By Fatima Saka
Abuja – The Managing Director and Chief Executive Officer of the Ministry of Finance Incorporated (MOFI), Dr. Armstrong Ume Takang, has assured Nigerian farmers that the Presidential Fertilizer Initiative (PFI) 3.0 is designed to insulate them from global market shocks and guarantee long-term confidence in the nation’s food supply chain.
Dr. Takang stated that the initiative, which enters a new phase in November when MOFI assumes operational management from the Nigeria Sovereign Investment Authority (NSIA), goes beyond fertilizer volumes to build a resilient, transparent, and efficient system for farmers.
“We are meticulously building a system that can shield farmers from global disruptions while inspiring long-term agricultural planning. The PFI is a prime example of public–private collaboration addressing complex national challenges, and its future reflects Nigeria’s capacity for strategic reform,” Takang said.
According to a statement on Wednesday from the Ministry of Finance Incorporated (MOFI), which is set to assume operational management from the Nigeria Sovereign Investment Authority (NSIA) in November 2025, progress has been consistent. Between 2022 and 2025, 48 vessels have delivered critical raw materials for blending, with 10 vessels accounting for more than 560,000 metric tonnes received this year alone.
This steady inflow is ensuring consistent blending activities across the country. Since inception, the PFI has facilitated the production of 128 million bags of fertilizer, including 4.5 million metric tonnes of finished fertilizer between 2021 and 2024.
The Fertilizer Producers and Suppliers Association of Nigeria (FEPSAN) confirmed that operational blending plants have expanded to more than 90, with a combined capacity of 13 million MT.
Alhaji Sadiq Kassim, President of FEPSAN, praised the programme’s impact: “We have witnessed remarkable improvement in production capacity since the PFI began. Fertilizer is now more available, closer to farmers, and at reduced transportation costs.”
PFI 3.0, endorsed at the August 2025 Stakeholder Roundtable in Abuja, introduced reforms to strengthen traceability, ensure year-round availability, and reduce reliance on imports by accelerating local sourcing of inputs.
READ ALSO: Headfort Foundation takes medical outreach to Inmates at Kirikiri Correctional Centre
FG Reaffirms Commitment to Achieving SDG 6, Unveils Major Water, Hydropower Projects
While acknowledging farmers’ concerns about rising prices, stakeholders stressed that the pressures stem from foreign exchange volatility and global raw material costs, not domestic scarcity.
The PFI’s central mission remains to provide Nigerian farmers with timely, affordable, and reliable fertilizer access, reinforcing President Bola Ahmed Tinubu’s vision for food sovereignty and national food security.
About the Author
