also concluded plans for the production of Compound Blends of NPK 20. 10.10 fertilizer.

He added that the Compound Blend appropriately suits the North-East market because the output has a uniform colour, which cannot be weaponized.

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