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As cost of living spikes, buying fertilizer gets tougher for farmers

Fertilizer is no longer a popular option for many smallholder farmers, which may have an impact on crop production in many rural areas. Since the start of the wet season, farmers said their personal resources have been depleted by rising living expenses alongside high cost of inputs and services which have translated into an extremely…

INTERVIEW: Price of fertilizer under presidential initiative likely to go up

7 min read Olajide Aogo, managing director, Matrix Fertilizer Limited (MFL), believes that so far, the Presidential Fertilizer Initiative (PFI) has been effectively and efficiently implemented under the watch of However, he said due to the imminent changes in the mode of operation of the PFI structure and the current forex rates, it is certain that fertilizers won’t be sold at N5000 per 50kg bag this year as it was sold in the previous year. In this interview, he speaks about some of the challenges bedeviling fertilizer blending companies operations and the ways they are also contributing towards alleviating poverty, and the country’s quest to achieve food security.

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