Fertilizer export contributed $2.8bn to non-oil GDP in 2024 – FEPSAN

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Fertilizer Producers and Suppliers Association of Nigeria (FEPSAN) has said that fertilizer export of $2.8 billion was the highest contributor to non-oil sectors’ Gross Domestic Product (GDP) in 2024. According ... Source

Fertilizer Producers and Suppliers Association of Nigeria (FEPSAN) has said that fertilizer export of $2.8 billion was the highest contributor to non-oil sectors’ Gross Domestic Product (GDP) in 2024. According to the Nigeria Export Promotion Commission (NEPC) in a 2025 report, fertilizer, cocoa beans exports were the drivers of the non-oil sector growth.

Speaking at a press briefing Thursday in Abuja, titled “Value for Proposition for 2025 Fertilizer Season”, National President of FEPSAN Sadiq Kassim said the association is open to more collaboration with stakeholders to further drive the product’s contribution to the country’s GDP. He said, “I believe we have not been able to procure and utilize more than 2 million tons per annum in the country. So that gives us 4 million tons of excess which is being exported now.



Now go back again and check CBN data on export earnings from by Nigeria, non oil export earnings you will discover in 2024 fertilizer export contributed the largest non-oil export earnings for Nigeria in 2024 if my numbers are correct, but please verify that of the five point something billion dollar export Nigeria did in non oil, 2.8 billion of it was fertilizer.” Kashim assured Nigerians farmers that the Association will ensure they have access to quality and affordable fertilizers.

The FEPSAN President, while noting that the 2025 farming season is about to commence, said the fertilizer industry in conjunction with key partners in government is putting measures in place to ensure its hitch free. “The association is grateful for the immense support that the President Bola Ahmed Tinubu led government continues to give to ensure that investments in the Industry thrive and more importantly farmers have timely access to affordable, quality fertilizers to boost productivity and ensure food security. “The PFI is being strengthened to make it more efficient to meet the demand of manufacturers and blenders in Nigeria,” he said.

The FEPSAN chief explained that “Over the last three years, we have observed that the consumption of fertilizer in Nigeria, especially MTK fertilizers, has hovered between 650,000 to 750,000 metric tons. This was in the last three years. Today, in 2025 we are targeting to produce a million metric tons, and we have the necessary raw materials available in the country presently in the hands of fertilizer, blenders, or at the port or in the ships on their way arriving in Nigeria.

So we’ll be able to meet all the requirements. And we have seen, historically, the first batch of production or demand for fertilizer beginning from this month is actually about 600,000 metric tons at the most. We believe that we are capable of producing that.

” With the PFI-NPK Ltd fully in place, the FEPSAN helmsman said the company is addressing the shortfall in fertilizer supply. “Stock position to commence the farming season is at 400,000 tons of NPK. The raw materials in-country at various plants stands at about 80,000 tons DAP, 60,000 tons MOP, 114,000 tons of GAS.

Urea is produced locally so plants can be restocked in one week’s notice. “Arrangements have been made by PFI-NPK Ltd for the continuous supply of about 150,000 tons of MOP to begin arriving by the end of April, 100,000 tons of DAP to start arriving by May and 150,000 tons of Granular Ammonium Sulphate (GAS) to start arriving by May as well. “Blenders have put in requests for raw materials to blend over 1 million tons of NPK.

Historical figures of the past 3 years have been less than a million tonnes of NPK,” he added..