NSIA Expands Fertiliser Plants From 4 to 92, Hands Over PFI Management to MOFI
The Nigeria Sovereign Investment Authority (NSIA) has achieved a major milestone in Nigeria’s agricultural sector, increasing the number of operational fertiliser blending plants from just four in 2016 to 92 as of July 2025. This development was revealed during the annual Presidential Fertiliser Initiative (PFI) stakeholder forum in Abuja, where industry leaders, government officials, and agricultural value chain participants reviewed the programme’s progress and successes.
The PFI, launched in 2016, was designed to address structural inefficiencies in Nigeria’s fertiliser supply chain and curb heavy reliance on imports. Guided strategically by NSIA in collaboration with the federal government, the initiative revitalised the fertiliser blending industry, delivering over 128 million bags of high-quality blended fertiliser to Nigerian farmers. This has significantly improved fertiliser accessibility, affordability, and overall agricultural productivity nationwide.
Beyond improving supply, the programme has delivered substantial socio-economic benefits. It has created more than 100,000 direct and indirect jobs and enhanced food security despite disruptions from the COVID-19 pandemic, the Russia-Ukraine war, foreign exchange fluctuations, and macroeconomic challenges such as the naira’s devaluation.
In a key strategic shift, management of the PFI has been officially transferred to the Ministry of Finance Incorporated (MOFI). The transition is expected to strengthen the programme’s sustainability by focusing on financial resilience, operational efficiency, and innovation. Planned advancements include adopting wet blend technology, expanding to underserved regions, and increasing private sector involvement.
NSIA managing director Aminu Umar-Sadiq hailed the PFI as a shining example of successful public-private collaboration, while MOFI’s managing director Armstrong Ume Takang praised NSIA’s role in improving fertiliser quality and boosting crop yields. Both leaders expressed optimism that the initiative, under MOFI’s stewardship, will continue to bolster Nigeria’s agricultural value chain and drive socio-economic growth.
Source: Leadership