The permanent secretary of Budget and National Planning Engr. Nebeolisa Anako said that cassava bioeconomy would bring higher GDP and reduce unemployment by significantly creating employment for the youth in Nigeria.
Engr. Anako made this known today during the pilot phase of the sensitisation workshop held at Toscana Hotel in Enugu.
The Perm Sec. also said that cassava bioeconomy is untapped field, which would provide food for the country, starch and ethanol for industries if tapped.
His words, “One of the aspirations of the Federal Government is to bring about higher GDP growth and to significantly reduce unemployment by creating meaningful opportunities for the youth.
“The bioeconomic policy aims at promoting sustainable economic growth and development by creating a bio-based economy that will contribute to job creation, poverty reduction; increase access to food and energy.
“Developing cassava bio ethanol is a low hanging fruit. As you are aware, Nigeria is the world biggest producer of cassava and cassava has so many value chain, so many products, ranging from food, which is in line with the Food System Transformation Path Ways of the United Nations and also a huge chunk in delivering the SDGs 2030. Apart from food, we have the industrial products like ethanol, starch etc.
“The value chain is huge and is an untapped area.”
The Governor of Enugu State Dr. Peter Mbah who was ably represented by the Secretary to the State Government Prof. Chidiebere Onyia said during his address, “Eradication of poverty is a progress and it’s multifaceted. What this entrepreneurship will do is to create new opportunity for the young people in Enugu State and Southeast to begin to explore other ways of wealth creation.
“It is a process and what we have started today supported by the Federal Ministry of Finance, Budget and National Planning will create a new window of opportunities for us.
“We are going to set up business module that leads the type of product that we want, which will support productivity in this region and Nigeria.
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“And since we are talking export, we also looking at long term of how this becomes a brand in terms of our productivity for our global economy.”.
