P
ProfRem
Guest
President Muhammadu Buhari says the nation’s Agricultural revolution drive is no longer a matter of speculation but of urgent necessity.
The President stated this at an audience with Ambassador Nasser Bourita a special envoy of King Mohammed VI of Morocco last Friday.
President Buhari approved the Moroccan proposal, and said that it would “improve food security and create jobs for the unemployed youth.”
OCP fertilizer factory is a Moroccan company that produces fertilizers. They recently released a line of products that focus on high performance and agricultural sustainability.
Nigeria’s economy has been struggling since the price of oil fell. The oil industry has been declining consistently since 2014.
Based on market estimates by the Foreign Exchange Capital Market (FXCM), crude oil is priced at $45.64 per barrel. In 2014, it was about $105. Countries with economies that are dependent on oil, such as Nigeria, have experienced difficulty replacing lost jobs and revitalizing their economies.
Officials hope that the fertilizer factory will create jobs for Nigerians, and hopefully relaunch agriculture in Africa’s most populous country.
The President stated this at an audience with Ambassador Nasser Bourita a special envoy of King Mohammed VI of Morocco last Friday.
President Buhari approved the Moroccan proposal, and said that it would “improve food security and create jobs for the unemployed youth.”
OCP fertilizer factory is a Moroccan company that produces fertilizers. They recently released a line of products that focus on high performance and agricultural sustainability.
Nigeria’s economy has been struggling since the price of oil fell. The oil industry has been declining consistently since 2014.
Based on market estimates by the Foreign Exchange Capital Market (FXCM), crude oil is priced at $45.64 per barrel. In 2014, it was about $105. Countries with economies that are dependent on oil, such as Nigeria, have experienced difficulty replacing lost jobs and revitalizing their economies.
Officials hope that the fertilizer factory will create jobs for Nigerians, and hopefully relaunch agriculture in Africa’s most populous country.