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Presidential Fertiliser Initiative Saves Nigeria Over N60bn Annually -NSIA

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The Nigeria Sovereign Investment Authority (NSIA) has highlighted the impact of the Presidential Fertiliser Initiative which has been instrumental in transforming the nation’s agricultural sector since its inception in 2016.
The initiative, which it said, saved Nigeria over N60 billion annually by eliminating fertiliser subsidies, was the focus of a stakeholders’ roundtable held on Monday.
The event, themed “The Presidential Fertiliser Initiative: Imperative for Food Security,” brought together key players in the industry to review the initiative’s achievements and chart a course for its future.
In a statement issued on Monday, NSIA spokesperson, Joyce Onyegbula, noted that the PFI has not only addressed long-standing inefficiencies in Nigeria’s fertiliser sector but also led to the resuscitation and establishment of 84 blending plants across the six geo-political zones of the country.
This achievement has been further complemented by the creation of over 100,000 direct and indirect jobs, and the generation of more than $200 million in foreign exchange savings.
“The PFI, under the strategic leadership of the NSIA, has commendably resuscitated and established 84 blending plants across the six geo-political zones in Nigeria, accrued over USD200 million in foreign exchange savings, created more than 100,000 direct and indirect jobs, and generated annual fiscal savings of over N60 billion from fertiliser subsidy elimination.
To date, the initiative has delivered 90 million bags of locally blended high-quality fertilizers to farmers,” the statement said.
At the event, the Managing Director and CEO of NSIA, Aminu Umar-Sadiq, represented by the Head of Corporate Planning at NSIA, Sybil Etuk, emphasised that “the PFI aligns with the authority’s mandate to strengthen the agricultural sector, uphold import substitution as a critical lever for national development, and ultimately create shared value for all stakeholders.”
Despite global disruptions such as the COVID-19 pandemic and the ongoing Russia-Ukraine war, the PFI has ensured a steady supply of fertilisers, safeguarding the country’s agricultural productivity.
However, the NSIA acknowledged that foreign exchange fluctuations continue to pose challenges, particularly in the procurement of key imported raw materials, adding complexity to the value chain.
The authority’s Project Lead, Iruansi Itoandon, praised the initiative, calling it “a shining example of what we can achieve when we work together with a shared vision for our country’s future.”
Looking ahead, the NSIA said it was keen on positioning the PFI for even greater impact, with discussions ongoing about transitioning the initiative to full private sector control for its continued success.
The President, Fertiliser Producers and Suppliers Association of Nigeria, Sadiq Kassim, proposed the establishment of a fertiliser institute in collaboration with FEPSAN to “build the technical and financial capacity of players within the ecosystem.”

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May Day: Labour Seeks Inclusiveness In Policy-making 

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The Organised Labour yesterday, called on the Federal Government to ensure inclusiveness in policy making and guide against erosion of rights, such as free speech and association.

The President, Nigeria Labour Congress (NLC), Mr Joe Ajaero made the call at the 2025 Workers’ Day celebration held at the Eagle’s Square, Abuja.

The Tide source reports Ajaero and the President, Trade Union Congress, Mr Festus Osifo delivered a joint statement on behalf of the organised labour at the event.

Ajaero described May Day as, not only a moment to honour workers’ sacrifices, but also a platform to demand justice and accountability from those in public office.

He frowned at the alleged suppression of protests, and the erosion of rights  of workers by some agents

According to him, workers have a duty to resist economic injustice, insecurity, and policies that undermine their dignity.

Speaking on the theme of the day, the NLC President underscored the need for Nigerian workers to reclaim the civic space and resist policies that contribute to worsening economic conditions.

“Our theme this year – “Reclaiming the Civic Space in the midst of Economic Hardship – reflects the urgent need for citizens to protect democracy and push back against repression.

“The civic space, where Nigerians express their concerns and challenge injustices is shrinking.

“If we fail to reclaim this space, the foundation of our democracy risks collapse,” he said

Ajaero, therefore,  urged workers to unite and resist division, fear, and despair.

He also urged them to mobilise and organise for change, declaring that the right to  demand better conditions is non-negotiable.

“Without workers, there is no society; without labour, there is no development. We must take our place in the fight for economic justice and democratic governance.”

Speaking in the same veins, Osifo said workers are the backbone of the nation—the educators, healthcare providers, builders, farmers, and innovators who sustain its economy -.

He stressed the need for the labour to reclaim the civic space even in the midst of economic hardship.

 

 

 

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2025 UTME: JAMB Disowns Site Requesting Payment From Candidates

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The Joint Admissions and Matriculation Board (JAMB) has disassociated itself from a fraudulent site requesting payments from candidates who missed the ongoing 2025 Unified Tertiary Matriculation Examination (UTME).

The board said that the site, “Copyrightwriter Personal J Rescheduling Flw” and account number 8520641017 at Sterling Bank, associated with it, are scam.

The disclaimer is contained in a statement made available to newsmen in Abuja on Thursday by the Board’s Public Communication Advisor, Dr Fabian Benjamin.

Benjamin said the account is being exploited to defraud unsuspecting candidates who missed their UTME.

“We issue this urgent notice to inform the public about this nefarious scheme targeting candidates who were unable to participate in the UTME.

“Some unscrupulous individuals are deceitfully soliciting payments of N15,700 under the false pretence of offering rescheduling services for the examination.

“Let us be unequivocal: this, it is a blatant scam, and we are confident that the public will not fall prey to such cheap and regressive tactics.

” The individuals behind this scam have no affiliation with JAMB or any legitimate government agency.

“The account details provided in these communications are entirely fictitious and bear no connection to any official processes; they exist solely for the purpose of perpetrating fraud,” he said.

Benjamin called on Sterling bank to take immediate and decisive action against this criminal activity.

According to him, JAMB has reported the matter to the relevant security agencies and actively pursuing those responsible for this deceitful act.

He further said that “JAMB does not reschedule examinations for candidates who miss their scheduled tests due to reasons unrelated to the Board’s actions”.

He, however, said that the Board is conducting a thorough investigation for candidates whose biometrics failed during verification and were thus unable to sit for the examination.

He said those without discrepancies would be invited to retake the examination at no cost , stressing that “no cost is required”

“It is imperative to understand that JAMB does not charge any fees for examinations after a candidate has completed their registration.

“We strongly urge all candidates to remain vigilant and not to succumb to these fraudulent schemes.

“Protect yourselves and report any suspicious activity immediately,” he explained.

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NDDC Seeks UN’s Support To Accelerate Niger Delta Development

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The Niger Delta Development Commission (NDDC) has expressed its willingness to partner with the United Nations (UN) to accelerate the development of the Niger Delta region.

Dr Samual Ogbuku, Managing Director of the NDDC, made the appeal in a statement issued by the commission’s Director of Corporate Affairs, Mrs Seledi Thompson-Wakama, in Port Harcourt on yesterday.

According to the statement, Ogbuku sought the UN’s support during his visit to the UN Resident and Humanitarian Coordinator (UNRHC), Mr Mohammed Fall, at the UN regional office in Abuja.

He called on the global body to provide the NDDC with technical assistance and expert services to support the region’s development.

“We are eager to collaborate with the UN, recognising that the state governments in the region and the NDDC alone cannot achieve the level of regional development required,” he said.

Ogbuku identified key areas where support would be needed, including the provision of portable and affordable drinking water powered by high-tech solar energy sources.

He also highlighted the importance of reforesting the mangrove swamps, which have been severely damaged by decades of environmental degradation caused by oil exploration in the Niger Delta.

“Although the NDDC has made progress in providing solar-powered streetlights across the region, we still require UN support in delivering solar energy solutions for residential buildings.

“We also wish to explore the possibility of installing solar mini-grids in homes across communities, which would boost local commerce and trade,” he added.

The NDDC managing director further appealed for increased UN involvement in areas such as healthcare, education, youth training, gender development, and food security.

Ogunku stated that such interventions would significantly enhance the standard of living in the region.

In response, Fall affirmed the UN’s readiness to collaborate with the NDDC to fast track development in the Niger Delta.

He assured that the UN would support initiatives in food security, job creation, education, and renewable energy, among other areas.

“We aim to approach development in the Niger Delta holistically, rather than focusing solely on environmental pollution.

“This is merely an entry point; however, the UN’s development vision aligns with the Sustainable Development Goals (SDGs), which are designed to positively impact various aspects of people’s lives,” Fall stated.

He assured the NDDC of continued and fruitful engagements to drive the region’s development.

 

 

 

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