Investing in the ethanol production sector leverages Nigeria’s substantial annual cassava production of over 41 million tonnes, with an average yield of 15 tonnes per hectare.

This yield translates to an impressive ethanol production capacity of approximately 4.1 billion litres per year, at 100 litres per tonne of cassava.

Five local governments are focused on enhancing ethanol production from maize, guinea corn, millet, and other starchy substrates.

This initiative aims to boost local production and reduce dependency on imports, providing a significant opportunity for investors to tap into a growing market.

The strategic emphasis on ethanol production aligns with broader economic and environmental goals, ensuring a promising return on investment.