The Advisers Council Committee on Government Purchase on Tuesday approved import proposals of 80,000 metric tons of fertiliser to ensure uninterrupted supply of this essential agricultural input for the upcoming cultivation season.
The approval came from a meeting of the Advisers Council Committee on Government Purchase held virtually with Finance Adviser Dr Salehuddin Ahmed in the chair.
The Committee endorsed the import of 40,000 metric tons of bulk granular urea fertiliser from Fertiglobe Distribution Limited, UAE at a price of US$409.50 per metric ton under the Ministry of Industries.
The total contract value stands at Tk 201.14 crore.
Besides, under a state-level agreement between Morocco’s OCP Nutricrops and Bangladesh Agricultural Development Corporation (BADC), the Committee recommended approval for importing 40,000 metric tons of DAP fertilizer under the 9th lot.
Govt approves purchase of 65,000 MT of fertilizer
The consignment will be purchased at US$682.67 per metric ton, with a total value of Tk 335.32 crore.
Officials said the imports will help stabilize the fertilizer market and support agricultural production nationwide.