# NNPC New Energy signs MoU for proposed €256m cassava bioethanol plant

> The proposed Lagos project includes a 200-hectare site and a separate 15,000-hectare cassava cultivation plan.

- **Source date:** 2026-10-02
- **Original source:** [Africa Business Insight](https://africabusinessinsight.com/nigeria-advances-us290m-cassava-based-bioethanol-project/)
- **Reading time:** 1 min read
- **Language:** English
- **URL:** https://voltformer.com/news/ng-onnpc-3d-hightech-ogun-osun-cassava-bioethanol-mou-20261002
- **Markdown:** https://voltformer.com/news/ng-onnpc-3d-hightech-ogun-osun-cassava-bioethanol-mou-20261002.md

NNPC New Energy and 3D HighTech Systems signed a memorandum of understanding with the Ogun-Oshun River Basin Development Authority on September 29 to develop a proposed cassava-based bioethanol project in Lagos State. The report describes a €256m (US\$290m) plant on a 200-hectare site in Itokin, while OORBDA plans to make 15,000 hectares available for cassava cultivation across Lagos, Ogun, Osun and Oyo. Project officials said ethanol would be blended with petrol; an E10 pilot remained in preparation. The MoU and plans do not establish completed financing, construction, operating supply farms or plant output.

[Africa Business Insight](https://africabusinessinsight.com/nigeria-advances-us290m-cassava-based-bioethanol-project/)

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