Home » Headlines, Rivers, State News » Picture: Osinbajo pulls Wike, Amaechi together to witness as he commissions fertilizer plant in Rivers

Picture: Osinbajo pulls Wike, Amaechi together to witness as he commissions fertilizer plant in Rivers

Osinbajo pulls Wike, Amaechi together to witness as he commissions fertilizer plant in Rivers

By Jimitota Onoyume

Governor Nyesom Wike of Rivers State and Mr. Chibuike Amaechi, his predecessor and Minister of Transportation, were seen together in public, yesterday, with acting President Yemi Osinbajo, who visited the state to commission a world class fertilizer plant at Indorama, Eleme Petrochemicals Limited in Eleme LGA of the state, as he noted that the Federal Government remains committed to developing the private sector.

Incidentally, it was about a year ago since Wike and Amaechi were last seen together.

Speaking at the event, Osinbajo 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.

The acting President also handed a certificate to the management of the fertilizer plant, formally discharging it from the mandatory five year monitoring programme of the Bureau of Public Enterprise, BPE.

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.

-Vanguard

 

Related Posts

EasyFreeAds Blog News Facebook Twitter Myspace Friendfeed Technorati del.icio.us Digg Google Yahoo Buzz StumbleUpon

Short URL: http://newnigerianpolitics.com/?p=48658

Posted by on Jul 30 2017. Filed under Headlines, Rivers, State News. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

Leave a Reply

Headlines

NNP BREAKING NEWS:

Categories

Browse Books & Magazines

Featuring Top 4/14 of Books & Magazines

Browse Corruption Politics

Featuring Top 3/97 of Corruption Politics

Justice must be Served: As we remember Ken Saro-Wiwa – 22 years after his murder

Browse NNP Columnists

Featuring Top 10/1212 of NNP Columnists

Browse National Politics

Featuring Top 5/661 of National Politics

Army, police in grand looting of IPOB leader Kanu’s home

--

FEATURED VIDEOS

SEARCH POSTS BY DAY & MONTH

SunMonTueWedThuFriSat
123
4
56789
10
11
1213
1415
1617
18
1920
21
  • I am under serious pressure – Buhari…Assures improvement on aviation infrastructure By Johnbosco Agbakwuru ABUJA-AS Nigeria hosts International Civil Aviation Organisation, ICAO, President Muhammadu Buhari, yesterday, said he [...]
222324
25
26
  • Atiku Divides North, APCJacob Segun Olatunji, Leon Usigbe, Muhammed Sabiu, Kola Oyelere, Isaac Shobayo, Ishola Michael, Johnson Babajide The resignation of former Vice-President [...]
2728
29
30

© 2017 New Nigerian Politics. All Rights Reserved. Log in - Designed by Gabfire Themes