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Osinbajo inaugurates 1.5 billion USD fertilizer plant in Port Harcourt.

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Nigeria’s acting President, Prof. Yemi Osinbajo today in Port Harcourt inaugurated a giant world-class fertilizer plant, built by Indorama Eleme Fertilizer and Chemicals Limited at the cost of $1.5 billion.

The acting President used the opportunity to remind all Nigerians that time has come for them to grow whatever they eat and produce whatever they consume.

“What Indorama is accomplishing today is very much in line with President Buhari’s vision for a country that produces what it consumes and grows what it eats. If you had to sum up our vision for the Nigerian economy in a few words, these would suffice. Grow what we eat, produce what we consume,” he said.

Prof Osinbajo commended Indorama for keying into the Presidential Fertilizer initiative which President Buhari launched last year to make fertilizers cheaper nationwide.

“At the end of last year, the President launched a Presidential Fertilizer Initiative, to ensure the availability of cheaper fertilizer to our farmers, to support what we’re doing in agriculture, in the production of rice and wheat and other staples.

“That Fertilizer Initiative, now well underway, has created significant economic opportunities for companies like Indorama Eleme Fertilizer & Chemicals Limited.

“I have been informed that Indorama will this year alone supply about 360,000 Metric Tons of Urea to Fertilizer blenders, which, in turn, will produce NPK fertilizer for the benefit of farmers across the country.

“This is the kind of economic progress we’re after, in which every unlocked opportunity proceeds to unlock several others, across multiple sectors of the economy.”

The acting President said that the Buhari administration will continue to support Indorama Eleme Petrochemicals Limited, which was privatised in 2006 by the Federal Government.

The plant has also generated lots of job opportunities contributing to the economic prosperity of Nigeria

According to him, the company has turned out to be a huge success story. “I am glad that we’re here today to see one of the success stories of the Federal Government’s privatisation programme,” he said.

“We will continue to support Indorama Eleme Petrochemicals Limited’s expansion ambitions. Our commitment to the privatisation programme is equally assured, and we will continue to do everything to support investors to maximise the potential of their assets,” he said.

Earlier in his address, the Chairman of Indorama Corporation, Mr Sri Prakash Lohia said that the plant which has capacity to produce 1.5 million metric tons of fertilizer per annum is the largest single-train Urea plant in the world.

The Acting President also presented a Certificate of Discharge to the Chairman of Indorama Group, Mr Lohia and the Managing Director, Mr Manish Mundra for successfully accomplishing the post purchase agreement entered into with the Bureau of Public Enterprises on behalf of the Federal Government of Nigeria.

“Following the 2006 handover, the BPE carried out routine monitoring on the enterprise to ensure that the core investor adhered to and implemented the post-acquisition plan it had laid out for the company.”

“Today is the culmination of that process of monitoring and oversight by the BPE. I am delighted that it is taking place on an inspiring and hopeful note, and that we are all here today celebrating a thriving and promising company. We should not take this state of affairs for granted,” he said.

The Plant has a production capacity of 4000 metric tons (MT) of nitrogenous fertilizers per day or 1.5 MT per annum. The world-scale plant has been built with an investment of USD 1.5 billion, a huge Foreign Direct Investment, funded by the International Finance Corporation (IFC) and a Consortium of 15 European and African banks and Financial Institutions.

Governor Nyesom Wike of Rivers State, in his speech said that for Indorama to invest a whopping $1.5 billion in the state, it shows that the state is safe for investors and their investments. He called on other investors to emulate the footsteps of Indorama.

The fertilizer plant is well supported by Port Terminal at the nearby Onne Port Complex, and a Gas Pipeline of 83.5KM for gas supply.

The plant will bring about a green revolution in the agriculture sector not only in Nigeria but also in other parts of Africa and world at large.

Besides, making the fertilizer products to be available at affordable cost, the plant will boost crop yield to farmers and greatly help in minimizing the food grain deficit in Nigeria.

The plant has also generated lots of job opportunities contributing to the economic prosperity of Nigeria.

The construction of the plant commenced in April 2013 and completed in December 2015. The commissioning activities were concluded in March 2016 and the commercial production started in June 2016.

 

 

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Ago-Iwoye Comes Alive as Community Celebrates Cultural Heritage

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Traditional rites, medical outreach, sporting events and youth competitions feature in weeklong celebration

AGO-IWOYE came alive with cultural displays, sporting activities and community development initiatives as indigenes and residents gathered for the 2026 Ago-Iwoye Day celebration.

The weeklong programme, which began on Monday, October 5, brought together indigenes from across Nigeria and the diaspora to celebrate the town’s cultural heritage and promote unity and grassroots development.

The celebration opened with the traditional Woro Plucking Programme at Ojuade Olooto at 7am on Monday. This was followed by intellectual and strategy games at the Ebumawe Palace, where participants competed in chess, draughts, Scrabble and Ayo Olopon.

Health and sports featured prominently on Tuesday, October 6, as residents took part in a medical check-up and eye screening exercise at the Ago-Iwoye City Hall.

At the Ago-Iwoye Stadium, sports enthusiasts watched the table tennis finals and the final of the Quarters Football Competition.

 

The activities continued on Wednesday, October 7, with the finals of the secondary school football competition for male and female categories at the stadium.

Students returned to the spotlight on Thursday, October 8, for a quiz and debate competition at the City Hall. The academic activities were complemented by a public lecture on sustainable community development and youth empowerment.

On Friday, October 9, the Ebumawe of Ago-Iwoye led a health walk from the Omoedumare Roundabout at 7am, drawing residents into another activity designed to promote healthy living and community participation.

The day ended with Ebiripo Night at the Imososi Primary School Field, where music, dance and folklore accompanied celebrations around the town’s popular local delicacy.

The grand finale is scheduled for today, Saturday, October 10, at the Imososi Primary School Field, with traditional performances, civic honours and fundraising activities on the programme.

A thanksgiving service at the Methodist Cathedral, Imere, Ago-Iwoye, is expected to bring the celebration to a close on Sunday, October 11.

Speaking on the significance of the event, the Secretary of the Planning Committee, Dr Samuel O. Awobona, said the turnout demonstrated the commitment of indigenes and residents to preserving the town’s identity and advancing its development.

He said, “This weeklong celebration underscores our collective resolve to preserve our identity while driving grassroots development. The massive turnout across all generations reflects the enduring spirit of Ago-Iwoye.”

The annual celebration provides an opportunity for the community to showcase its traditions while bringing residents, young people and indigenes in the diaspora together around shared cultural and developmental goals.

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2027: INEC begins distribution of 77,015 PVCs in Oyo Friday

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The Independent National Electoral Commission will on Friday begin the distribution and collection of 77,015 newly printed Permanent Voter Cards across Oyo State ahead of the 2027 general elections.

The exercise, which will run from October 9 to 15, will be conducted at the 351 registration areas and wards across the state.

The Resident Electoral Commissioner in Oyo State, Prof. Adeniran Tella, disclosed this in a statement issued on Tuesday.

Tella said the exercise would hold daily, including weekends, between 9am and 3pm.

He explained that the exercise would cover newly printed PVCs as well as unclaimed cards printed ahead of the 2023 general elections.

The REC urged eligible voters to visit their respective registration areas during the seven-day exercise to collect their cards.

He also appealed to members of the public to disregard information circulating online suggesting that the Continuous Voter Registration exercise was still ongoing.

According to him, the CVR exercise ended on July 26, 2026.

Tella said those expected to benefit from the current exercise included newly registered voters, persons who had lost their PVCs, voters who requested transfers from one polling unit to another, and those whose cards were damaged or defaced during the last CVR exercise.

He said the collection of PVCs would continue at INEC offices in the 33 local government areas of the state after the seven-day exercise at the registration areas and wards.

The same collection hours of 9am to 3pm would apply at the local government offices, he added.

Tella further assured residents that the commission would receive additional batches of newly printed PVCs for distribution in the state.

He therefore urged eligible voters and other stakeholders to take advantage of the exercise and ensure that their PVCs were collected ahead of the 2027 elections.

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Alli Campaign Warns Against Fraudsters Collecting NIN, Bank Details

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The campaign organisation of the All Progressives Congress governorship candidate in Oyo State, Senator Sharafadeen Alli, has warned members of the public against fraudsters allegedly impersonating the senator and members of his campaign team to obtain sensitive personal information.

The organisation said the suspected fraudsters had been contacting unsuspecting members of the public by telephone and requesting their National Identification Numbers, bank account details and other confidential information.

The warning was contained in a statement issued on Saturday by the Director of Media and Publicity of the campaign organisation, Bisi Oladele.

Oladele described the development as an attempt to deceive members of the public and expose their personal and financial information to possible abuse.

He said, “Neither Senator Sharafadeen Alli nor his campaign organisation has authorised anyone to solicit NINs, bank details, passwords, PINs, One-Time Passwords or any other confidential information from members of the public.”

The campaign organisation urged anyone who receives such calls or messages to disregard them and avoid disclosing personal, banking or identification details until the identity of the caller has been properly verified.

It also cautioned members of the public against transferring money or responding to requests for financial assistance made through unverified telephone numbers, social media accounts or other unofficial communication channels purportedly linked to the campaign.

The organisation warned that sensitive information could be exploited for identity theft, financial fraud and other criminal activities.

It urged victims or members of the public who encounter suspicious calls or messages to report them promptly to the appropriate security agencies.

The campaign organisation said it was taking the allegations seriously and would cooperate with relevant authorities to identify and prosecute anyone found to be involved in impersonation, fraud or other criminal activities using Alli’s name.

It further advised the public to remain vigilant and verify unsolicited requests before responding to them, stressing that information about Alli and his campaign should be obtained only through officially verified communication channels.

The organisation reaffirmed Alli’s commitment to lawful and transparent engagement with the people of Oyo State, maintaining that legitimate political engagement does not require anyone to surrender confidential banking or identity information to unidentified callers.

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