Ethanol plant coming up in Kogi State says Governor

Business News

“The takeaway from this particular signing of the Memorandum of Understanding, MoU, between Kogi state and the Nigerian National Petroleum Corporation, NNPC, is this: one, a lot of job creation in the state. Over two million citizens and residence of Kogi state would have job in the state as a result of this cassava and sugarcane development project that would be feeding the biofuel refinery plant that is coming up in the state.

Speaking at the signing ceremony of the MoU in Abuja, yesterday, Governor Yahaya Bello of Kogi state, said:  “The multiplier effect means that Kogi state would be more secure because the youth would be taken off the streets. Then as a state, we are committed to providing security and enabling environment for this project, to ensure that it is a success and it matures and benefits the good people of the state and Nigeria at large.”

Bello, who stated that the biofuel project would be completed in 36 months, allayed fears that the project would bring about food crisis in the state and the country at large.

According to him, Kogi is currently producing cassava in excess, “We are producing cassava that we could not even consume as a state. Eventually, we would provide enough for the refinery and for consumption in the state.”

Also speaking, Group Managing Director of the NNPC, Mr. Maikanti Baru, stated that the project was part of its plans to expand the use of biofuels across the country, noting that the programme would make use of outgrowers to ensure adequate feedstock for the refinery, as well as for export.

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