Ride the Biofuels Wave: Invest in ethanol production

Region:
Nigeria
Sokoto

Sector:
Agriculture and Agri-processing
Industrial Manufacturing

Summary:
Investors have the opportunity to invest in a ethanol production facility in northern Nigeria.

Contact: Nasir Shehu Zarummai

Email: zarummai@yahoo.com

Description

The Sokoto State Government is inviting investors to invest in the production of ethanol.

With the high oil prices and the threat of global warming biofuels is in huge demand and any investor in this industry will not be short of an adequate market.

Investment Opportunity:

The project will involve the planning, construction and operation of the facility.

Sokoto State is suitable for a number of crops that can be used for ethanol production, including: maize, cassava, jatropha, etc. Investors could either buy crops from local farmers or cultivate their own land.

Location:

A factory can be established anywhere in the state but will be best suited in the Sokoto metro axis due to the promising market potential and availability of raw materials.

Incentives:

The state government is offering the following incentives for investment in agri-processing:

  • Guarantee of loans by state government
  • Tax concessions
  • Consultancy services and investment management advisory services

    The federal government is also offering a number of incentives for investment in biofuels.

    Investors interested in this opportunity should contact:

    Office of the Executive Governor, Sokoto State
    Contact: Nasir Shehu Zarummai
    Email: zarummai@yahoo.com

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