NNPC to build 65 million liter cassava-based ethanol plant in Ondo state

November 2, 2017 |

In Nigeria, the Nigerian National Petroleum Corp. will build a 65 million liter per year cassava-based ethanol plant in on 15,000ha provided by the government of Ondo State. Additional investors are expected to participate in the project with the NNPC in the lead, a project that it believes will create 1 million jobs and reduce processed fuel imports. The country is a major oil exporter but has limited domestic refining capacity, leaving it exposed to fluctuating energy markets like the rest of much of Africa.

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