Osinbajo to Inaugurate Edo Fertilizer Plant Tomorrow
The Edo State Government will tomorrow receive Vice
President Yemi Osinbajo to inaugurate the state Fertilizer and Chemical Plant
located in Auchi, headquarters of Etsako West Local Government Area.
The fertilizer plant owned by the state government
was rehabilitated by WACOT Limited in collaboration with the state government.
Inauguration of the plant is to reiterate the federal
government’s actualisation of the Presidential Fertilizer Initiative (PFI) launched
by President Muhammadu Buhari last year.
The initiative is part of the administration’s
drive towards achieving self-sufficiency in food production and economic
diversification through agriculture.
Against this backdrop, therefore, the rejuvenation of
the state fertilizer plant is an integral part of Governor Obaseki’s
Accelerated Agriculture Initiative designed to support and actualise the job
creation and food sustainability vision of the Buhari’s administration, through
Public Private Partnership (PPP).
This, according to the state Governor, Godwin Obaseki will
not only enhance the state’s socio-economic status, but would create an avenue
for the youths to leverage on the expertise of major players in the
agricultural sector.
The state fertilizer plant managed by WACOT Limited would
benefit from the unprecedented bilateral cooperation between the governments of
Nigeria and Morocco, which has already resulted in the revitalisation of 11
fertilizer blending plants across the country.
Speaking recently while inspecting the plant,
Obaseki commended WACOT Limited and used the opportunity to reiterate his
administration’s commitment towards helping to achieve the federal government’s
agricultural self-sufficiency drive for the country.
The Group Managing Director of TGI Group, the parent
company of WACOT Limited, Mr. Rahul Savara, said the plant has been optimised for both
physical and compound blending and that it was ready for operation.
On the Group’s involvement in the agricultural
sector, Savara said, “We are firm believers in this administration’s vision of
attaining food self-sufficiency.
Therefore we will continue to invest in the
agriculture sector significantly with interventions targeted at the various
agricultural value chains.”
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