Friday, April 12, 2024

NAIDA Requests Sale of 35% Urea Produced in Nigeria

The Nigeria Agro Input Dealers Association (NAIDA) has called on the federal government to control fertilizer companies in Nigeria to sell 35 per cent of the urea produced in the country to reduce the cost of food in the market.

The Nigeria Agro Input Dealers Association (NAIDA) has called on the federal government to control fertilizer companies in Nigeria to sell 35 per cent of the urea produced in the country to reduce the cost of food in the market.

This demand was made known at the office of the National Security Adviser, Babagana Monguno, during a meeting between NAIDA and fertilizer companies, in order to reduce the price of urea, which is currently on the high side due to exportation.

NAIDA is the umbrella body for dealers in agricultural production inputs such as agrochemicals, fertilizers, agricultural seeds, sprayers, implements, machineries and tools in Nigeria, with the headquarters in Abuja.

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The association was established to promote private-sector-based agricultural input marketing, in order to nurture and fortify open and competitive markets and dealer networks as the primary mechanisms to improve farmer access to appropriate agricultural technologies.

The National President of NAIDA, Kabiru Fara, disclosed that all the urea fertilizer produced by Dangote, Notore, and Indorama is being exported, which has led to the increment in the price of urea from N5,500 to N18,000 per bag within two years.

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“In the meeting, they were told to allocate at least 35 per cent of their production to the Nigerian market, and they should come up with an affordable price for the Nigerian market, we are expected to hold another meeting with them soon.

“If farm inputs become costly, then food will be expensive, if this happens, it means not everyone can afford food in the country, then insecurity will increase.

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