Ethanol producers offer rare hope as FX earnings dip | The Guardian Nigeria News - Nigeria and World NewsNews — The Guardian Nigeria News – Nigeria and World News
As Nigeria continues to grapple with falling foreign exchange earnings, ethanol producers in the country may have offered uncommon hope as they have pushed the country’s hitherto poor production capacity beyond its consumption. Nigerians scrambled for unavailable sanitizer, a by-product of ethanol, last year during the outbreak of the COVID-19 pandemic as the country relied on unavailable imported brands, alongside inflation prices. At the weekend, ethanol producer, Unicane Industries Limited, announced the completion of the second phase of its plant expansion in Kogi State, which ha...
Source: guardian.ng