The Presidential Fertilizer Initiative (PFI) will officially transition to MOFI Management Company Limited (ManCo) in November 2025, marking the end of the Nigerian Sovereign Investment Authority’s (NSIA) near decade-long management of the programme.
The handover, described as both “symbolic and strategic,” will usher in a new era for the agricultural scheme that has transformed Nigeria’s fertilizer industry since its creation in 2016.
NSIA Hands Over Presidential Fertilizer Initiative
The Presidential Fertilizer Initiative was established by the Federal Government to make fertilizers affordable, revive local blending plants, improve food security, and stimulate agricultural growth.
Under NSIA’s leadership, the programme delivered remarkable progress. From just four operational blending plants in 2016, Nigeria now boasts over 90 plants nationwide. By July 2025, more than 128 million bags of high-quality NPK fertilizer had been supplied to farmers, improving crop yields, reducing costs, and creating over 100,000 jobs across the country.
Managing Director of NSIA, Aminu Umar-Sadiq, said the transition to ManCo represents “the conclusion of one phase and the start of another.”
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ManCo’s Plans for the Next Phase of PFI
With the official transfer approaching, the Ministry of Finance Incorporated (MOFI), which owns ManCo, and NSIA recently met to review the impact of reforms and outline future strategies for the Presidential Fertilizer Initiative.
According to officials, the next phase will feature:
- Introduction of wet blend technology
- Expansion into underserved regions
- Greater private sector involvement
These innovations are expected to build on past successes while opening new opportunities across Nigeria’s agricultural value chain.
“We Must Never Stop Building on Progress” – MOFI CEO
Chief Executive Officer of MOFI, Dr. Amstrong Ume Takang, commended NSIA’s efforts, saying the Presidential Fertilizer Initiative has been key in reshaping Nigeria’s fertilizer ecosystem.
“Over the years, the PFI-NPK programme has played a role in transforming Nigeria’s fertilizer ecosystem, from expanding domestic blending capacity to enhancing farmers’ access to quality fertilizers and advancing national food security objectives,” Dr. Takang said.
He emphasized that past achievements must serve as “a springboard for future progress,” noting that “only sustained stakeholder engagement could unlock new vistas of progress.”
Background of the Presidential Fertilizer Initiative
Launched in 2016, the Presidential Fertilizer Initiative was first managed through NAIC-NPK Limited, a subsidiary of NSIA. In 2021, it was restructured into a wholly-owned subsidiary of MOFI with a joint-management framework between NSIA and ManCo.
That arrangement will officially end in November 2025, with ManCo becoming the sole manager of the initiative.
The transition marks a major milestone in Nigeria’s agricultural journey as the country looks to consolidate gains, expand access, and strengthen food security for millions of farmers.
