National Fertilizer Corporation Explained

The National Fertilizer Corporation (NFC) is a state-owned enterprise headquartered in Lahore. It operates under the administrative oversight of the Ministry of Industries and Production, Government of Pakistan.[1] [2] [3]

History

National Fertilizer Corporation was established by the Government of Pakistan in August 1973 to expand state's role in the fertilizer Industry of Pakistan.[4] Syed Babar Ali served as the first chairman of National Fertilizer Corporation appointed by Zulfikar Ali Bhutto the then Prime Minister of Pakistan.

From 1991 to 2008, under the government's privatization policy, all the fertilizer plants were privatized.

Former subsidiaries

Research institutions established by NFC

For research purpose and to train workforce, it established two academic and one research institutes.

Academic institutes are:

and one research institute is:

External links

Notes and References

  1. News: Govt to divest shares in four entities. Zafar Bhutta. 6 December 2020. 18 May 2021. The Express Tribune (newspaper).
  2. https://www.dawn.com/news/100287/assurance-to-fertilizer-dealers Assurance to fertilizer dealers
  3. Web site: Review of Input and Output Policies for Cereals Production in Pakistan. Abdul Salam . International Food Policy Research Institute, Washington, DC . October 2012. 18 May 2021.
  4. Web site: Pakistan's fertilizer subsidy conundrum. August 15, 2021. Profit by Pakistan Today.
  5. Web site: FFC-Pak Saudi deal: an analysis. April 15, 2002. DAWN.COM.
  6. News: A Pakistani Capitalist Runs a Nationalized Industry. David A.. Andelman. July 31, 1977. NYTimes.com.
  7. Web site: PAFL sell-off LoA issued to Ibrahim Fibres cancelled. April 5, 2006. DAWN.COM.
  8. Web site: Lyallpur Chemicals. February 10, 2007. DAWN.COM.
  9. Web site: Hazara Phosphate attracts highest bid of Rs1.34bn. September 26, 2008. DAWN.COM.
  10. News: Ministry says unable to implement SOE restructuring plan. Business Recorder (newspaper). Mushtaq Ghumman. 24 October 2020. 18 May 2021.