Ogun State may soon get a USD 5 million battery recycling firm investment to further spur economic development in the State. This was revealed during the brief visit of the British High Commissioner in Nigeria, Mr. Richard Montgomery to the Governor of Ogun State, Gov. Dapo Abiodun today in Oke-Mosan, Abeokuta, the Ogun State’s capital. Mr. Richard Montgomery was accompanied by some officials of the British High Commission for the courtesy call.
TheMediaGood Newspaper gathered that when fully operational, this battery recycling firm will be the best in Africa. The project has obtained immense support from various agencies in Ogun State.
Speaking, Montgomery remarked: ‘My brief visit to this state is about the deal put together for recycling, which is moving out of Lagos State and establishing a new plant here for recycling e-waste. The Ogun Invest and the Director General, Lands are working to ensure the deal comes off the line, and I am glad to be here to join the final conversation. I think that will bring new technology and new jobs to the State.’
‘The battery we will be manufacturing in Ogun State will be the first of its kind in Africa, and we will make the State the leader in battery recycling in Africa. For the first time, it is now possible to recycle the cell back into chemical form in Africa and export the black mass, which contains the minerals inside the battery, to make new batteries. It is really exciting that we received support from Ogun Invest, and officials from the Bureau of Lands confirmed the Certificate of Occupation. We can say that the investment will be about five million dollars, and we want Ogun State to be the place where this industry can grow,’ the High Commissioner said.
In his speech, the Ogun State Governor, Prince Dapo Abiodun affirmed: ‘We are open for business. Our administration has made the environment attractive. We have reduced bureaucratic bottlenecks to the barest minimum. We have made land acquisition seamless for investors. We have grown our economy. Ogun State is effective and forward-thinking. I want to thank the High Commissioner for the support we have enjoyed from the British Foreign Office.’