The federal government has dedicated $30 million for the Cassava Ethanol Project at Okeluse in Ose Local Government area of Ondo State. The project, which would be sited on 15, 000 hectares is between the Ondo State Government and the Nigeria National Petroleum Corporation (NNPC).

The move by the federal government was disclosed by the Senior Special Assistant to Governor Oluwarotimi Akeredolu on Agriculture, Mr Akin Olotu. Olotu, spoke 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.

The governor’s aide, who commended the activities of workers under FADAMA III project for the awards, said the ethanol project would solve many problems that cassava farmers had been facing. Olotu said the ground breaking of the project would be done in November, adding that clearing of land for the project would start this week.

According to Olotu, the project would generate not less than one million jobs both directly and indirectly. He added that the project when in operation would bring Ondo State up to speed in the area of renewable energy.