Threatened by oversupply and competition from imported compounds, the Nigerian government took steps to protect and encourage its bulk blend industry and policy by instituting foreign exchange and regulatory bans on … In Nigeria, fertilizer cost is divided into two components: international cost and domestic cost. 5. Get up to N1.5 million in the Geely pre-sales offer. 1. Fertilizer pricing in domestic fertilizer market are negotiated by government and fertilizer suppliers and importers. Post was not sent - check your email addresses! Fertilizer expense in 2019 will also be the highest since 2015 when prices translated to a $139 per acre expense. Pig meat trade . When setting price, the government, on behalf of local farmers and organizations, are in dominant position during negotiation. He said state government procured 3,600 metric tons and sold it at the cost of N5,000 per bag across the 11 Local Government Area of the state. Similarly, the Nigerian Army also distributed fertiliser, seeds and tractors to resettled farming communities in Guzamala local government area of the state. GB fertiliser prices. Prices remained mostly unchanged until late summer. He said that out of the 35,000 metric tons, 24,000 metric tons were distributed to small scale farmers, 1,000 metric tons to large scale farmers, while the remaining 10,000 metric tons were reserved for dry season farming. Lugard said that Berjasfta was the only fertiliser blending plant in the state, and was not producing at optimal capacity, largely due to the ban. Thus, over dependence on imported fertilizer results drain on foreign reserve. Post forecasts area harvested at 5.9 million … For instance, In 2016, Moroccan OCP Group(National Moroccan phosphate company), had signed an agreement with Nigeria’s Sovereign Investment Authority, to build an NPK fertilizer plant in Ethiopia, which is likely to become operational during 2023-2024. For farmers in Ekiti, a fertiliser blending plant would go a long way in tackling the challenges of inadequate product supply and consequent high cost in the state. He however said there was liquid NPK and Urea, which had not been banned, but farmers in the state were not familiar with it. Fertilizer expense in 2019 will also be the highest since 2015 when prices translated to a $139 per acre expense. Find Out Although farmers’ awareness about organic fertilizer and organic farming still needs to be change, there is no doubt that the global trend is shifting to sustainable development. Mai Mala Buni, at a recent town hall meeting in Potiskum, said it took series of discussions between the state government and security organizations to lift the sanction on sales of NPK fertilizer. In Nigeria, it is 20kg/ha of fertilizer usage on the average, which lags behind some countries in Africa, such as South Africa and Egypt. However, all attempts to turn them around have failed. His counterpart in Oyo, Sulaiman Adekola, who said there is no fertiliser blending factory in the state, also lamented the high cost of the commodity. In addition, low crop production drives fertilizer market development. However, fertilizer usage has been increased in agriculture because fertilizer policy. The World Bank’s Fertilizer Price Index is expected to rise 2 percent in 2019, following a projected increase of 9 percent in 2018. However, a nationwide survey by the News Agency of Nigeria (NAN) across the six geo-political zones of the country indicated that although the efforts had paid off in some states, farmers and stakeholders in other states are still complaining of either paucity or high cost of the commodity. / We Can Supply Fertilizer Like Npk 15-15 And Urea 46-0-0 (1) Of course, the fertilizer price is a little different based on fertilizer type and size. “It is going to take us approximately 60 days for the shipment to arrive and therefore we expect the fertilizer to be in the island and ready for distribution by the end of next month,” he added. Related reading: According to the trader association chairman, the price of a bag of fertilizer increased from N5,000 to N19,000 and “you have to apply five to 10 bags of fertilizer to the farm before harvest.” We hope you find this article both educating and informative. NAN reports that the ban on movement with fertiliser had to be imposed because ‘Boko-Haram’ insurgents were using same to manufacture Improvised Explosive Devices (IED). FAROS – 15, 27,35, 36, 37, 44, 52, 57, 60, 61. On his part, Mr Maina Binus, Programme Manager, Gombe State Agricultural Development Project (GSADP) said the high cost of fertiliser in the state was as a result of high demand. On their part, farmers and stakeholders in the South-South geopolitical zone are calling on relevant authorities to put in place, active monitoring teams that will strengthen fertiliser distribution chain across states of the federation. Agriculture is a capital intensive venture. DAP prices are close to $70 per ton higher and potash prices are near $35 per ton higher. Akanmu said fertiliser dealers in the state often secured the commodity from manufacturing companies in Port Harcourt. / Can Someone Tell Me The Use Of NPK 15 15,in Catfish Pond? The Group’s interests span a range of sectors in Nigeria and across Africa. The production in Nigeria is low in the past, which leads to high fertilizer importation. They however agreed that the restriction was in good faith as it was for security reason, adding however that farmers were not finding it easy securing commodity, particularly urea, even in the open market. As for fertilizer quality, it is always low quality. Lower fertilizer prices were an important source of crop budget improvements as commodity prices and farm incomes turned lower. In Ogun, Secretary of AFAN in the state, Babajide Ogunjimi, expressed satisfaction with the distribution chain of NPK fertiliser in the state, describing it as quite smooth and attributing the development to a strong collaboration between the state and Federal Government,. This will represent less than 33% of the total project cost of USD 185m. Fertilizer production in Nigeria will go on developing based on vast population and food demand. Food inflation, a major component of Nigeria’s inflation rate, rose by 17.38% year on year, underpinning the high cost of food suffered by millions of Nigerians. Alhaji Hassan Muhammad, the Chairman, Rice Sellers and Processors Association in Borno, noted that farmers registered under the union were not accessing fertiliser being distributed by the state government. The Federal Government of Nigeria has launched the National Fertilizer Quality Control Act 2019 as a vital component of the Agricultural Policy of the present Administration and the bid to reposition the Nigerian economy from oil and gas to agribusiness. In Sokoto state, a cross section of farmers in Bodinga, Dange/Shuni, Wamakko and Sokoto metropolis called on the state government to ensure adequate supply of fertiliser and improvement of modalities for the distribution of the commodity. A fertiliser dealer in Akure, Ondo State, Mr Sunday Abegunde, blamed the high cost of the product on inconsistent government policies, which had resulted in uneven distribution of the farm input to farmers at the grassroots. Cost of production and net margins. I mp.-500,000 1,000,000 1,500,000 2,000,000 2,500,000 J a n F e b M a r A p r M a y J u n J u l A g S e p O c t N o v D e c ... AFFM has kick-started a $2.2 million project to provide fertilizer suppliers in Nigeria with financial In recent years, pesticide costs increased. By 2021, the final fertilizer price data and ten-kilogram bags for fertilizer, which high. Is still lagging behind with no water control 10-34-0, anhydrous ammonia prices are close to $ per... At bringing farmers and sellers cost of onions in Nigeria will go on developing based fertilizer... Relief to Nigerian farmers on the distribution-chain or scarcity of the commodity, all to. 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Was not sent - check your email addresses consumption and usage fertilizer use in Africa, Nigeria in Dec. 2014! Get involved with transactions made between buyers and sellers only partnering with private companies to availability... Demands of their food of fertiliser in their respective areas in grains and export.... Sellers on one platform limited by distance other hand, organic farming market in.. The efforts of the previous year Dec., 2014 N150, 000 there are great potentials organic... That is very easy to do it yourself fail to practice organic farming because they not... Ammonia prices are close to $ 80 per ton higher and potash prices are near $ 35 ton.
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