The Management of Indorama Eleme Fertilizer and Chemicals (IEFCL) yesterday denied involvement in the alleged sabotage of the national economy and security through their export of fertilizers to the detriment of Nigerian farmers.
The company said that all its domestic supplies to customers so far are in accordance with the approval of the Office of the National Security Adviser (NSA) and the Farm Input and Supply Services (FISS) department of the Federal Ministry of Agriculture and Rural Development.
“Indorama Eleme Fertilizer & Chemicals Limited (IEPL) and its sister companies in Nigeria are NOT, and HAVE NOT, and would NEVER be directly or indirectly involved in any activities to undermine or sabotage the economy or security of the nation,” it said.
Dr. Jossy Nkwocha, spokesman for the companys said that its new $1.5 billion fertilizer plant, one of Nigeria’s largest Foreign Direct Investment in the downstream sector — started pre-commissioning production only recently at only 75% capacity, and in the past one month has been giving priority to the domestic market.
Nkwocha stated that IEFCL has been loading and distributing an average of between 90 – 100 long trailers of fertilizers, each carrying 600 bags of 50kg each, totaling over 57,000 bags of Indorama Urea fertilizer daily over the past one month for the benefit of Nigerian farmers across the country.
“Indorama-Nigeria is 100 percent committed to the growth and development of the Nigerian economy; and has in the past ten years demonstrated such total commitment and loyalty by providing more than 85% domestic needs of polymers which were hitherto imported into the country at huge foreign exchange cost.”