President MUHAMMADU BUHARI has declared that Nigeria’s dependence on imported products in the agriculture sector will soon be a thing of the past with the inauguration of Dangote Fertilizer Plant, which has an installed capacity of 3.0 million metric tonnes of Urea per annum.

Speaking at the commissioning of the plant in Ibeju Lekki, Lagos State, the President said the plant will further advance Nigeria’s drive towards achieving self-sufficiency in food production, create jobs, increase the inflow of foreign exchange and accelerate economic growth.

He commended the Chairman, Board and Management of the Industry for their business initiative in conceptualizing and building this plant, which is the second-largest in the world.

The President expressed confidence that the investment in this plant will replicate the Group’s earlier exploits in the cement sector, where Dangote Cement holds the enviable record as our continent’s largest cement producer, with footprints in ten other African countries.

On other benefits of the plant, the President expressed delight that with the commencement of exports to other countries including the United States, India, and Brazil, Nigeria is already gaining extensively in earnings of foreign exchange from the excess production of, and export from, the plant.

He noted that coming on stream of the plant had created huge opportunities in the areas of job creation, trade, warehousing, transport, and logistics, which would, in turn, create significant wealth, reduce poverty, and help in securing the future of the nation.

President Buhari used the occasion to reassure Nigerians that his government is focused on providing an enabling environment for the private sector to thrive, pledging continuity in improving infrastructure, power and security as well as enacting relevant laws and regulations to drive investments in the economy.