For more Business Economics and Tourism Projects click here


The aim and purpose of this thesis is to explore the market/investment potential of bio energy/mass in Nigeria with South East Nigeria as a case study. Data for the study consists of primary and secondary sources. From the data analysis the findings of the research showed that biomass can be found in Nigeria (South East) in sustainable and sufficient quantity. Market potential of bio-energy/mass is found to be significant with potentials for growth. The research reveals that the quantum of conventional energy in the energy market that can be substituted by bio fuel is substantial. The study also reveals that Nigeria’s investment potential in bio energy/mass production may depend on government mandate, production cost of bio-fuels relative to other fuel substitutes, subsidy on petroleum products and the level of agricultural productivity. In terms of capacity for commercial deployment, feedstock supply, sustainability, Nigeria has huge reserve of natural resources and factors deployable for alternative energy production - productive arable land, favourable climatic conditions, abundant and potential feedstock production like cassava, maize, palm oil, sugarcane etc.



1.1 Background of the Study
1.2 The Aim and Purpose of the Study
1.3 Scope of the Study
1.4 Case Country Nigeria (Southeast) Brief histories
1.5 Nigeria’s Energy Resources
1.6 Bio energy/Biomass Resources


3.1.      Quantum of Demanded Energy Unmet
3.2 Market Demand

4.1 Market Product
4.2 Energy Market Implications for Bio fuel Demand

5.1 Criteria for Sustainable Bio energy Market
5.2 Environmental Benefits
5.3 Socio-economic Benefits


7.         RESEARCH
7.1 Research Question A
7.1.2 Research Question B
7.1.3 Research Question C
7.1.4 Research Question D
7.1.5 Research Question E
7.2 Analysis of Questionnaire
7.3 Discussion of Findings

8.         CONCLUSION

1.                   INTRODUCTION
1.1         Background of the Study
Bio energy holds great potential for better energy future. That was my major motivation for embarking on this research. Also, the susceptibility to depletion of natural resources such as petroleum, coal and nuclear fuels as well as their negative environmental impact was of concern to me. This concern however was doused, since from my research, bio energy portends better prospects for future energy sustainability and a cleaner environment.

As the world’s population continues to increase with its associated rapid development, especially in areas where the demand on fossil resources had been very low per capita, it is expected that the energy and material needs of human society will become unprecedented in the near future. This will lead to more demands and increasing cost of fossil resources for energy, fuels, chemicals and materials. It has also become apparent that fossil fuels emit greenhouse gases and the continued emissions of these gases are influencing the world climate. The reduction of global demand for fossil fuel resources has been proposed as a major strategy to ameliorate the effects of climate change.

Biomass has been ticked as one of the solutions to energy future. It is a renewable source of energy that can provide heat, electrical energy, and transportation fuels which can reduce CO2 emissions, Sulphur and Heavy Metals in the atmosphere. Biomass also has the potential of improving rural income and energy security.

Nigeria is a developing country and her technological endowment has not reached a very high level of development. To a large extent, the traditional economic system is still predominant, although appreciable progress is being made towards making the economy more market oriented. The country is ranked the sixth producer of crude oil and is therefore heavily dependent on it as a major source of revenue and energy. In recent times awareness has been created on biomass as the alternative to fossil resources and Nigerian government in alignment with relevant multilateral institutions is developing its capability in the sphere of biomass. With the shortcoming of non renewability and unfriendly environmental attribute of fossil resources, there is a strong need for the development of alternative clean energy supply in Nigeria. It is estimated that Nigeria’s oil reserve can only last for the next 30 years and with its growing population of over 150 million and a large expanse of arable land, there is a huge potential for the commercial development of biomass energy. The use of bio energy resources will reduce environmental pollution as degradable domestic and industrial waste can be converted into energy. Exploitation of biomass resources will contribute to the diversification of the energy supply mix and as well increase the country’s Gross Domestic Product (GDP).

1.2         The Aim and Purpose of the Study
The aim of this study is to explore the market/investment potential of bio energy/mass in Nigeria. This research attempts to answer the question: is there prospect in developing bio fuel as alternative energy source in Nigeria? The study tries to find answers to these questions:

A.    Where can biomass resources be found in South-eastern Nigeria and are they sustainable and in sufficient quantity?

B.     What is the market potential?

C.     How much of the conventional energy in the energy market can be substituted by bio fuels?

D.    What effect will the price of conventional energy units have on the price and demand for bio fuels?

E.     Investment potential will it be determined by the value of the extra investment on the conventional energy compared to the value of bio energy investment?

1.3         Scope of the Study
The research does not include bio energy/mass production technology. The analysis of market/investment potential will concentrate only on information that is relevant to the study. That includes information on bio energy resources, its...
For more Business Economics and Tourism Projects click here
This is a General Thesis for both Undergraduate & Postgraduate Studies. The complete research material plus questionnaire and references can be obtained at an affordable price of N3,000 within Nigerian or its equivalent in other currencies.


Kindly pay/transfer a total sum of N3,000 into any of our Bank Accounts listed below:
·         Diamond Bank Account:
A/C Name:      Haastrup Francis
A/C No.:         0096144450

·         GTBank Account:
A/C Name:      Haastrup Francis
A/C No.:         0029938679
After payment, send your desired Project Topic, Depositor’s Name, and your Active E-Mail Address to which the material would be sent for downloading (you can request for a downloading link if you don’t have an active email address) to +2348074521866 or +2348066484965. You can as well give us a direct phone call if you wish to. Projects materials are sent in Microsoft format to your mail within 30 Minutes once payment is confirmed. 

N/B:    By ordering for our material means you have read and accepted our Terms and Conditions

Terms of Use: This is an academic paper. Students should NOT copy our materials word to word, as we DO NOT encourage Plagiarism. Only use as guide in developing your original research work.

Delivery Assurance
We are trustworthy and can never SCAM you. Our success story is based on the love and fear for God plus constant referrals from our clients who have benefited from our site. We deliver project materials to your Email address within 15-30 Minutes depending on how fast your payment is acknowledged by us.

Quality Assurance
All research projects, Research Term Papers and Essays on this site are well researched, supervised and approved by lecturers who are intellectuals in their various fields of study.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.

Search for your topic here

See full list of Project Topics under your Department Here!

Featured Post

Article: How to Write a Research Proposal

Most students and beginning researchers do not fully understand what a research proposal means, nor do they understand ...

Popular Posts