President
Muhammadu Buhari has approved the payment of the outstanding N22billion meant for dealers of agricultural inputs,
popularly known as agro-dealers, in order to ensure the seamless distribution
of fertilizer’s at an approved rate of N5,500 for 50kg.
As part
of measures to bring down the price of the commodity and enhance its
distribution, the National Chairman, Agro-dealers Association of Nigeria,
Kabiru Fara, told newsmen in Abuja yesterday that President Buhari had to approve the payment of the
balance of N22bn out of the N66bn that was owed the agro-dealers by the
previous government.
He
stated that agro-dealers would use part of the money to make purchases as well
as distribute the commodity, and urged the Federal Government to ensure the
speedy release of the funds.
Fara also
urged the government to ensure that fertilizers were sold at the approved rate
of N5,500 across the country by addressing issues of logistics.
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