Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Nairalytics
    • Macro-Economic News
    • Research Analysis
    • Budget
    • Public Debt
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Nairalytics
    • Macro-Economic News
    • Research Analysis
    • Budget
    • Public Debt
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
Nairametrics
No Result
View All Result
Home Industries Energy

NNPC cultivates 2,675 hectares of cassava for Ethanol production

William UkpebyWilliam Ukpe
3 years ago
in Energy
Mele Kyari, NNPC, NNPC spends estimated N33.60/litre on petrol subsidy, NNPC vows to be transparent, set to publish details of petroleum product supplies , OML 119: NNPC record 14 bids for development of oil well, This NNPC initiative aims to solve the problem of tanker explosions , Fluctuations of oil price threatening Nigerian content development — NNPC , Lagos pipeline leak contains water, not petrol- NNPC, NNPC gives condition for relocation of tank farms and depots from residential areas , NNPC to cultivate 2,675 hectares of cassava for Ethanol production, Key performance highlights of NNPC for 2019 FY

Mele Kyari of NNPC.

Share on FacebookShare on TwitterShare on Linkedin

The Nigerian National Petroleum Corporation (NNPC) has cultivated 2,675 hectares of cassava plantations for the processing of bioethanol in Kebbi state.

Kebbi state government committee on Biofuels revealed in a statement on Thursday through its Chairman, Prof. Mohammad Ka’oje.

Ethanol is a biofuel processed from starchy crops like Maize and Cassava and can be used as biofuel mainly in Brazil and the United States.

READ MORE: NNPC releases audited financial statements, refineries record losses of N154 billion

In 2017, NNPC signed an MoU with Kebbi state to cultivate 20,000 hectares of cassava and sugarcane in the Kanya district of Zuru emirate of Kebbi for biofuel production.

Ka’oje announced the scheme is a joint project between Kebbi State and NNPC which was jointly financed to the tune of N500 Million each, and 5,000 hectares of land was acquired for biofuel production.

(READ MORE: NNPC quells fears over leaking Lagos pipeline)

He added that the state government was required to provide up to 20,000 hectares for the scheme with NNPC for cassava and sugarcane, while the NNPC handles the other productions.

“I wish to seize this opportunity to report to you that KBSG has met all its obligations under the MOU.

“In addition, it was agreed at a joint meeting of the partners that the state government should cultivate 5,000 hectares of cassava which will also form additional equity share for the state.

READ ALSO: NNPC states why it failed to fix refineries, to build 200,000 capacity refinery

“So far, 2,675 hectares have been cultivated and fully established. This is for the purpose of generating seedlings and raw material for a test run of the machinery,” he said.

He added that the NNPC would handle the land validation, feasibility studies, and soil testing and also interact with the necessary stakeholders to handle the project.

Related

Tags: BiofuelsBusiness NewsEthanol productionKebbi state governmentNigeria NewsNigerian National Petroleum Corporation (NNPC)

Comments 2

  1. Abdullahi Shehu O says:
    July 24, 2020 at 7:35 am

    Step in the right direction toward diversifying the economy.

    Reply
  2. ahmad says:
    July 24, 2020 at 10:31 am

    may Allah give us ending

    Reply

Leave a Reply Cancel reply

HFM
Mega Millions
Mega Millions
Patricia





NM newsletters

Business News | Stock Market | Money Market | Cryptos | Financial Literacy | SME |

Recent News

  • Elon Musk admits it’s “tough” saving Twitter, and being CEO of SpaceX and Tesla
  • Naira redesign: 3 state governments drag FG to Supreme Court as 13 parties threaten to withdraw from 2023 elections
  • Tony Elumelu recounts how he secured his first job as an youth corper

Follow us on social media:

Recent News

It’s tough saving Twitter from bankruptcy in the last 3 months—Elon Musk

Elon Musk admits it’s “tough” saving Twitter, and being CEO of SpaceX and Tesla

February 6, 2023
3 state governments drag FG to Supreme Court as 13 parties threaten to withdraw from 2023 election

Naira redesign: 3 state governments drag FG to Supreme Court as 13 parties threaten to withdraw from 2023 elections

February 6, 2023
  • Home
  • Exclusives
  • Markets
  • Industries
  • Economy
  • Business News
  • Financial Literacy
  • Lifestyle
  • Opinions

© 2023 Nairametrics

No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Nairalytics
    • Macro-Economic News
    • Research Analysis
    • Budget
    • Public Debt
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds

© 2023 Nairametrics