FG saves N15bn with new fertilizer policy

He said that federal government made the savings through the introduction of direct distribution of fertilizer to farmers, eliminating middle men and corruption in the process. By so doing, he said that the federal government has been able to save N15 billion having blocked all the leakages where corruption were perpetrated by those involved in the fertilizer distribution to farmers. With the new policy, the minister said that farmers do not only get fertilizers at cheaper rate, but also receive them in good time. The minister said the federal government is poised at taking corruption out of the system to create room for quality and better economic growth. He further said that Nigeria should emulate China, which it has many similarities with, by becoming a global player in economic growth, adding that with the active population and other potentials Nigeria is noted for, it has Houston landscaper the capacity to become world destination for investment in a record of time and better society for the younger generation to live. I believe that Nigeria is the next investment destination in the world. Where we are going, Nigeria as a populous nation in the continent, is transforming into a vibrant economy our children will be proud to live in as a different world. We ought to be pace setters in the world, if we can utilise what we have.
For the original version including any supplementary images or video, visit http://www.vanguardngr.com/2013/08/fg-saves-n15bn-with-new-fertilizer-policy/

Pan American Fertilizer and Golden Fame Resources Complete Business Combination

The new variable in CF’s business comes from the recent move from Russian fertilizer giant Uralkali to exit a major potash cartel, which could send potash prices plunging. Strong prices for high-margin urea ammonium nitrate made it CF’s best performing product and helped boost rival CVR Partners (NYSE: UAN ) as it makes plans to put just about all of its ammonia production toward urea ammonium nitrate. But with farmers having moved away from the potash-based fertilizers that PotashCorp (NYSE: POT ) focuses on, CF might now see the reverse of that strategy hurt its business if farmers move back to potash as expected price declines make it look more attractive. In the CF earnings report, look for comments from the company about hedge-fund investor Dan Loeb’s recent purchase of the company’s stock for his Third Point Management fund. With Loeb arguing the stock is cheap, investors have to feel confident that there’s plenty of room for the stock to move higher despite — or perhaps because of — turbulence in the rest of the fertilizer space. Farmers need one thing that’s even more valuable than fertilizer, and there’s one emerging company that already has the market for this key resource cornered… and stands to make in-the-know investors boatloads of cash. We reveal all in our special 100% FREE report ” The 21st Century’s Most Precious Natural Resource “.
For the original version including any supplementary images or video, visit http://www.fool.com/investing/general/2013/08/01/will-fertilizer-fallout-hurt-or-help-cf-earnings.aspx

Will Fertilizer Fallout Hurt or Help CF Earnings?

Birmingham has been involved with aspects of management, finance, board and committee activities and project generation, negotiation and acquisition. Mr. Birmingham is also a director of Cassius Ventures Ltd., Datinvest International Ltd., Cerro Mining Corp., Clean Seed Capital Group Ltd., and Fitch Street Capital Corp. -Lawrence A. Dick – P.Geo, Ph.D, Director Dr. Dick is a professional geologist with over 35 years’ experience in base and precious metals exploration worldwide. He spent over 20 years exploring for copper and gold throughout South America and was involved in major finds at Collahuasi (Chile); Can Can (Chile); Golden Bear (B.C.); and the San Jose silver deposit in Mexico. Dr.
For the original version including any supplementary images or video, visit http://www.marketwatch.com/story/pan-american-fertilizer-and-golden-fame-resources-complete-business-combination-2013-08-02


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