Morocco To Build $1.5bn Fertiliser Plant In Nigeria
Morroco has finalized plans to build a $1.5biliion fertilizer plant in Nigeria this year, and start exporting ammonia fertilizer from their Nigerian base, back to Morroco and North Africa.
This will boost our export, create jobs, and compete with Dangote to make fertilizers cheaper.
Morocco’s OCP is the largest phosphate producer in the world and a leading global fertiliser player, backed by almost a century of production history. OCP has exclusive access to the world’s largest phosphate rock reserve base, which it converts into a range of products.
OCP currently is constructing 3 ultra-modern Fertiliser Bulk Blending Plants in Nigeria. The plants located in Ogun, Kaduna & Enugu States will be equipped with facilities to produce both crops and soil specific fertiliser blends with the possibility of micro nutrients additions.
When the three plants are completed later this year, they will add a total of 470,000 metric tonnes per annum of blended fertilisers to the Nigerian agricultural industry to support the developmental initiatives of President Muhammadu Buhari in the agricultural sector.