(3 Minutes Read)
In preparation for the transfer, the Ministry of Finance Incorporated (MOFI), which owns ManCo, and the NSIA recently held a review session to evaluate the impact of reforms undertaken, assess stakeholder partnerships, and chart the next phase of the initiative.
The management of the Presidential Fertilizer Initiative (PFI) will transition to MOFI Management Company Limited (ManCo) in November 2025. The Nigerian Sovereign Investment Authority (NSIA) prepares to formally hand over operations after nearly a decade of oversight.
In preparation for the transfer, the Ministry of Finance Incorporated (MOFI), which owns ManCo, and the NSIA recently held a review session to evaluate the impact of reforms undertaken, assess stakeholder partnerships, and chart the next phase of the initiative.
The next phase under ManCo will include the introduction of wet blend technology, geographic expansion into underserved regions, and an increased role for private sector participation. These measures are expected to build on existing successes while creating fresh opportunities for impact across the agricultural value chain.
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The NSIA’s management of the program since 2016 has transformed Nigeria’s fertilizer sector. From only four operational blending plants in 2016, the number has grown to more than 90 by July 2025, with over 128 million bags of high-quality NPK fertilizer delivered to farmers nationwide.
