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Investor Presentaiton

Renewable Energy in Nigeria ■ Our bio-fuel project, as part of our alternative energy development strategy is geared towards utilizing our agricultural potential in cassava and sugar cane to produce ethanol that can serve as a good alternative to petrol currently in use. ■ Two types of automotive fuel are to be developed: Ethanol fuel (to be derived from sugar cane & Cassava) • Diesel (to be derived from palm oil) ■ The ethanol programme is to improve automotive exhaust emissions, reduce domestic use of petrol, free up more crude for export and position Nigeria for development of green field Along with other relevant agencies such as the Ministry in charge of power and the Nigerian Electricity Regulatory Commission (NERC), we are truly poised and committed to stimulating investment in renewable energy generation in Nigeria. The NERC, for example, has set for itself a target of generating a minimum of 2,000MW of electricity from renewables by the year 2020.
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