Would you like to receive notifications on latest updates of the following headlines?

My Govt'II Make Nigeria the Solar Panel, Ev Battery Manufacturing Hub - Tinubu

POSTED ON May 11, 2024 •   Politics      BY Benedicta Bassey •   VIEWS 155
President Bola Tinubu (Middle) Government officials and Avatar Chinese firm personnel/ Photo credit: ChannelsTV


President Bola Tinubu has commended the inauguration of Nigeria's largest lithium processing plant in Lafia Nasarawa State, vowing, he would make Nigeria the Solar panel and EV Battery Manufacturing Hub in Africa.

President Tinubu made the remarks on Friday in Abuja during a meeting with 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. 

Avatar, a Chinese firm, built the lithium processing plant which produces about 4,000 metric tonnes daily while Canmax Technologies, a renowned Chinese firm responsible for over 30% of global battery material production, announced a new investment of $200 million for another lithium processing plant in Nasarawa State.

Welcoming the inauguration of the plant and the announcement of new investment plans, President Tinubu urged the Chinese firms to prioritize environmental protection, community engagement, and corporate social responsibility initiatives as integral parts of their operations.

He said, "There are other aspects of lithium that we 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. 

''You can always promote the interest of China and Nigeria as the best place in Africa to do business. We are preparing to produce in this country the solar technologies that the entire continent will use,'' the President said. 

President Tinubu also applauded Governor Sule and the Minister of Solid Minerals, Dr. Dele Alake, for their dedication to ensuring environmental protection and value addition by mining firms operating in the country. 

RECOMMENDED FOR YOU
US pledges $157m humanitarian aid to Lebanon, Syria amid crisis
BY Benedicta Bassey October 5, 2024 0

The United States on Saturday said it will provide nearly $157 million humanitarian aid to assist po...

RECOMMENDED FOR YOU
Flood: Gov Zulum requests N61bn supplementary budget for Repair
BY Benedicta Bassey October 5, 2024 0

Borno State Governor, Babagana Umara Zulum, following the devastating flood that submerged over half...

RECOMMENDED FOR YOU
Explosion hits Rivers APC secretariat as LG poll holds
BY Benedicta Bassey October 5, 2024 0

An explosion suspected to be dynamite shattered the secreteriat of the All Progressive Congress, alo...

RECOMMENDED FOR YOU
PDP members divide over Damagum’s replacement
BY Benedicta Bassey October 5, 2024 0

Members of the peoples Democratic Party have disagree over the zone that should produce a replacemen...

RECOMMENDED FOR YOU
Tinubu confers GCON on Abbas amid controversy
BY Benedicta Bassey October 5, 2024 0

President Bola Tinubu has conferred the nation’s second highest national honour, the Grand Com...

RECOMMENDED FOR YOU
Russia, Ukraine in word battle over Nigeria’s protests
BY Benedicta Bassey October 5, 2024 0

Following the recent Protest in Nigeria to mark the 64th Independence anniversary on October 1st, Ru...

RECOMMENDED FOR YOU
Alleged Fraud: Court summons Yahaya Bello for arraignment Oct 24
BY Benedicta Bassey October 4, 2024 0

A High Court sitting in Abuja, has summoned the immediate-past governor of Kogi State, Yahaya Bello,...

RECOMMENDED FOR YOU
Plans are underway to institute 5,000-man force to combat terrorism - ECOWAS
BY Benedicta Bassey October 4, 2024 0

In a bid to fight terrorism to a zero level, the  Economic Community of West African States (EC...

OUR CHANNELS:

OTHER ARTICLES ::

6th October, 2024
US pledges $157m humanitarian aid to Lebanon, Syria amid crisis
BY Benedicta Bassey October 6, 2024 0

The United States on Saturday said it will provide nearly $157 million humanitarian aid to assist po...


Israel strikes hit Hezbollah Intelligence headquarters in Beirut as tension mount
BY Benedicta Bassey October 6, 2024 0

Fresh Israel airstrike on Saturday hit the intelligence headquarters of Iran-backed Hezbollah in Bei...


Over 70 killed in violence gang attack in Haiti
BY Benedicta Bassey October 6, 2024 0

Over 70 people including children have been killed after an armed gang attacked a small town in Hait...


Flood: Gov Zulum requests N61bn supplementary budget for Repair
BY Benedicta Bassey October 6, 2024 0

Borno State Governor, Babagana Umara Zulum, following the devastating flood that submerged over half...


Explosion hits Rivers APC secretariat as LG poll holds
BY Benedicta Bassey October 6, 2024 0

An explosion suspected to be dynamite shattered the secreteriat of the All Progressive Congress, alo...


Actress Toyin Abraham refutes debt allegation
BY Ebiakuboere England October 6, 2024 0

Nollywood actress and Filmmaker, Toyin Abraham has refuted debt allegations by a fashion designer wh...


CBN sells $543.5m FX to approved banks for market stability
BY Benedicta Bassey October 6, 2024 0

The Central Bank of Nigeria hinted that it sold $543.5m at the rate of N1,540 and N1,580 to authoris...


Tupac's family set to investigate Diddy's connection to singer's death
BY Ebiakuboere England October 6, 2024 0

A New York lawyer, Alex Spiro has announced that the late rapper Tupac Shakur's family has engaged h...


Nigeria Unveils contactless app to boost passports processing and ease collection
BY Benedicta Bassey October 6, 2024 0

Nigeria has unveiled a contactless passport processing App in Abuja to ease the hassle of physically...


FG expresses commitment to improving teacher's welfare
BY Benedicta Bassey October 6, 2024 0

The Minister of Education, Prof. Tahir Mamman, has reiterated federal government’s commitment...


Menu