By: Manoah Kikekon
Operational Risk Exercise at Onne Supports Renewed Hope Agenda, Aims to Strengthen Local Fertilizer Production
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| Olufemi Iroko |
In a strategic move to bolster Nigeria’s agricultural sector, Olufemi Iroko, a seasoned risk and project manager, recently conducted an operational risk assessment exercise at Onne Port as part of the President Bola Tinubu Fertilizer Initiative (PFI).
This initiative is a key component of President Bola Tinubu’s *Renewed Hope* agenda, designed to enhance food security and support farmers ahead of the crucial rainy season.
The assessment focused on streamlining the supply chain for raw materials needed for local fertilizer production. By reducing dependency on imports, the PFI aims to cut costs, improve efficiency, and ensure that Nigerian farmers have timely access to affordable fertilizers.
"This exercise is critical to identifying potential bottlenecks and ensuring seamless operations," said Iroko. "Our goal is to strengthen in-country production capacity, which is vital for sustainable agriculture and food security."
The Presidential Fertilizer Initiative underscores the government’s commitment to revitalizing Nigeria’s agricultural sector. With rising food prices and global supply chain disruptions, local production of fertilizers is seen as a game-changer in stabilizing the economy and empowering farmers.
Experts believe that a well-executed PFI will not only boost crop yields but also create jobs and stimulate rural economies. The risk assessment led by Iroko is a proactive step to mitigate operational challenges and ensure the initiative’s success.
Following the assessment, recommendations will be implemented to optimize logistics, storage, and distribution networks. The federal government remains optimistic that the PFI will play a pivotal role in achieving self-sufficiency in food production.
As Nigeria gears up for the farming season, stakeholders are watching closely to see how this initiative will transform the agricultural landscape bringing Renewed Hope to millions of farmers nationwide.
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Olufemi Iroko conducts a crucial risk assessment for Nigeria’s Presidential Fertilizer Initiative, supporting food security and local production under the Renewed Hope agenda. Learn how this initiative aims to transform agriculture.