Govt to buy urea fertiliser, red lentils

Star Business Report

The government will purchase 90,000 tonnes of urea fertiliser and 20,000 tonnes of red lentils under four proposals approved by an advisory committee on public purchase in its first meeting yesterday since the interim government took to office.

The industries ministry will buy two-thirds of the granular fertiliser in bulk under state-to-state arrangements with the United Arab Emirates and Qatar, says a press release.

Of it, 30,000 tonnes will be availed from UAE-based Fertiglobe Distribution Ltd for Tk 121.95 crore and another 30,000 tonnes from Qatar Chemicals and Petrochemical Marketing and Distribution Company for Tk 120.06 crore.

The industries ministry will procure the remaining 30,000 tonnes of granular urea in sacks from Karnaphuli Fertilizer Company Ltd for Tk 117.79 crore.

The commerce ministry will purchase the 20,000 tonnes of red lentils for Tk 203.72 crore from Nabil Naba Food Products Ltd.