FFC welcomes rollback in feed gas prices
SALIM AHMED LAHORE— Fauji Fertilizer Company Limited ( FFC) has welcomed the announcement of roll- back in feed gas prices for fertilizer sector raised back in Sept 2015. CE& MD FFC Lt Gen Shafqaat Ahmed, HI ( M) Retd, welcomed the Government’s gesture and stated that “this initiative will enable the fertilizer industry to continue its support to agri- sector in Pakistan by providing fertilizer at affordable prices”.
As a consequence, FFC has announced an immediate reduction in its urea prices. Adding to the above, he stated that FFC is particularly grateful to the honourable Prime Minister of Pakistan Mian Muhammad Nawaz Sharif, Ministry of Finance, Ministry of Industries, Ministry of Petroleum and Natural Resources and Ministry of National Food Security & Research for their concerted endeavours to uplift the farm economy besides reducing stress on domestic Fertilizer industry.
FFC being leader in domestic urea production has always worked closely with the Government to provide affordable fertilizers to the farmers. The Company remains indebted to the Government for honouring this common goal and helping domestic producers in providing cheaper fertilizer to the farmers, thus achieving “Food Security” as provided in United Nations Sustainable Development Goals - 2030. FFC assures the Government and the farmer community of its support in all efforts aimed at relieving stress on agrisector through downward revision of input costs.