Agric Growth: Dangote Vows To Crash Price Of Fertilizer Before 2017 Ends

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Aliko Dangote
Aliko Dangote
2016 Hot Business Ideas

PRESIDENT of the Dangote Group, Alhaji Aliko Dangote, has vowed to crash the price of fertilizer before the end of next year, in order to boost agricultural production and guarantee food security in the country.

Speaking at a forum in Abuja, Dangote stated that Nigeria’s fertilizer production would rise by about three million tonnes, and would be easily accessible to farmers across the country.

Dangote commended the Federal Government, noting that it is government’s agricultural and fertilizer policies that would make the commodity cheaper and available.

He said, “Government has actually done quite a lot, and I think by the end of next year or so, you will buy fertilizer even cheaper than what you are buying today. Secondly, we will be begging you to buy. There won’t be scarcity of fertilizer anymore. “We have three million tonnes of capacity coming into the market by the end of next year and this is also due to the policies of the Federal Government.”

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