Dangote Fertiliser generated N30 billion in revenues and contributed 2.3% to Dangote Group’s revenue (as of 30 September 2021), as the first line of the project produced 347,000 tonnes of urea in 2021, according to data seen by MoneyCentral.

Dangote Fertiliser comprises of two 4,000 tons per day (TPD) urea production lines, positioning the Dangote Group as a leading manufacturer of urea fertiliser globally.

The second line commenced production of ammonia in February 2022, with stable production of urea expected to be achieved by end of May 2022. Ammonia production will be used in its entirety as feedstock for the Urea plant.

Dangote Fertiliser intends to sell 75% of its produce in international markets upon the commissioning of the second line having recorded 55% in export sales so far.



Read more: https://moneycentral.com.ng/markets/article/dangote-fertiliser-revenues-hit-n30bn-as-55-of-output-exported-in-2021/

moneycentral20:
Dangote Fertiliser generated N30 billion in revenues and contributed 2.3% to Dangote Group’s revenue (as of 30 September 2021), as the first line of the project produced 347,000 tonnes of urea in 2021, according to data seen by MoneyCentral.

Dangote Fertiliser comprises of two 4,000 tons per day (TPD) urea production lines, positioning the Dangote Group as a leading manufacturer of urea fertiliser globally.

The second line commenced production of ammonia in February 2022, with stable production of urea expected to be achieved by end of May 2022. Ammonia production will be used in its entirety as feedstock for the Urea plant.

Dangote Fertiliser intends to sell 75% of its produce in international markets upon the commissioning of the second line having recorded 55% in export sales so far.



Read more: https://moneycentral.com.ng/markets/article/dangote-fertiliser-revenues-hit-n30bn-as-55-of-output-exported-in-2021/

Smart guy
Where are the next dangotes?

I hope no one will wail about how Dangote is been favoured by the FG.

I'm still surprised someone can still 80bn. Dangote fertilizer could only bring an output of 30bn throughout the last year and someone is comfortable with stealing without hard work. Wow.

Dangote you are exporting when the local demand is not yet met
Thereby creating artificial scarcity and price hike