The Edo
State Government and WACOT Limited will on Tuesday, August 29, 2017 receive the
Vice President, Professor Yemi Osibanjo, for the commissioning of the Edo State
Fertilizer and Chemical Company Limited located in Auchi, Edo State.
The NPK
fertilizer plant which is in-line with the Federal Government’s Presidential
Fertilizer Initiative PFI, Launched by President Muhammadu Buhari in 2016, is
part of the administration’s drive towards achieving self-sufficiencyin food production
and economic diversification through agriculture.
According
to Governor Obaseki the rejuvenation of the Fertilizer plant is an integral
part of the Accelerated Agriculture Initiative vision of the administration,
designed to support and actualize the job creation and food sustainability
vision of the Buhari administration, through Public Private Partnership PPP,
for an enhance state’s socio-economic growth and development in the state.
Speaking
on the current state of the plant, the Group Managing Director of TGI Group,
the parent company of WACOT Limited Rahul Savara, noted that the plant has been
optimized for both physical and compound blending, adding that, it is ready for
operation.
It
would be recalled that the Vice President recently commissioned a multi-billion
naira WACOT Rice Mill in Argungu, Kebbi state.
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