Enset is a perennial root crop indigenous to Ethiopia cultivated dominantly in the south and southwestern highlands. There are several enset varieties or clones mainly produced for their starch from the pseudostem while some are exclusively cultivated for their corm. Kocho, bulla, and corm (amicho) are the main food products of enset. We studied the nutritional, socio-economic, and cultural values of this crop. The corm (Neqaqa) was found to be more nutritious than bulla (Gena) except in starch and zinc contents. Enset is rich in starch but low in protein composition hence, dietary protein source is mandatory. It plays great role in the food security of the country and a staple food for significant Ethiopian population. It has several environmental, nutritional, and socio-cultural importance however its cultivation is under disease challenges. Continuous research effort is required to improve the production of enset and its food products and fiber processing.