NSIA, OCP to develop US$1.4bn Ammonia and Phosphate plant

NIGERIA – The Nigeria Sovereign Investment Authority (NSIA) has signed an agreement with Office Chérifien des Phosphates (OCP) of Morocco, for the development of a US$1.4 billion plant to produce Ammonia and Diammonium Phosphate, under its Gas Industrialization Strategy, reports Vanguard. According to the NSIA, the Multipurpose Industrial Platform Project is a backward integration initiative which builds on the successes…

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