The 3.0 million metric tonnes of its Fertiliser plant and around 88 planned and announced plants are scheduled to come online, predominantly in Asia and Africa, over the next five years.
GlobalData, which made this announcement in its Global Urea Capacity Additions by 2030, released recently, hinted that the completion of Dangote Fertiliser has made Nigeria the third-highest country in terms of capacity additions, with a capacity of 11.58 million tpy by 2030. “Major capacity additions will be from two planned plants Dangote Group Lekki Urea Plant 1 and Dangote Group Lekki Urea Plant 2 with a capacity of 1.50 million tpy each by 2030,” it added.
Dangote Fertiliser plant has however placed Nigeria in the third position among other countries, like Iran and India that will lead in global urea capacity growth by 2030.
The report classified Dangote Industries Limited, Nagarjuna Fertilisers and Chemicals Limited, and Fertiliser Corporation of India Limited as the top three companies globally in terms of planned capacity addition to global urea production by 2030.
Dangote Industries Limited has completed the largest fertilizer plant in West Africa. The Dangote Fertiliser Project is the largest Granulated Urea Fertiliser complex in the entire fertilizer industry history in the world, with an investment of $2.5 Billion capacity of 3 Million Tonnes Per Annum TPA. The Fertiliser complex consists of Ammonia and Urea plants.
The Dangote Fertiliser plant, which has created thousands of direct and indirect jobs in construction and related fields, will provide a major boost to the agricultural sector by significantly reducing the importation of fertilizer in Nigeria and ultimately removing the need for imports when the plant is in full production.
Speaking during the truck out of urea fertilizer recently, Group Executive Director, (Strategy, Capital Projects & Portfolio Development) Dangote Industries Limited, Devakumar Edwin, revealed to the press over the weekend that the Plant, which has the capacity to turn out more than 4,500 tonnes of urea per day will conveniently meet the local demand and even produce for exports.
According to him: “We have the capacity to turn out 4,500 tonnes of Urea every day…this is a bulk application fertilizer…each crop in Nigeria or globally will require Nitrogen and this is a rich fertilizer, having 46 percent nitrogen. The company has the capacity to meet local demand and also export to African countries… Currently, the demand is less than 1 million tonnes and we alone can produce 3 million tonnes, so we can easily meet local demand and also produce for export to other West African countries.”
Speaking on this feat, professor in the African- American Studies department at Hunter College United States,
Ehiedu E. Iweriebor stated: Dangote Fertiliser plant, which is a component of the refinery and petrochemical complex, has become a national, continental, and global game-changer.
“For Nigeria, it provides it with the first hard manufactured product on a large scale to the World, for the African, North and South American market.
“At least for the first time in our lifetime, we will be exporting petroleum products. We’ll also see Nigeria for the first time exporting fertilizer rather than using a hard-earned foreign exchange to import fertilizer.”
He described the Fertiliser plant as a pan-African global setting event. “The continent through the actions of the visionary and audacious son of African, Aliko Dangote industrial Nigeria-Africa is finally emergent”, he added.
Brace Foundation Gives Attention to Children with Special Needs The Brace Foundation on Friday in…
*Accolades to Christ House Of Prayer and Deliverance Ministry as they are set to celebrate…
Professor Fidelis Oditah is Wrong about the EFCC By Dele Oyewale Professor Fidelis Oditah’s recent…
**Ijebu Man of The Year Awards: Prince Segun Kaka Set to be Honored for Outstanding…
Kingmaker of Muguland: Dr. Banwo Releases Leaked Preview of Highly Anticipated Thriller Dr. Ope…
"The Power of Building Resilience" By Prudent Ludidi Ladies and gentlemen, Life is unpredictable.…