Association partners EAIF to establish ethanol, power plant

 The Nigerian Cassava Growers Association of Nigeria (NCGA) on Wednesday said it would partner with the Emerging Africa Infrastructure Fund (EAIF) to establish an ethanol plant.

The National President of the Association, Mr Segun Adewumi, said that the plant would also serve as a bio-energy and power generation plant in ten states.

The EAIF is an international private infrastructure financier founded by the governments of UK, Sweden, Netherlands and Switzerland.

Adewumi said that to achieve that, the association would acquire 6,000 hectares of farmland in all the designated states for the cassava project.

“NCGA is planning to establish ethanol factories across the nation that will produce millions of litres of ethanol in a year. We are focusing on ten states and the requirement is that we will get 6,000 hectares of cassava farm in each of the state. We will demarcate it into blocks of ten acres and allocate same to the farmers who will sell their cassava to the eternal plants,’’ Adewumi said.

The president also said that the programme was being spearheaded by the E-Debit Corporation, a consultant company, to facilitate developmental programmes.

According to him, the company connects financial institutions to manufacturers and farmers.

The business luncheon between the EAIF and the NCGA tagged: “Ethanol Refinery/ Bio Energy and Co-Generation Power Plant Project in Nigeria’’, will hold on Sept. 17 in Lagos.