By Azania Post Reporter
THE new board of Tanzania Fertilizers Company (TFC) will be inaugurated in Dodoma next week, the Ministry of Industry Trade and Investment has said.
According to the Ministry’s Deputy Permanent Secretary Prof Joseph Bucheishaija, the board will be inaugurated on December 11, 2017 in the capital city of Tanzania.
He said in a statement that the Board will be launched after appointment of its new members done by President Dr John Magufuli and the Minister for Industry, Trade and Investment, Charles Mwijage early this week.
Dr Magufuli appointed Prof. Egid Mubofu as the chairperson of TFC while board members selected by Minister Mwijage are Nuru Ndile( Chief economist at the Ministry of Finance and Planning), Eli Nanyaro ( Assistant Director Ministry of Industry, Trade and Investment).
Others are Dr Kadida Mashaushi ( Lecturer at the Institute of Finance Management –IFM) and Peter Shao ( Agro Economist from ministry of Agriculture).
The new board is tasked to ensure that fertilizer is availed to farmers timely and at reasonable price .However there are various steps taken by the Tanzanian government to make sure that the commodity is available throughout the time.
Already the government has given green light private sector to construct a multi trillion fertilizer plant in Kilwa region, which was scheduled to start next year.
The petrochemical complex, a partnership project under a consortium of investors from Tanzania, Europe and Asia, is among the largest fertiliser investments in the continent.
According to German Ambassador to Tanzania, Egon Kochanke, the mega fertiliser factory will cost euro 1.2 billion and will be one of the largest plant in Africa.
He called on the government to address the challenges related to the natural gas cost to allow construction of the fertiliser plant to start as early as possible to boost the country's agricultural sector.