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A cassava biomass pilot project in Nigeria will look to be a source of renewable energy and reduce the countrys carbon footprint.
Recently, the Nigerian governments Federal Executive Council approved the concession of a cassava biomass, bio-ethanol value chain.
The project is meant to "create wealth, provide jobs, reduce poverty, provide renewable energy and reduce carbon footprint."
The Infrastructure Concession Regulatory Commission (ICRC) is to provide regulatory guidance. The Kenyan government said the project has the potential to generate revenue of more than $390 million.
The Council had also approved the National Fire Detection and Alarm System (MAFDAS) "for the effective prevention, detection and management of fire across the country."
The ICRC said the MAFDAS project is expected to generate N75 billion ($162m) in the 15-year concession period- The cassava bio-ethanol value chain will hopefully generate
a total revenue of N105 billion ($227m) within the five-year concession period.
Biomass project should also increase cassava production in Nigeria
The cassava bio-ethanol value chain pilot phase will include construction of a biotechnology industrial park on 20-hectare plots across 20 universities. Five thousand
hybrid cassava stems will be planted per hectare, (100,000 stems for 20 hectares), the Commission said.
The project is expected to "supply organic fertilisers, boosters, conditioners, pre- and post emergent herbicides, pesticides, insecticides, fungicides and knapsack sprayers."
It also seeks to double cassava production from the current 62 million tons to more
than 120 million tons.
The key goal of the project is to "demonstrate the efficacy of a private sector-led approach in promoting investment in renewable biomass and create wealth, provide jobs, reduce poverty, improve food security and nutrition, provide renewable energy and reduce carbon footprint."
The project will generate revenue through the sales of cassava stem, cassava flour, garri, starch and bio-ethanol.
"The project is proposed to be financed with a grant from the Federal Government and Concessionaire investment totalling Nll.Qbn ($25.8m)," state media reported. |
