Indorama, one of the largest producers of urea fertilizer in Nigeria has said farmers in the country will soon have access to its new product, the granulated urea and NPK fertilizer, for their crop production nationwide.
Anand Kumara, an official of the Indorama Eleme Petrochemicals Limited (IEPL), a subsidiary of Indorama Corporation based in Port Harcourt, producing urea fertiliser stated this during the just concluded Daily Trust Agric confab in Abuja.
“In the nearest future, we hope to sell the granulated urea to more farmers and in every corner of Nigeria. We are trying to see if we can also launch the NPK into the Nigerian market. The fertilizer is going to be affordable and cheap to farmers, although the prices will vary in places due to transportation,” he explained.
According to him, the company currently has a production capacity of 1.4 million metric tonnes a year.
Speaking on the distribution channel, he said, “There are certain ways in the distribution channels; first of all, we give to our dealers, from the dealers, it goes straight to the retailers and from them, it goes to the farmers.
“What we are doing is we are starting from the primary distribution channels, which are the dealers and then the secondary distribution channels which are the retailers. Sometimes, we supply directly to the retailers” Mr. Kumara stated.
He noted that although the current recession in the country is affecting the cost of fertilizer, “in some areas, we sell at N6,100 per bag, while in some places we sell for N6,800 per bag.”