NNPC to create jobs from renewable energy enterprises

The Nigeria National Petroleum Corporation (NNPC) has said it wants to create more jobs from renewable energy projects it plans to invest in.

It said on Wednesday in Abuja that up to five million jobs would be created from biofuel projects it would build with partners.

Group Managing Director of the NNPC, Dr Maikanti Baru, said this in a lecture he gave at the 12th Mechanical Engineers Distinguished Lecture organised by the Nigerian Institution of Mechanical Engineers.

Baru, said Nigeria needed to overcome energy insecurities, environmental and health issues that were staring at her, adding that renewable energy could help her do this.

“In Nov. 2017, the corporation signed an MoU with the Ondo State government to establish a 65 million-litre Biofuel plant in Okeluse. The plant and other associated products such as cassava feedstock production will create at least one million direct and indirect jobs.”

“By Dec. 2017, the NNPC and the Benue State government had an agreement for the proposed Biofuel plant. Upon completion, the plant is projected to generate about one million direct and indirect jobs. Benue has since donated the land for that project.”

“Early in March, we also signed MoU to set up a Biofuel plant and refinery in Kogi state. The project will create over two million jobs.”

“In Nov. 2017, a MoU was signed between the NNPC and Kebbi State for the establishment of a refinery and Biofuel plant. The 20,000 hectare project will use sugarcane as feedstock, create over a million jobs across the value chain.”

“This would facilitate diversification of NNPC business opportunities and increase domestic sugar production,” he said.