# Food security: Fed Govt partners Morocco-based firm on fertiliser - The Nation Newspaper

> Nigeria's federal government agreed with Morocco's OCP to establish fertilizer production plants in the country. OCP says local farmers will gain technical training and that products will be sold in the Nigerian market. The partnership is part of a diversification drive away from oil.

- Date: 2018-08-21 · published 2018-08-21T12:00:00.000Z
- Category: policy · region Nigeria · magnitude low
- Page: https://feedsoft.ai/events/63851-food-security-fed-govt-partners-morocco-based-firm-on-fertiliser-the-nation
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md), [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md)

## Why it matters

New African fertilizer capacity built on Moroccan phosphate could increase regional phosphate and DAP demand over the long term. The project is still in early stages, so the near-term price effect is minimal.

## Read by commodity

- DAP: bullish ▲
- PHOSROCK: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DAP | 2021-10-12 | [India to provide additional subsidy for phosphate-based fertilizer-govt](https://feedsoft.ai/events/44884-india-to-provide-additional-subsidy-for-phosphate-based-fertilizer-govt.md) | +0.4% | +6.6% |
| DAP | 2021-11-15 | [Soaring fertilizer prices add to inflationary pressures and food security concerns](https://feedsoft.ai/events/12681-soaring-fertilizer-prices-add-to-inflationary-pressures-and-food-security.md) | -0.7% | +2.6% |
| DAP | 2021-05-06 | [Kisan Card subsidy plan may trigger fertiliser sales - Newspaper - DAWN.COM](https://feedsoft.ai/events/7724-kisan-card-subsidy-plan-may-trigger-fertiliser-sales-newspaper-dawn-com.md) | +1.8% | +6.6% |
| DAP | 2023-02-14 | [Fertiliser companies seek govt permission to hike MRP of non-urea fertilisers amid input costs rise \| Times Now](https://feedsoft.ai/events/37667-fertiliser-companies-seek-govt-permission-to-hike-mrp-of-non-urea-fertilisers.md) | +0.2% | -2.5% |
| DAP | 2021-08-07 | [Chinese fertiliser factories 'focusing on local market' as international prices skyrocket - ABC News](https://feedsoft.ai/events/45880-chinese-fertiliser-factories-focusing-on-local-market-as-international-prices.md) | 0.0% | +5.6% |

## Sources

- thenationonlineng.net: https://thenationonlineng.net/food-security-fed-govt-partners-morocco-based-firm-on-fertiliser/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.