News International Sugar Journal

China funds building of 15 bioethanol plants in Nigeria [Registered]

Nigeria, Africa’s top oil producer, recently signed a memorandum of understanding with Global Biofuels Ltd. to build 15 integrated biofuel plants for about 414 billion naira ($2.55 billion), the Trade and Investment Ministry said. Global Biofuels will start “the implementation of an agro- based industrial activity for the production of ethanol, biomass electric power and food, all from a single industrial complex, using sweet sorghum as raw materials,” stated Olusegun Aganga, the Trade and Investment minister. Details on capacity of each plant, acreage that will be devoted to the production of sweet sorghum and likely number of new jobs created…

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