Dangote Group has concluded plans to begin the export of its first shipment of fertilizer from its new fertilizer plant at the Lekki Free Zone in Lagos, to the US and Brazil.
Initial shipment from one of the world’s biggest fertilizer plant, which has the capacity to produce 3 million tonnes of urea and ammonia per year, is expected to start in late June or early July.
The billionaire chairman of Dangote Group, Aliko Dangote, said this while speaking at a virtual economic forum hosted in Qatar on Tuesday, June 22, 2021, according to Reuters.
Aliko Dangote said that the new fertilizer plant will export its first shipment in late June or early July, to Louisiana, while the majority of exports from the plant are expected to go to Brazil, adding that it will also be able to supply all the major markets in sub-Saharan Africa.
Mr Devakumar Edwin, Group Executive Director (Strategy, Capital Projects & Portfolio Development) of Dangote Industries Limited had about a week ago, said that the $2.5 billion fertilizer plant, which recently commenced operations can produce enough for local demand as it looks towards exports. He said that the plant currently delivers 120 trucks locally.