Bioeconomy in Nigeria
With the objective of diversifying energy sources and promoting agroindustrial development, Nigeria adopted its national "Biofuel Policy and Incentives" strategy in 2007.
The paper was designed by the Nigerian National Petroleum Corporation NNPC. It is envisaged that the integration of both the energy and agribusiness sectors will foster the emergence of new jobs and support rural and technological development. Important objectives also include a more coherent policy and inter-ministerial coordination.