ABUJA — President Muhammad Buhari got to dedicate three major economic projects in 24 hours including:
the new international terminal at Lagos International Airport
a Toyota Service and Research Center
and a $2.5 billion Dangote Fertilizer plant
While the world resembles the plot of Things Fall Apart, Buhari said the new terminal would: “with sixty-six check-in-counters, sixteen Immigration desks at arrival, twenty-eight Immigration desks at departure, and eight security screening points, among others, will go a long way in contributing to the socio political and economic prosperity of our great nation.
This improvement will increase airport operations and management services to about 14 million passengers per annum, with the attendant positive multiplier effects, by creating about 3,000 direct and indirect employment opportunities for our youths, increased inflow of Foreign Direct Investments and exponential growth in the Gross Domestic Product.”
A statement from Dangote Fertilizer read: “Dangote Fertiliser Plant is Africa’s largest Granulated Urea Fertiliser complex. The plant occupies 500 hectares of land in Lekki Free Trade Zone, Lagos Nigeria. It was built at a cost of $2.5 Billion.
“With Nigeria estimated to need about 5 to 7 million metric tonnes per annum of fertiliser and with the current level of fertiliser consumption in the country which is 1.5 million metric tonnes, Dangote Fertiliser complex was established to produce 3 million metric tonnes per annum of urea fertiliser in phase 1.
Dangote Fertiliser works with Farmer Associations, Corporate Farms, NPK Blenders, NGO/development partners and State Governments all over Nigeria, as well as governments across Africa and beyond who are looking for sustainable approach to improve soil and farm yields.
The coming on stream of Dangote Fertilizer would surely make Africa self-sufficient in food production and a net exporter of food to the world.