Economy diversification: FG to develop bio-fuel

Economy diversification: FG to develop bio-fuel

- The federal government will grow jatropha in 20 states as part of the development of bio-fuel

- This is in order for the government to replace fossil fuel

- This was made known by the minister of environment, Mrs Amina Mohammed

Nigeria's minister of environment, Mrs Amina Mohammed has informed Nigerians that the federal government will grow jatropha in 20 states as part of the development of bio-fuel.

Mrs Mohammed made this known while speaking to journalists in her office in Abuja yesterday, September 29.

Economy diversification: FG to develop bio-fuel

Mrs Mohammaed and the minister of state for environment, Alhaji Usman Ibrahim Jubril pose for a photograph with journalists after the deliberations

According to her, the project would serve as an alternative to fossil fuel, provide jobs for local communities, and diversify the economy.

READ ALSO: Recession: More woes for Buhari’s government as S&P downgrades Nigeria

Her words: “Jatropha has been identified by the Nigerian Bio-fuel Policy and Incentives 2007 as the most preferred non-food plant for bio-fuel feedstock for production in the country.

“This policy, as well as the NNPC’s Renewable Energy Division, were set out to link the agriculture and energy sectors and promote job creation, technology acquisition and attract foreign investment in the bio-fuel industry.

“The Jatropha Value Chain project is being proposed as a means not only for the successful production of a viable green alternative to fossil fuels, but also of providing an additional means of livelihood for local communities that are losing ground water and vegetation every year due to desertification.’’

Mrs Mohammed also said the project will create an avenue for the diversification of the Nigerian economy through empowering people, fighting desertification and poverty, thus enhancing socio-economic growth across the country.

“This approach will lead to rapid creation of a New Green Economy in the rural areas, thereby creating jobs and wealth from the cultivation of Jatropha and its value chain.

“Ultimately, this will result in the establishment of an African Clean Energy Hub in Nigeria. Jatropha also has potential to impact on five key elements of the COP 21 2015 Paris Climate Change Agreement,” she said.

READ ALSO: Buhari minister confesses, admits Nigerians are truly suffering

Meanwhile, Indian variety of rice and pulses may soon be grown in Nigeria as the Muhammadu Buhari government intensify partnership with the Asian giant.

The federal government of Nigeria is working on making agriculture the biggest alternative to oil and gas business as it seek to diversify the Nigerian economy in the wake of the recession ravaging the nation.

Source: Naija.ng

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