The head of SMEFUNDS, Dr. Femi Oye, says the ag sector needs a hard turn toward making more biofuels. He argues for boosting ethanol production year-round to help farmers and stabilize local economies. This shift would open bigger markets for crops while keeping energy spending in rural areas.
Oye claims biofuels create a dependable demand for stuff like corn and soybeans. That steady need supports jobs at processing plants and pulls investment into communities, preventing those dollars from leaving. He pitched this as a way to strengthen farm revenue and revive the countryside.
He also pointed to their own tech, the Kike AI application, as part of the solution. The app uses artificial intelligence to help homes and businesses manage gas consumption more efficiently. Oye said it drives retail gas sales and even promotes better kitchen habits, linking smarter energy use with sustainable fuel production.
Oye claims biofuels create a dependable demand for stuff like corn and soybeans. That steady need supports jobs at processing plants and pulls investment into communities, preventing those dollars from leaving. He pitched this as a way to strengthen farm revenue and revive the countryside.
He also pointed to their own tech, the Kike AI application, as part of the solution. The app uses artificial intelligence to help homes and businesses manage gas consumption more efficiently. Oye said it drives retail gas sales and even promotes better kitchen habits, linking smarter energy use with sustainable fuel production.
