Featured SMEs

No record of scarcity, price hike on fertilizers in Kaduna State –Official

Kaduna State Government says it has enough stock of fertilizer to be sold to farmers during the 2019 crop season in the state.

Mr Bungwun Bege, a Deputy Director and Desk officer for fertilizer distribution in the State’s Ministry of Agriculture and Forestry, disclosed this on Friday  in Kaduna.

Bege said the state government had entered into an agreement with two companies, Flour Mills and TAK Fertilizer, as the major suppliers of the commodity to farmers in the state.

He said each of the companies had agreed to deliver 5,000 metric tons at the initial stage to farmers at government approved rate of N5, 500 per 50kg bag, “and so far, there is no price increment of the product by the suppliers.”

According to him, the suppliers have faced glut during the 2018 crop season because they oversupplied the commodity to farmers in the state.

Bege said there was no scarcity of the commodity in the state, saying “Flour Mills has five trucks while TAK has two trucks of 600/50kg bags in State Government stores in each of the 23 local government areas in the state.

“While farmers in some local governments have bought up to 19 trucks, others are yet to buy up two trucks, as they buy according to their needs.”

Bege added that so far, the ministry was yet to receive any complain of either scarcity or hike on the price of the commodity from farmers in any part of the state.

Related posts

Nigeria, African countries pushing for debt cancellation– Gbajabiamila

Our Reporter

OPEC revises 2021 global economic growth forecast, amid second wave COVID-19 fears –Barkindo

Meletus EZE

Smuggling: Navy nabs 13 suspects, seizes 2,053 bags of rice in A’Ibom

Meletus EZE

Poor documentation: N93bn pensions unpaid into workers’ accounts

Our Reporter

Adopting Agora’s options for revamping Nigeria’s economy

Our Reporter

OPEC calls for higher oil investments to avoid rampant volatility

Our Reporter