Nigeria’s Lithium Industry Attracts $2 billion Investments
The Minister of Solid Minerals Development, Dr Dele Alake, disclosed while addressing prospective investors at the Resourcing Tomorrow exhibition and conference in London.
The Minister of Solid Minerals Development, Dr Dele Alake, disclosed while addressing prospective investors at the Resourcing Tomorrow exhibition and conference in London.
The big manufacturers being reached out to across the country includes Innoson Vehicle Manufacturing Company, Dangote Cement, LaFarge, Julius Berger, MTN, Airtel, Oando, Transcorp, Marriott, Eko Hotels, TotalEnergies, Obasanjo Farms, R.T Briscoe, Dantata Organisation, Nord Motors and many others.
The Banker’s awards are widely regarded as the most respected and rigorous in the global banking industry, celebrating institutions that demonstrate outstanding performance, innovation and strategic execution.
A major dimension of the scandal, lawmakers said, was that lead processed in Ogijo had already been traced into international supply chains, reaching global battery and automobile manufacturers who either did not address the findings or relied solely on assurances from Nigerian suppliers.
We’re going to test about 500 people, including factory workers, residents living close to the industries and even their suppliers.
A recent mapping of Used Lead-Acid Battery (ULAB) recycling facilities in Nigeria reveals that 64 percent of them are found within Ogun State, with most of them concentrated in the Ogijo area of the state.
The breakdown of the manufacturing sector showed better performance across the food & beverage, cement, and plastic & rubber products sub-sectors.
The House Ad-Hoc Committee on Pre-Shipment Inspection of Exports and Non-Repatriation of Crude Oil Proceeds, led by Seyi Sowunmi, a Labour Party (LP) lawmaker, moved the motion to unravel a scandal stretching across political eras, oil booms, recessions, and multiple administrations.
He urged the partners to embrace customs and logistics modernisation and to implement the AfCFTA framework more deliberately, as the partnership is turning the gains into a broader regional partnership across African markets.
This ban could have severe repercussions, including:- Loss of over N1.9 trillion in investments, primarily from indigenous Nigerian companies.