News reports reveals Vice President, Prof. Yemi Osinbajo, will on Tuesday commission the Edo State Fertilizer and Chemical Company Limited (ESFCCL) located in Auchi, Etsako West local government area of the state.
The Fertilizer plant which is jointly owned by Edo State Government and WACOT Limited, was rehabilitated by WACOT Limited in collaboration with Edo State Government, under the leadership of Governor Godwin Obaseki.
A statement from the office of Mr. Crusoe Osagie, Special Adviser (Media) to Governor Obaseki, said the commissioning of the NPK fertilizer plan by Osinbajo, reiterates Federal Government’s actualization of the Presidential Fertilizer Initiative (PFI), which was launched by President Muhammadu Buhari in 2016.
According to the statement, the initiative is part of the “administration’s drive towards achieving food self-sufficiency and economic diversification through agriculture, to which WACOT Limited has been contributing continuously.”
Speaking recently, while inspecting the Edo State Fertilizer plant, Governor Obaseki commended WACOT Limited and used the opportunity to reiterate his administration’s commitment towards helping to achieve the Federal Government’s agricultural self-sufficiency for the country.
The Group Managing Director of TGI Group, the parent company of WACOT Limited, Mr. Rahul Savara, disclosed that the plant has been optimized for both physical and compound blending and that it is ready for operation.
Speaking on the Group’s involvement in the Agricultural sector, Mr. Savara said, “We are firm believers in this administration’s vision of attaining food self-sufficiency. Therefore we will continue to invest in the agricultural sector significantly, with interventions targeted at the various agricultural value chain.”
Also commenting on the development, Mr. Ujwal Senapati, Managing Director of WACOT Limited said, “we will continue to deliver quality agricultural inputs at affordable prices, and in the near future, we will be producing crop-specific fertilizer for a diverse range of crops locally.”