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Kogi, NNPC sign MoU on ethanol plant, refinery

By Michael Eboh

The Kogi State government, yesterday, signed a Memorandum of Understanding, MoU, with the Nigerian National Petroleum Corporation, NNPC, for the setting up of a biofuel plant and refinery in Kogi State.

Speaking at the MoU signing ceremony in Abuja, Governor Yahaya Bello of Kogi State said the project will create over two million jobs and help reduce insecurity in the state.

NNPC

Governor Bello said: “With this MoU between Kogi State and NNPC, over two million citizens and residence of Kogi State will have job as a result of this cassava and sugarcane development project that will be feeding the bio-fuel refinery that is coming up in the state.

“By multiplier effect, Kogi State will be more secure because the youth will leave the streets.

“Then as a state, we are committed to providing security and enabling environment for this project, to ensure that it is a success and it matures and benefits the good people of the state and Nigeria at large.

“From Kogi state, there is no financial commitment so far. However, we are approaching the African Development Bank, where we intend to secure their commitment and ensure that we have enough funds to develop infrastructure all around the state for the production of cassava for the project.”

Also speaking, Group Managing Director of NNPC, Mr. Maikanti Baru, stated that the project was part of plans to expand the use of bio-fuels across the country, noting that the programme will make use of out-growers to ensure adequate feedstock for the refinery, as well as for export.”

 


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