Nigerian ethanol sector says policies favoring imports stymying industry growth

May 14, 2019 |

In Nigeria, the local Guardian newspaper reports that the country imports as much as 350 million liters of ethanol production annually while only supplying 6% of demand from domestic production from two new facilities despite an abundance of cassava. The CEO of one of the facilities said that national policy has favored imports versus domestic production, which needs to change if the sector is going to attract investment to supply annual demand. He suggested slapping a tariff on imports could help stimulate production but the view is not shared universally with others believing improving infrastructure will help may the sector more attractive for investment.

Print Friendly, PDF & Email

Tags: ,

Category: Producer News

Thank you for visting the Digest.