Nigeria’s Minister of Innovation, Science and Technology, Uche Nnaji, on Friday, announced a plan to develop domestic ethanol production using cassava as a feedstock.
This initiative, marked by a Memorandum of Understanding between Montserrado Investments and the Federal Institute of Industrial Research Oshodi (FIIRO), aims to establish a cassava-based ethanol plant in Ekiti State.
The project promises a two-fold benefit: economic and environmental. According to Nnaji, the plant could save Nigeria $30 million annually by reducing dependence on imported ethanol. This would represent a significant cost reduction and potentially boost foreign reserves.
