There are many paradoxes in the Nigerian economy which leave observers baffled. For instance, why is there so much poverty despite an abundance of resources? The country loses about $45m annually by importing starch from other countries to meet the needs of local industries.

Why this is a sad irony is because Nigeria is renowned to be the world’s largest cassava producer, with annual output of over 34 million tons of tuberous roots. And cassava is the most in-demand source of starch owing to its advantages over other close substitutes like maize, wheat, sweet potato and rice. Starch from cassava is easy to extract, has high paste viscosity, high paste clarity, and high freeze-thaw stability which many industries seek to improve the quality of their products.

CLICK TO READ FULL ARTICLE: https://bizwatchnigeria.ng/processed-starch-presents-a-45m-opportunity-for-entrepreneurs/