This Day (Lagos)
31 March 2008
In line with the Nigerian National Petroleum Corporation (NNPC) initiative to work with investors in achieving ethanol production in Nigeria, the Managing Director and Chief Executive Officer, Global Biofuels Limited, Dr. Felix Babatunde Obada, has disclosed that Nigeria would benefit from the $70billion Clean Development Mechanism (CDM) funds with the development of ethanol local capacity in the ...
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carbon credits is the in-thing in the world of finance now and nigeria like evry other developing economies without caps can seize this opportunity to finance several projects. Although i am not an authority on additionality but this soghurm sweets is an additionality in this project and for business as usual it would not have come up at all.