The Nigerian Cassava Growers Association said that Nigeria will save over $6.1 billion by 2012 on the importation of kerosene and gasoline. The group also said that a study by SJH Associates demonstrated that a $60 million investment in an ethanol plant results in more than $110 million in increased economic activity, and that farmers who invest $20,000 in ethanol plants receive an average 13.3 percent return on their investment.
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