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Nigeria Opens Africa’s Largest Fertilizer Plant Amid Price Surge

  • Plant supports efforts to diversify Nigeria’s economy
  • Facility is owned by Africa’s richest person, Aliko Dangote
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Tracking the Fertilizer Supply Squeeze

Nigeria plans to become a net exporter of fertilizer after commissioning the world’s second-biggest urea plant.

The 3 million-ton facility near Lagos, the commercial hub, adds to existing output of 3.1 million tons in the West African nation, according to the central bank. The biggest plant of its kind in Africa, owned by billionaire businessman Aliko Dangote, is already shipping to the U.S., India, and Brazil.