PFI Credits Early Procurement for Fertiliser Supply Stability in Nigeria


 

By Abdulahi Musa 

The Presidential Fertiliser Initiative (PFI) has attributed the stability of fertiliser supply in Nigeria to its early procurement strategy, which it says helped shield the country from global market disruptions and ensured availability ahead of the 2026 farming season.

According to the PFI implementation vehicle under the Ministry of Finance Incorporated (MOFI), the initiative deliberately secured fertiliser raw materials months in advance, locking in prices and supply commitments before recent spikes in global freight costs and input prices.

The organisation explained that this proactive approach enabled Nigeria to avoid the shortages and price volatility currently affecting several countries due to disruptions in international shipping routes and rising costs of key fertiliser components such as Diammonium Phosphate (DAP), Muriate of Potash (MOP), and Granular Ammonium Sulphate (GAS).

It noted that the strategy ensured uninterrupted supply to local blending plants across the country, allowing farmers to access fertiliser at more stable and predictable prices during the planting cycle.

PFI said procurement records show that multiple vessels carrying hundreds of thousands of metric tonnes of raw materials were secured ahead of time, forming a strong buffer stock for national distribution and production.

The initiative added that all financial instruments backing the purchases, including Letters of Credit, were properly established or settled, ensuring seamless importation and distribution processes without supply chain interruptions.

Speaking on the development, officials of PFI said the early procurement decision was intentional and strategic, aimed at protecting Nigeria’s agricultural sector from external shocks while strengthening food security.

They further stated that the move reflects the broader objective of the programme, which is to ensure that Nigerian farmers have consistent access to affordable fertiliser to support increased food production and reduce dependence on imports.

The PFI reaffirmed its commitment to sustaining reforms that enhance efficiency, transparency, and resilience in the fertiliser value chain, noting that long-term planning remains essential to stabilising agricultural input supply in the country.


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