pellets), or liquids (e.g. ethanol, biodiesel, butanol, pyrolysis oils and bio-oil), or gases (e.g. biogas, synthesis gas, methane and hydrogen) (Nigam & Singh, 2011). The secondary biofuels can be segregated into first, second and third-generation biofuels based on the substrate availability, technology maturity and GHG gas emission balance. (Bharathidasan et al. 2011). Research has provided more progressive and productive conversion technologies for the extraction of biofuels in solid, liquid and gaseous
The development and economic growth of any country depends upon a well-structured financial system, which helps in the formation of a capital. Financial System is a set of institutional arrangements through which financial surpluses in the economy are mobilised from surplus units and transferred to deficit spenders. The institutional arrangements include all conditions and mechanisms governing the production, distribution, exchange and holding of financial assets or instruments of all kinds and the