Morocco and Nigeria Launch $1.3 Billion Chemical Plant to Boost Fertilizer Production

Resulting from Moroccan-Nigerian cooperation, the plant under construction on Nigerian soil aims, according to Mouhamadou Bouhari, to produce ammonia, phosphoric acid, sulfuric acid and various nitrogen, phosphorus and potassium (NPK) and diammonium phosphate (DAP) fertilizers, using the country’s gas reserves.

"The Sovereign of Morocco, HM King Mohammed VI, and I have agreed to extend the current phosphate supply agreement concluded between the Kingdom of Morocco and Nigeria. We are convinced that to consolidate and strengthen the successes achieved so far, we must guarantee the supply of raw materials to our blenders," explained Mr. Buhari, the Nigerian Head of State, during a meeting with the Association of Fertilizer Producers and Suppliers of Nigeria (FEPSAN).

At a total cost of $1.3 billion, the new plant will strengthen the industrial arsenal of Dangote and Indorama Chemicals, which produce urea, ammonia and other industrial raw materials.

"When these projects are combined with the 44 existing blending plants, Nigeria will indeed become a regional and global hub for fertilizers," he rejoiced before expressing his thanks to King Mohammed VI for his support during this experience, which he considers "both difficult and exciting."