{"id":50034,"date":"2021-06-27T19:35:55","date_gmt":"2021-06-27T18:35:55","guid":{"rendered":"https:\/\/nationalwire.com.ng\/?p=50034"},"modified":"2021-06-27T19:36:42","modified_gmt":"2021-06-27T18:36:42","slug":"dangote-makes-nigeria-third-highest-country-in-terms-of-urea-capacity-additions","status":"publish","type":"post","link":"https:\/\/nationalwire.com.ng\/sub\/dangote-makes-nigeria-third-highest-country-in-terms-of-urea-capacity-additions\/","title":{"rendered":"Dangote Makes Nigeria Third-Highest Country In Terms Of Urea Capacity Additions"},"content":{"rendered":"

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With the coming on stream of Dangote Fertiliser Limited, global urea capacity is poised to see considerable growth over the upcoming years, potentially increasing from 222.96 million tonnes per annum (mtpa) in 2020 to 305.92 mtpa in 2030, registering a total growth of 37%, according to a GlobalData report.<\/div>\n

\u00a0The 3.0 million metric tonnes of Dangote Fertiliser plant and around 88 planned and announced plants are scheduled to come online, predominantly in Asia and Africa, over the next five years.<\/p>\n

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\u00a0GlobalData, 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. \u201cMajor 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,\u201d it added.<\/p>\n

\u00a0Dangote 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.<\/p>\n

\u00a0The 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.<\/p>\n

\u00a0Dangote Industries Limited has completed\u00a0 the largest fertiliser Plant in West Africa. The Dangote Fertiliser Project is the largest Granulated Urea Fertiliser complex in the entire fertiliser industry history in the world, with an investment of $2.5 Billion capacity of 3 Million Tones Per Annum TPA. The Dangote Fertiliser complex consists of Ammonia and Urea plants.<\/p>\n

\u00a0The 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 fertiliser in Nigeria and ultimately removing the need for imports when plant is in full production.<\/p>\n

Speaking during the truck out of urea fertiliser recently, Group Executive Director, (Strategy, Capital Projects & Portfolio Development) Dangote Industries Limited, Devakumar\u00a0 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.<\/p>

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\u00a0According to him: \u201cWe have the capacity to turn out 4,500 tonnes of Urea everyday\u2026this is a bulk application fertiliser\u2026each crop in Nigeria or globally will require Nitrogen and this is a rich fertiliser, having 46 per cent nitrogen.The company has the capacity to meet local demand and also export to African countries\u2026 Currently the demand is less than 1 million tonnes and we alone can\u00a0 produce 3 million tonnes, so we can easily meet local demand and also produce for export to other West African countries.\u201d<\/p>\n

Speaking on this feat\u00a0 \u00a0professor in the African- American Studies department at Hunter College\u00a0 United States,<\/p>\n

Ehiedu E. Iweriebor stated: Dangote Fertiliser plant, which is a component of the refinery and petrochemical complex, has become\u00a0 national, continental and global game changer.<\/p>\n

\u00a0“For Nigeria it provides it with the first hard\u00a0 \u00a0manufactured product on a large scale\u00a0 to the World, for the African, North and\u00a0 South American market.<\/p>\n

\u00a0“At least for the first time in our life time, we will exporting petroleum products.\u00a0 We’ll also see Nigeria for the first time exporting fertilizer rather than using hard-earned foreign exchange to import fertilizer.”<\/p>\n

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\u00a0 Nigeria-Africa is finally emergent”, he added.<\/p>\n

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With the coming on stream of Dangote Fertiliser Limited, global urea capacity is poised to see considerable growth over the upcoming years, potentially increasing from 222.96 million tonnes per annum (mtpa) in 2020 to 305.92 mtpa in 2030, registering a total growth of 37%, according to a GlobalData report.<\/p>\n","protected":false},"author":6,"featured_media":50035,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[23,17],"tags":[7859],"coauthors":[2391],"class_list":["post-50034","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-business","category-news","tag-dangote-fertiliser"],"yoast_head":"\nDangote Makes Nigeria Third-Highest Country In Terms Of Urea Capacity Additions - National Wire<\/title>\n<meta name=\"description\" content=\"With the coming on stream of Dangote Fertiliser Limited, global urea capacity is poised to see considerable growth over t\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nationalwire.com.ng\/sub\/dangote-makes-nigeria-third-highest-country-in-terms-of-urea-capacity-additions\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dangote Makes Nigeria Third-Highest Country In Terms Of Urea Capacity Additions - 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