Presidential Fertiliser Initiative generates ₦61.58bn savings – FG

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Presidential Fertiliser Initiative generates ₦61.58bn savings – FG

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Nigeria’s Federal Government says early procurement through the Presidential Fertiliser Initiative saved ₦61.58 billion. The country plans to deliver 1.1 million metric tonnes of fertiliser in 2026 to support food production and strengthen its agrifood system.

The Federal Government, on Monday, disclosed that early procurement under the Presidential Fertiliser Initiative has generated ₦61.58 billion in savings as Nigeria targets the delivery of 1.1 million metric tonnes of fertiliser in 2026 amid renewed efforts to boost food production and strengthen the country’s agrifood system. The post Presidential Fertiliser Initiative generates ₦61.58bn savings – FG appeared first on Vanguard News.

World Politics Markets Commodities Nigeria fertiliser procurement savings food production agrifood system 2026 supply target

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