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Aliko Dangote opens huge fertilizer plant in Nigeria as food crisis looms

The $2.5 billion urea and ammonia fertilizer plant was commissioned by Nigeria’s President Muhammadu Buhari in Lagos, where Dangote is also due to open a 650,000 barrels per day oil refinery, later this year.

“People are begging us to sell,” he said.

“We are very choosy who we sell this product to.
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We are loading a ship going to US, Brazil, Mexico, India… The EU are trying to buy from us,” he added.

The fertilizer factory sits on 500 hectares (1,235 acres) of land on the outskirts of Lagos and has a capacity to produce 3 million metric tons of urea yearly, making it the second largest plant in the world, Dangote said.

Workers walk past the newly inaugurated Dangote fertilizer plant in Lagos, Nigeria.
Its launch comes at a critical time. The war in Ukraine has driven up prices and caused global food shortages. Russia and Ukraine are major suppliers of urea, potash and phosphate, key components of fertilizers. The countries are also major global suppliers of wheat…

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