The deal was sealed at the on-going Nigeria International Energy Summit (NIES) attended by President of Dangote Group, Alhaji Aliko Dangote; Group Managing Director/CEO of NNPC, Mallam Mele Kyari; Shell Country Chair, Osagie Okunbor; and a representative of ENI.
Speaking at the signing, Kyari said that the contract was perfected within a short period based on its importance to the production of Fertilizer and agro-economic growth of Nigeria.
“As you are aware, Dangote Fertilizer is one of the biggest producers of fertiliser and this deal, which is to offer 70m scuf per day to Dangote Fertilizer by the JV, will contribute to the surge of Fertaliser production in Nigeria. Of course, it will tremendously be positive to our agro-economy,” the GMD said.
Responding, Dangote said though the volume of gas for the deal may relatively be considered marginal, it will boost the availability of fertilisers for Nigeria.