Assessing the Opportunities in the Nigerian Biofuel Industry

biofuel

Over the years, fossil fuels have met the majority of the world’s growing energy demands with little consideration for alternative sources of energy. In recent times, alternative sources such as biofuel have been found to be safer and cheaper than fossil fuels. In the last decade the global biofuel industry has evolved to become an attractive investment opportunity. Analysts forecast that between 2013 and 2020 the industry will attract over $26.1 billion in investments.

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