Nigeria’s $2.9B Cassava Bio ethanol Value Chain Development Project eyes ethanol blending

In Nigeria, AgroNigeria reports the country expects to reduce foreign exchange costs of more the $2.9 billion thanks to the Cassava Bio ethanol Value Chain Development Project to supply ethanol for blending with gasoline and reducing refined gasoline imports. Nigeria is a net fossil fuel exporter but imports most of its refined petroleum products. The project plans to include 14 million shareholder farmers with a focus on improved quality of planting materials through to processing.