(Naija247 News) Allied Atlantic Distilleries Limited, the only ethanol manufacturing company in Nigeria, says the company will improve ethanol production in Nigeria from nine million to 75 million litres annually by 2020.
The Managing Director of the company, Mr Rajavelu Rajasekar, disclosed this in an interview with the News Agency of Nigeria (NAN) in Abuja on Wednesday.
Rajasekar, who explained that Nigeria was currently importing about 260 million litres of ethanol, said the plan for the improvement in local production was to enable Nigeria save its foreign exchange.
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“Now we have in Ogun State, we want to expand it to Oyo, Osun and Kwara states in the years to come. …” READ MORE