Investor Presentaiton

o Context INTRODUCTION o Increases in agricultural productivity is linked with significant increase in inorganic fertilizer use. o This is not the case for many developing countries including Nigeria where low agricultural productivity/yields have been attributed to the low fertilizer application rates (Morris et al. 2007). o Despite the low rate of fertilizer consumption (about 7.7 kilogram per hectare [kg/ha] in 2008 (World Bank, 2008), Nigeria alone accounted for 23 percent of the entire fertilizer consumption in Sub-Saharan Africa in 2008/2009 (IFDC 2009).

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