The Federal Government of Nigeria has earmarked $30 million for the cassava ethanol project, which would be sited on 15, 000 hectares of land at Okeluse in Ose Local Government area of Ondo State. The project is an initiative that will be implemented by the Ondo State Government and the Nigeria National Petroleum Corporation (NNPC).
The development was disclosed by the Senior Special Assistant to Governor of Ondo State on Agriculture, Mr Akin Olotu, who noted that the ethanol project was initiated by the administration of the late Dr. Olusegun Agagu, a former governor of Ondo State, but was abandoned.
Olotu revealed that the project was brought up again by the former Managing Director of NNPC, Engineer Funsho Kupolokun when the Economic Team was working on the Road Map to Progress at the take-off of the current administration. He noted that clearing of the land will start soon and groundbreaking of the project will be done in November 2018.
While speaking in Akure, Ondo State during the dedication of five awards won by the officers of the State office of FADAMA III Project to the state government, Olotu said the project will generate about a million jobs.
The Coordinator of FADAMA III in Ondo State, Mr Olusiji Olatunji, said the successive administration in the state had been demonstrating commitment to the project. He revealed that it was the consistency of the state government that excited the World Bank to support the FADAMA project.