Market News

EnGRAIS-WAFA-AFO workshop in Cotonou: a major step forward for fertilizers in West Africa

A workshop to review and validate data on import procedures, logistics costs and fertilizer statistics for 2015-2020 in Benin, Niger and Togo opened yesterday, August 24   , in Cotonou and should end on Friday, August 27 .

It follows a study carried out in 2019 as part of the project " Stimulating Growth through Regional Agricultural Input Systems " ( EnGRAIS) in ...

Producers of fertilizers have debunked claims of increasing the prices of fertilizers.

According to them, the current spike in prices is a reflection of the international market since most of the fertilizers are imported and are not on government’s subsidy programme.

West Africa Director for Yara International, Danquah Addo-Yobo told Joy Business “our commitment to the nation is important so we have continued to supply the product under the ...

Government through the Ministry of Finance, has announced a release of over GH¢260 million for the payment of arrears owed the fertilizer companies from May to July 2021.

Dr. Owusu Afriyie Akoto, Minister for Food and Agriculture, made the announcement in Accra in a response to an urgent question by Mr Rockson-Nelson Etse Dafeamekpor, Member of Parliament (MP) for South Dayi.

Mr Dafeamekpor wanted to know what steps the ...

President Muhammadu Buhari has directed the Economic and Financial Crimes Commission, EFCC, to go after those sabotaging the Presidential Fertilizer Initiative by selling the NPK products above the government recommended prices. 

This is as the National Sovereign Investment Authority, NSIA, has said that it plans to raise and invest over 200 million dollars in Nigeria’s health sector.

Managing Director/Chief Executive Officer of the Authority, Uche Orji, disclosed this ...

In line with the commitment of the President Muhammadu Buhari administration to make Nigeria self-sufficient in food production, the Fertilizer Producers Association of Nigeria (FEPSAN) has signed a second phase of agreement with Morocco’s state-owned phosphate and fertilizer group, OCP, to sustain the enhanced gains in agricultural productivity that started in 2016.

The current agreement, which takes the earlier one signed in December 2016 a step higher, will deepen ...