Fertilizer industry in Nigeria is growing rapidly, many people want to invest on it. There are so many opportunities here. If you want to open a fertilizer company here in Nigeria, this article can help you.
The fertilizer industry in Nigeria is still at its nascent stage despite being a major source of agricultural input to the farming sector. Nigeria has many native and multinational fertilizer manufacturing companies but only few have the maximum capacity to meet the requirements of various sectors of the economy. High production costs, outdated technologies and poor marketing have contributed to the general low level of fertilizer production and distribution in Nigeria. There are however several fertilizer companies in Nigeria which continue to remain relevant to their customers in face of stiff competition from other markets of Sub-Sahara Africa. Such companies should also be helped by possible investors who may feel interested in investing into the Nigerian Fertilizer Industry.
Agriculture is the backbone of Nigeria economy with about 50% of the population living off it. The agricultural sector needs more support and encouragement from the government. For the last 3 years the fertilizer sector has been in recession with no visible signs of recovery.
Nigeria is a fertile country and a large producer of agricultural products. According to the Federal Ministry of Agriculture, Nigeria was the world’s largest cocoa producer until 2006 and is currently the third largest producer of cocoa in Africa. In addition, Nigeria is among the top producers of cassava, yam, oil palm and rice (see table below). The Agricultural Marketing Service estimates that 57 percent of Nigerians are active in farming.
How many fertilizer company in nigeria
We own over 40 active fertilizer plants and 5 years back decided to sell those factories. Nobody expects that Nigeria will be a potential customer of foreign fertilizer companies. Therefore, they do not continue relationships with local partners. “No Feeder, No Feeder” – a well-known rule in the market of fertilizers and chemicals. Recently there were repeatedly crises in the production of fertilizers. Why? How can Russia face economic problems? It is difficult for foreigners to believe, but here’s how it happened:
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Fertilizer company for sale in Nigeria
Functional Fertilizer Company For Sale
Commercial Property For Rent At Abeokuta, Ogun
Abeokuta, Abeokuta, Ogun, NigeriaFor rent
₦7,500,000,000
Photos
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Functional fertilizer company for sale in Ogun state."(I am dealing with semi-mandate and 100% closable.More pics available on request)*.
LOCATION : Ogun state
TITLE : Ogun state C of O
LANDSIZE : 3.5acres
PRICE : #7 5b,asking
1035 Oglesby Ave, Chicago, IL 60617
$130,000month
TITLE : Ogun state C of O
LANDSIZE : 3.5acres
PRICE : #7 5b,asking
