NEW BIOFUEL PLANT IN SOUTH WEST NIGERIA TO GENERATE 1m JOBS

NNPC project in Ondo state to create 1 million jobs.

A memorandum of Understanding between the Nigerian National Petroleum Corporation (NNPC) and the Ondo state government has just been recently signed. The MoU is to establish a 65,000 million litres bio-fuel plant in Okeluse, Ondo State.

The Group Managing Director of NNPC, Dr. Maikanti Baru, explained that the project will be a collaboration between NNPC and some investors who will bring  Foreign Direct Investment into the country.

The plant and other projects such as cassava feed stock production when completed will create about a million direct and indirect jobs. other benefits will includes reduction of fuel importation, reduction of green house gases, and boost in production of  animal feeds from by-products of the plant.