Exchange Fluctuation, Logistics Keep Prices Of Fertiliser High – NSIA

Exchange Fluctuation, Logistics Keep Prices Of Fertiliser High – NSIA …C0NTINUE READING HERE >>>

The Nigeria Sovereign Investment Authority (NSIA) has attributed the continuous hike in the prices of fertiliser products in the local market to multiple problems of exchange rate fluctuation, high inflation rate that is currently at 33.4 percent and the cost of transportation of the products from the factory to the end users.

NSIA disclosed this yesterday at the Presidential Fertilizer Initiative (PFI-NPK) stakeholders’ roundtable themed ‘The Presidential Fertilizer Initiative:…

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