Nigeria spends over 600bn annually to import ethanol – Segun Adewunmi

Nigeria spends over 600bn annually to import ethanol – Segun Adewunmi

The National President, Nigerian Cassava Growers Association, Pastor Segun Adewumi, says cassava can generate over N20 trillion for the country annually if adequately utilised.

Adewumi said in an interview with newsmen in Abuja yesterday that cassava was one of the most reliable cash crops in the world that could also be used to trigger industrial revolution and solve Nigeria’s economic problems. Adewumi lamented that the country spent over N600 billion yearly to import ethanol and starch which were cassava derivatives that could be processed and sourced locally.

According to him, cassava has over 20 food types and three major industrial products like ethanol, starch and cassava flour which are raw materials for other products. “Government should pay more attention to cassava, it has been neglected. By the time cassava is accorded the needed attention, it will take over crude oil. We have been trying to set up industries that will utilise cassava for the benefit of this country,” he said. Read more

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