Nigeria Expects Four Vessels with 105,000 Tonnes of Fertiliser Inputs from Canada, Russia
By Shipping Day Reporter
The federal government is expecting 105, 000 metric tonnes of basic raw materials for the production of fertilizer from Canada and Russia.
The raw materials are expected to arrive the county next week, June 3, according to the Managing Director of Nigeria Sovereign Investment Authority (NSIA), Mr Uche Orji.
Orji who disclosed this during the weekly media parley held by the Presidential Media team at the State House, Abuja, added that already some ships were already discharging fertilizer inputs in Onne Ports.
He disclosed that the fertilizer inputs were exempted from items sanctioned by the European Union against Russia.
Among the items were potash and ammonium which will come from both Russia and Canada.
He was quoted saying, “Letters of Credit has been established for four vessels of phosphate.
“Two vessels are currently being discharged, the third vessel is currently on queue at the Onne port for discharge and the fourth vessel has been nominated.
“A vessel is currently discharging at the Intels port while the other is inbounded with ETA of May, 2022.
“In 2022, I know one question many of you are going to ask me is, potash difficulties because there were headlines about potash. It was true. There was potash difficulty. About 30 per cent of the world’s potash comes from Russia and Belarus. So, when the crisis started there was a blockade, there were sanctions and all kinds of issues, and we couldn’t get potash.
“But now, I’m glad to report that we have solved the potash problem. On June 3rd, the first vessel will arrive from Russia. On June 6th, the second vessel will arrive from Canada.
“The president gave us the instruction to go and solve it, find it wherever you can, bring it into the county. We will have enough potash between now and the middle of June for all our needs for the year.
“Last year, we had enough to produce up to 40 per cent of the country’s need in inventory in the warehouses, so that’s coming out. Central bank is one of the big buyers, and they’re releasing it.”
The federal government is expecting 105, 000 metric tonnes of basic raw materials for the production of fertilizer from Canada and Russia.
The raw materials are expected to arrive the county next week, June 3, according to the Managing Director of Nigeria Sovereign Investment Authority (NSIA), Mr Uche Orji.
Orji who disclosed this during the weekly media parley held by the Presidential Media team at the State House, Abuja, added that already some ships were already discharging fertilizer inputs in Onne Ports.
He disclosed that the fertilizer inputs were exempted from items sanctioned by the European Union against Russia.
Among the items were potash and ammonium which will come from both Russia and Canada.
He was quoted saying, “Letters of Credit has been established for four vessels of phosphate.
“Two vessels are currently being discharged, the third vessel is currently on queue at the Onne port for discharge and the fourth vessel has been nominated.
“A vessel is currently discharging at the Intels port while the other is inbounded with ETA of May, 2022.
“In 2022, I know one question many of you are going to ask me is, potash difficulties because there were headlines about potash. It was true. There was potash difficulty. About 30 per cent of the world’s potash comes from Russia and Belarus. So, when the crisis started there was a blockade, there were sanctions and all kinds of issues, and we couldn’t get potash.
“But now, I’m glad to report that we have solved the potash problem. On June 3rd, the first vessel will arrive from Russia. On June 6th, the second vessel will arrive from Canada.
“The president gave us the instruction to go and solve it, find it wherever you can, bring it into the county. We will have enough potash between now and the middle of June for all our needs for the year.
“Last year, we had enough to produce up to 40 per cent of the country’s need in inventory in the warehouses, so that’s coming out. Central bank is one of the big buyers, and they’re releasing it.”
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