HomeBusinessTinubu unveils N61bn savings in massive fertiliser push

Tinubu unveils N61bn savings in massive fertiliser push

…Targets 128,930, small holder farmers, in 25 states

…As Tinubu hails MOFI, NADF, for strengthening fertiliser value chain, food security

…Says moved early to mitigate fertilizer crisis caused by Middle East war

​President Bola Tinubu on Thursday said Nigeria is on course to deliver a 1.1 million metric tonne fertiliser programme in 2026, equivalent to about 22 million bags nationwide.

​Bayo Onanuga, Special Adviser to the President on Information and Strategy, said in a statement that the President commended the Ministry of Finance Incorporated (MOFI) and the National Agricultural Development Fund (NADF) for their roles in strengthening Nigeria’s fertiliser value chain.

​As of May 2026, more than 449,000 metric tonnes of fertiliser inputs, equivalent to approximately nine million bags, had been secured, with 10 vessels either discharged or in transit.

​Strategic contracting yields billions in savings

​According to the President, strategic contracting arrangements for key fertiliser inputs generated savings of

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