Nigerias Dangote-Group opens Africas biggest fertilizer plant


Nigerias Dangote-Group opens Africas biggest fertilizer plant

 

Africa’s richest man Aliko Dangote opened the continent’s largest fertilizer plant this week as war in Ukraine cuts off supplies from Russia, threatening a global food crisis.

The $2.5 billion urea and ammonia fertilizer plant was commissioned by Nigeria’s President Muhammadu Buhari in Lagos, where Dangote is also due to open a 650,000 barrels per day oil refinery, later this year.

Dangote told CNN Tuesday that the urea market had “gone through the roof.”

People are begging us to sell. We are very choosy who we sell this product to. We are loading a ship going to US, Brazil, Mexico, India… The EU are trying to buy from us” he said.

The fertilizer factory sits on 500 hectares (1,235 acres) of land on the outskirts of Lagos and has a capacity to produce 3 million metric tons of urea yearly, making it the second largest plant in the world, Dangote said.

full-report @CNN

corresponding:

30.03.2022: Dangote eröffnet riesige Düngerfabrik

10.08.2018: Billionaire’s huge Nigerian oil refinery likely delayed until 2022

 



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