The first consignment of fertilizer from Morocco has arrived Nigeria, following the signing of a Memorandum of Understanding, MoU, on the supply of phosphate between Nigeria and Morocco.
The group managing director of the Nigerian National Petroleum Corporation, NNPC, Maikanti Baru, stated this while receiving the National coordinator of the New Partnership for African Development, NEPAD-Nigeria, Gloria Akobundu, at the NNPC Towers.
Mr Baru said in a statement that more cargoes are expected for blending plants in the country.
He said the MoU between the two countries was for the supply of phosphate to rejuvenate agriculture by making fertilizer available and affordable.
“The Moroccans have already supplied a cargo of phosphate which has been delivered to various blending plants across the country. Already, eleven blending plants have come into production because of the supply,” Mr Baru said.
According to the GMD, aside being a huge boost to the Nigerian agricultural sector and the economy, the partnership is expected to boost bilateral relationship between the two countries, in line with NEPAD’s objective of championing regional economic partnerships and integration.
Earlier in her remarks, Ms Akobundu stated that they were in the NNPC to seek for areas of collaboration with the Corporation especially in their quest to promote regional integration on the continent.
“As NEPAD, we are mandated to identify and work with strategic partners to facilitate, monitor and promote the implementation of developmental projects across the continent,” she stated.