The Ogun State Government has announced that the establishment of a $5 million battery recycling plant in Ogun State by a British company will boost Nigeria’s energy sector.
An energy analyst, Caleb Ewang, stated that it would also accelerate industrialisation, job creation, small and medium enterprises as well as enhance socio-economic growth of the host community.
Ewang in an interview with New Telegraph, over the weekend, urged all the parties in the agreement to ensure the realisation of the project.
Recall that Ogun State Governor, Dapo Abiodun, had disclosed the deal following a visit by the British High Commissioner, Richard Mont – gomery, to Abeokuta, Ogun State capital.
According to the governor, the British envoy confirmed the new development during their meeting, and that the UK is also interested in expanding investments in sectors such as health, education, agriculture, and others.
The governor had said that the battery plant would recycle e-waste, convert battery cells back into chemical form, and export the minerals for new battery production.
“We are pleased to announce the establishment of a $5 million British battery recycling company in @OGSG_Official, marking the first of its kind in Africa. This development was confirmed by the @UKinNigeria High Commissioner, Mr. Richard Montgomery, during a visit to my office at Oke-Mosan, Abeokuta.
“This initiative, in collaboration with Ogun Invest and the Bureau of Lands, will bring cutting-edge technology and new job opportunities to our state, positioning Ogun as a leader in battery recycling across Africa.
“The plant will recycle e-waste, converting battery cells back into chemical form and exporting the minerals for new battery production,” he said.
The governor further said the UK expressed further interest in investing in Ogun, particularly in energy, technology, agriculture, and education. He explained that discussions were ongoing to expand these partnerships, including technical assistance for the mass transit system in the state.