from - http://www.iamnigeria.net/2013/09/nigeria-to-control-10-global-fertilizer.html

Nigeria is being positioned to control 10 per cent of global fertilizer market by 2017 when most of the fertilizer plants projects are billed to come on stream, according to the Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke.

Mrs. Alison-Madueke who spoke in Abuja at a plenary session of the 19th Nigerian Economic Summit titled, “Building a World Class Petrochemical and Fertilizer Industry in Nigeria”, gave an assurance that the Gas Revolution Agenda aimed at using the nation’s abundant gas resources to galvanize all-round economic growth was making steady progress towards achieving its objective.


Acting Group General Manager, Group Public Affairs Division of the Nigerian National Petroleum Corporation (NNPC), Tumini Green in a statement said, the minister disclosed that the need to get the gas sector to drive growth in all sectors of the economy especially the agricultural sector, necessitated the excision of some key areas of the Gas Master Plan from the Petroleum Industry Bill (PIB) for accelerated implementation under the Gas Revolution Agenda.

The statement quoted that minister as saying that the programme has begun to yield dividends with plans for the establishment of a number of new fertilizer plants at advanced stage.

The Minister listed some of the proposed fertilizer plants to include the Dangote Petrochemical and Fertilizer Plant to be built at Olokola, Indorama Fertilizer Plant at Eleme, Brass Fertilizer Company at Brass, Nagarjuna Fertilizer Plant at Ogidigben, and another plant by the International Fertilizer Association.

The minister also explained that the thrust of the two-pronged policy of gas-to-power and gas-to-industries is to drive linkages between the power and industrial sectors with the agricultural sector serving as a linchpin in the industrial sector on account of its enormous job creation potential and multiplier effect in the economy.

She assured that gas supply challenges are being tackled through the introduction of fair pricing that is comparable with what obtains in major gas producing countries like Egypt and Trinidad & Tobago as well as massive construction of gas infrastructure such as gas pipelines and gas processing plants.

On efforts to reduce gas flare, the Minister said gas flare has been reduced considerably over the past two years to 20% and that the series of gas projects including the oncoming petrochemical and fertilizer plants would take up a bulk of the gas currently flared thereby reducing gas flare and the harm it does to the environment.

Confirming the development of new fertilizer plants, the Managing Director of Gas Aggregator Company of Nigeria, Mr. Kunle Allen, stated that apart from Notore which is already into fertilizer production, six new companies have approached the Gas Aggregator Company to firm up gas supply arrangements for their fertilizer plants and that talks are at an advanced stage with the companies.

Mr. Allen further disclosed that the gas supply challenge is being further tackled through the dedication of 10% of domestic gas obligation for gas-to-industry to petrochemical and fertilizer plants.