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@NigeriaNewsWeb<\/p>\n@NigeriaNewsWeb<\/p>\n
01 Nov, 2017<\/p>\n
Ondo State Governor, Arakunrin Oluwarotimi Akeredolu, SAN, has applauded the Management of the Nigerian National Petroleum Corporation, NNPC, for concretising its promise to establish an ethanol plant at Okeluse, in Ose Local Government Area of Ondo State.<\/p>\n
Speaking at the singing ceremony of a Memorandum of Understanding between the State Government and the NNPC in Abuja, Governor Akeredolu said he is happy that the NNPC gave the ethanol plant a priority as presented to it by his administration.<\/p>\n
Arakunrin Akeredolu said it is heartwarming for him that the largest cassava based ethanol plant in Africa will take off soon in Ondo State with a multiplier effect of providing about one million jobs for Nigerians.<\/p>\n
The governor used the occasion to assure investors willing to invest in the Sunshine State of his administration\u2019s sincere commitment at providing the best of business environment to guarantee productive returns on their investments.<\/p>\n
Also, the State Commissioner for Commerce, Industries and Cooperatives, Otunba Timehin Adelegbe described the feat as a landmark achievement for the Akeredolu-led administration and for the people of Okeluse.<\/p>\n
\u201cIt is a Plant that produces Bio-fuel for NNPC use and comes with a lot of direct realities.<\/p>\n
\u201cIf the Plant begins operation, it would be producing billions dollars of Ethanol that would be enough to serve the country and for export\u201d, he said.<\/p>\n
The Commissioner added that 15,000 hectares of land would be set aside for Cassava plantation, saying it would be the largest, not only in Nigeria, but in Africa.<\/p>\n
On when the project will take off, OtunbaAdelegbe said after the signing of the MoU, a steering committee will be constituted that will begin the implementation of the planting of cassava in few months after job will commence fully.<\/p>\n
Earlier, Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Maikanti Baru, hinted that after the installation of the Plant, the project would employ over one million Nigerians, both direct and indirect employment.<\/p>\n
Secretary to the Ondo State Government (SSG), Hon Ifedayo Abegunde signed on behalf of the state, while the GMD signed on behalf of NNPC.<\/p>\n
Hope Newspaper<\/p>\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
@NigeriaNewsWeb 01 Nov, 2017 Ondo State Governor, Arakunrin Oluwarotimi Akeredolu, SAN, has applauded the Management of the Nigerian National Petroleum Corporation, NNPC, for concretising its promise to establish an ethanol plant at Okeluse, in Ose Local Government Area of Ondo State. Speaking at the singing ceremony of a Memorandum of Understanding between the State Government […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[66],"tags":[],"yoast_head":"\n