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"Presidents have used the fertiliser subsidy to gain political upmanship.
Yet when the fertiliser subsidy was tried before in Nigeria, it was a spectacular failure.
Malawi kept going its much-studied fertiliser subsidy, which practically gives the stuff away to the poorest farmers.
A corrupt fertiliser subsidy has been cleaned up, meaning 70% of farmers now receive subsidy vouchers directly via their mobile phones.
He must increase the efficiency of the fertiliser subsidy, which last year cost 758 billion rupees, or about 1.5% of GDP, by paying it directly to needy farmers instead of lucky fertiliser makers.
Director Dan Taylor says the NGO has a "close working relationship" with the Malawi government which is at once "friendly and quite critical", because FYF doesn't agree with the fertiliser subsidy and the Malawian government's decision to focus on maize.
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Where this happens, fertiliser subsidies should be cut back.
Worryingly, Mr Obasanjo has promised to re-introduce fertiliser subsidies.
In 2005 its government brought in fertiliser subsidies.
The government's spending on fertiliser subsidies is expected to run to $23 billion this year.
In Punjab and Haryana, India's breadbasket, this, together with over-farming encouraged by fertiliser subsidies, is threatening agricultural productivity.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com