It was gathered that Rivers State Governor, Nyesom Wike and his predecessor, Rotimi Amaechi, were seen together in public yesterday, with acting President who had visited the state to commission the world class fertilizer plant.
It was about a year ago since Wike and the Minister of Transportation, Amaechi were last seen together.
While speaking at the event, the acting president noted that the plant will produce 1.5 million metric tonnes of Urea per annum, adding that the development was a reflection of the success of the Federal Government’s privatisation programme.
|Wike, Osinbajo & Amaechi in Rivers during commissioning of fertilizer plant|
He said that the Federal Government will continue to support the growth of the fertilizer plant, noting that it had also taken steps to encourage the needed atmosphere for the growth of private businesses.
“The plant commissioned today (yesterday), I am told, is one of the largest in the world, designed to produce 1.5 million metric tonnes of Urea fertilizer per annum for domestic and foreign markets. I have been informed that Indorama will this year alone supply about 360,000 MT of Urea to Fertilizer blenders, who will in turn produce NPK fertilizer for the benefit of farmers across the country,” he said.
He further charged management of the fertilizer plant not to compromise on best practices even though it had been discharged from the mandatory monitoring programme of BPE.
Chairman of the fertilizer firm, Mr Sri Prakash Lolua, said: “I am pleased to report that with the start-up of this plant, Nigeria is now more than self-sufficient in urea and has now become a net exporter of urea to the world. This enables Nigeria to save valuable foreign exchange on urea imports and receive foreign exchange from urea exports.”
Governor Nyesom Wike, in his remarks, assured that his administration will continue to support the fertilizer plant, assuring that the state was conducive for investment. SHARE YOUR STORY WITH US VIA EMAIL: INFO@247NIGERIANEWSUPDATE.CO RECEIVE NEWS VIA OUR WHATSAPP, KINDLY TEXT +234 701 056 0394 TO ADD YOU CLICK HERE TO JOIN US ON OUR YOUTUBE CHANNEL FOR NEWS UPDATE CLICK HERE TO JOIN US ON TWITTER FOR INSTANT NEWS UPDATE: @247NGNEWSUPDATE CLICK HERE TO JOIN MILLIONS AROUND THE GLOBE TO READ NEWS ON OUR FACEBOOK FAN PAGE FOR INSTANT UPDATES ON INSTAGRAM CLICK HERE RECEIVE INSTANT NEWS UPDATE VIA OUR BBM BROADCAST: D3EDEFDF PLACE YOUR TEXT ADVERT BELOW:>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>