The Management of Indorama Eleme Fertilizer & Chemicals, IEFCL, has debunked media reports of its involvement in any form of national economic or security sabotage.
It will be recalled that the National Security Adviser, NSA, Major General Babagana Monguno (retd), last Thursday, alleged that explosives experts dispatched to conduct investigations into the incessant bombing of oil facilities in Niger Delta, uncovered the diversion of about 9,000kg of high explosives and 16,420 pieces of detonators for illegal use.
Monguno had added that two fertilizer companies, Notore Petrochemical and Indorama Eleme Petrochemical company, were alleged to have short-changed Nigerians by causing fertilizer shortages through illegal export of the product outside the country.
But the company stated that all its domestic supplies to customers so far are in accordance with the approval of the Office of the National Security Adviser, NSA, and the Farm Input and Supply Services, FISS, department in the Federal Ministry of Agriculture and Rural Development.
In a statement signed by the head of Corporate Communications, Dr Jossy Nkwocha, he noted “the company is not, and have not, and would never be directly or indirectly involved in any activity to undermine or sabotage the economy or security of the nation.
“IEFCL has been loading and distributing an average of between 90 – 100 long trailers of fertilizers, each carrying 600 bags of 50kg each, totalling over 57,000 bags of Indorama Urea fertilizer daily over the past one month for the benefit of Nigerian farmers across the country.
“Indorama Nigeria is committed to the growth and development of the Nigerian economy, and has in the past ten years demonstrated such commitment by providing more than 85 percent domestic needs of polymers which were hitherto imported into the country at huge foreign exchange cost,” he explained.
He also said that the company has expressed readiness to collaborate with the office of the NSA and Federal Ministry of Agriculture and Rural Development to ensure that all identified concerns about availability of Indorama fertilizers by farmers and dealers are addressed as quickly as possible.
The company will work with the Federal Government regulators to achieve its vision of building the largest Petrochemicals and fertilizer hub of Africa with a cumulative investment of $4.32 billion by 2020.
He lamented that the company was greatly embarrassed and distressed that the publications gave misleading impression that the two fertilizer companies were sabotaging national security by distributing fertilizers within the country, which were being used by some undesirable elements to make explosives.
“The publications further mentioned an unnamed organisation involved in commercial explosives and accessories whose activities were sabotaging national security”.
“This mix-up has caused great embarrassment and distress to our company, which over the past ten years has the unblemished reputation of adding great value to the Nigerian economy and society,” he stated.