The launch of the $1.2 billion world largest gas-to-urea fertilizer plant project will kick-start an agricultural revolution in the country.
The promoters of the fertilizer plant, Indorama Eleme Petrochemical Plant, said the a date is being expected for this all-important ground-breaking ceremony.
Indorama’s Managing Director, Mr. Manish Mundra, was quoted in the company’s in-house journal, IMPACT, saying that, “when completed, the project would deliver high quality fertilizers to Nigerian farmers, thereby helping Nigeria to boost agricultural output and enhance food security.”
The project worth US$1.2 Billion has already attracted huge financing from many international and local financial institutions, revealed the Finance Director, Mr. Munish Jindal.
It would be recalled that President Goodluck Jonathan had promised to support the project because of the huge impact it would have on the country’s agricultural sector and the creation of employment opportunities for Nigerians, when he was informed about it in 2011.