23.03.2013 Views

Constraints to Increasing Agricultural Productivity in Nigeria: A Review

Constraints to Increasing Agricultural Productivity in Nigeria: A Review

Constraints to Increasing Agricultural Productivity in Nigeria: A Review

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

Appendix 2: CIF Prices of Fertilizers Based on a Sample of 39 Importers’<br />

Records, <strong>Nigeria</strong>, 2006<br />

S/No Fertilizer<br />

CIF<br />

US$/ <strong>to</strong>n<br />

CIF Naira/Ton<br />

63<br />

Retail Price<br />

Naira/ Ton<br />

Retail Price<br />

US$ Equivalence/ Ton<br />

1 NPK 265 37100 43000 307.14<br />

2 NPK 245 34300 43000 307.14<br />

3 NPK 250 35000 43000 307.14<br />

4 NPK 250 35000 43000 307.14<br />

5 NPK 255 35700 43000 307.14<br />

6 NPK 250 35000 43000 307.14<br />

7 NPK 265 37100 43000 307.14<br />

8 NPK 265 37100 43000 307.14<br />

9 NPK 270 37800 43000 307.14<br />

10 NPK 265 37100 43000 307.14<br />

11 NPK 260 36400 43000 307.14<br />

12 NPK 265 37100 43000 307.14<br />

13 NPK 270 37800 43000 307.14<br />

14 NPK 285 39900 43000 307.14<br />

15 NPK 265 37100 43000 307.14<br />

16 NPK 250 35000 43000 307.14<br />

17 Urea 305 42700 45000 321.42<br />

18 Urea 270 37800 45000 321.42<br />

19 Urea 280 39200 45000 321.42<br />

20 Urea 280 39200 45000 321.42<br />

21 Urea 285 39900 45000 321.42<br />

22 Urea 285 39900 45000 321.42<br />

23 Urea 290 40600 45000 321.42<br />

24 Urea 290 40600 45000 321.42<br />

25 Urea 310 43400 45000 321.42<br />

26 Urea 305 42700 45000 321.42<br />

27 Urea 310 43400 45000 321.42<br />

28 Urea 310 43400 45000 321.42<br />

29 Urea 310 43400 45000 321.42<br />

30 Urea 310 43400 45000 321.42<br />

31 Urea 305 42700 45000 321.42<br />

32 Urea 310 43400 45000 321.42<br />

33 Urea 310 43400 45000 321.42<br />

34 Urea 310 43400 45000 321.42<br />

35 Urea 310 43400 45000 321.42<br />

36 Urea 305 42700 45000 321.42<br />

37 Urea 310 43400 45000 321.42<br />

38 Urea 310 43400 45000 321.42<br />

39 Urea 305 42700 45000 321.42<br />

Source: CIF prices from IFDC 2006.<br />

***Authors' computation based on NPK retail price of N2,150/50kg, and urea retail price of N2,250/kg <strong>in</strong> 2006, Ogun<br />

state.<br />

**Authors' computation, assum<strong>in</strong>g US$ 1.00 = N 40.00 <strong>in</strong> the year 2006.<br />

*As provided by IFDC 2006.

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!