# Govt’s plan to repair fertiliser plants excites farmers - The Nation Newspaper

> Nigeria's federal government plan to revive abandoned fertilizer blending plants is progressing, with seven of 32 plants now producing under the Presidential Fertiliser Initiative. National supply reportedly rose from 500,000 to one million tonnes, and a 50kg bag fell from N10,000 to N5,500. Plants are using phosphate imported from Morocco.

- Date: 2018-01-18 · published 2018-01-18T12:00:00.000Z
- Category: policy · region Nigeria · magnitude low
- Page: https://feedsoft.ai/events/67304-govt-s-plan-to-repair-fertiliser-plants-excites-farmers-the-nation-newspaper
- Commodities: [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md), [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Expanded domestic blending in Nigeria increases demand for imported phosphate from Morocco and lowers local fertilizer costs, a modest supportive factor for phosphate rock demand.

## Read by commodity

- DAP: bullish ▲
- PHOSROCK: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2021-09-05 | [Fertiliser shortage hits paddy farmers in Andhra Pradesh - The Hindu](https://feedsoft.ai/events/45374-fertiliser-shortage-hits-paddy-farmers-in-andhra-pradesh-the-hindu.md) | +1.2% | +7.9% |
| 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 | 2021-07-30 | [China's major fertiliser makers to suspend exports amid tight supplies \| Reuters](https://feedsoft.ai/events/45993-china-s-major-fertiliser-makers-to-suspend-exports-amid-tight-supplies-reuters.md) | -2.0% | -1.6% |
| DAP | 2022-01-28 | [EXCLUSIVE India plans over $40 billion for food, fertiliser subsidy for 2022/23 - sources \| Reuters](https://feedsoft.ai/events/43458-exclusive-india-plans-over-40-billion-for-food-fertiliser-subsidy-for-2022-23.md) | -0.6% | +19.5% |

## Sources

- thenationonlineng.net: https://thenationonlineng.net/govts-plan-repair-fertiliser-plants-excites-farmers/

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