The Nigerian National Petroleum Corporation and the Kogi State Government will on Tuesday sign a Memorandum of Understanding for the production of ethanol, an organic biofuel that can be used to power automobiles, The Punch reports.
According to the Governor of Kogi State, Yahaya Bello, the MoU will see to the development of cassava and sugarcane plantations in the state, from where the biofuel can be developed in commercial quantity. Bello, who disclosed this at a meeting in Abuja, also called on private sector investors to invest in Kogi, particularly in the agricultural sector.
He said, “I’ve just met with the Group Managing Director of the NNPC, Maikanti Baru. He indicated interest, and that I should give him a convenient date when he would be in the state to sign the MoU. And I’m looking forward to the first ever Kogi State Economic Summit that is coming up on February 13, 2018 where we shall sign that MoU.”