Nigeria, Israel and Belgium Join Hands for Algae Biofuel Project
The Federal Government of Nigeria has had discussions with top companies from Belgium and Israel for the possibility of undertaking algae biofuel project. Representatives from two companies, Actiview Solutions from Belgium and Univerve Ltd from Israel and top officials from the Nigerian government were a part of the discussion. The discussion was focused on making Nigeria, one of the global suppliers of biofuel, animal feed and food supplements produced from algae.
The two companies are seeking the Nigerian government’s approval to establish a Microalgae-to-Biofuel Technology Demonstration and Educational Centre in the Lagos State of Nigeria. According to the companies, the Center will be the foundation for establishing commercial scale algae farms in Nigeria.
According to Univerve’s CEO Zuckerman, the project will have the capability to ac t as a major driver for the agricultural sector of the country and the final location will be decided later based on the local conditions and availability of water. Taitler, the Managing Director of Actiview opined that the project can act as the catalyst to upgrade Nigeria’s economy and added that the company has already secured the endorsement of the African Development Bank and the Belgian Investment Company for Developing Countries as development partners for the proposed algae-biofuel project.