Dangote urea plant set to begin exporting to US and Brazil

Published by Nicholas Woodroof, Editor
World Fertilizer, Thursday, 24 June 2021 09:45

As reported by Reuters, Nigerian billionaire Aliko Dangote’s new fertilizer plant near Lagos will export its first shipment in late June or early July, to Louisiana, while the majority of exports from the plant are expected to go to Brazil.

The new plant at the Lekki Free Zone in Lagos State, designed to manufacture 3 million tpy of urea, will also be able to supply all the major markets in sub-Saharan Africa, Dangote told a virtual economic forum hosted by Qatar.

Many in Nigeria also hope the Dangote plant will help alleviate chronically low crop yields in Africa’s most populous country, which are partly due to insufficient access to fertilizer.

According to the World Bank, Nigeria consumed around 20 kg of fertilizer per hectare of arable land in 2018, compared with 73 kg in South Africa and 393 kg in China.

Nigeria’s Central Bank bars the use of its foreign exchange for fertilizer imports as part of a raft of controls aimed at boosting domestic production.

Read the article online at: https://www.worldfertilizer.com/project-news/24062021/dangote-urea-plant-set-to-begin-exporting-to-us-and-brazil/

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