Evans 
Nigeria’s President, Bola Tinubu, has announced plans for the local manufacturing of solar panels and electric vehicle (EV) batteries, positioning the nation as a production hub in Africa.
This declaration was made during the inauguration of Nigeria’s largest lithium processing plant in Lafia, Nasarawa State. Chief Ajuri Ngelale, Special Adviser to the President (Media & Publicity), issued a statement on Friday night, emphasizing the significance of this development as a testament to the country’s appeal for foreign investment.
Also present during President Tinubu’s announcement on Friday in Abuja were Governor Abdullahi Sule of Nasarawa State, who was accompanied by Mr. Hi Yongwei, Chairman of Avatar New Energy Materials Company Limited, and Mr. Zhenhua Pei, Chairman, Canmax Technologies.
What President Tinubu said
”There are other aspects of lithium that you are exploring in the country, especially in battery production. Nigeria is a huge market for solar panels. Africa is a major consumer of solar technologies.
“ I do not see why these panels and batteries cannot be produced here. The labour is cheaper. Our youths are vibrant and skilled. Our people are brilliant and adapt to new technology.
“ The economy is increasingly more vibrant, and Nigeria is dependable. We have the consumption capacity and a surplus of steady-handed citizens with gifted minds and an innate drive to work and produce.
”You must not leave the community in ruins as you explore for our high-grade minerals. You must be concerned with cooperation and always care for the community.
”We are caring partners. We want your investments to succeed so that you can expand further. Whenever you call on us, we will help you. You can, in mutually-beneficial collaboration with us, dominate the solar panel market as part of a revolution in Africa and the West African sub-region.
What you should know
Aatar, a prominent Chinese firm, has established a lithium processing plant in Nasarawa State, capable of producing approximately 4,000 metric tonnes of lithium daily. In addition, Canmax Technologies, another leading Chinese company renowned for its significant contribution to global battery material production, has announced plans for a new investment of $200 million to establish another lithium processing plant in the region.
President Tinubu, welcoming the inauguration of the plant and the announcement of further investment, emphasized the importance of environmental stewardship, community engagement, and corporate social responsibility for the Chinese firms. He urged them to prioritize these aspects as integral components of their operations, highlighting the potential for collaboration to promote mutual interests between China and Nigeria.
GIPHY App Key not set. Please check settings