NewStats: 3,259,436 , 8,170,115 topics. Date: Sunday, 25 May 2025 at 01:27 AM 4z5f1m

The National Agency for Science and Engineering Infrastructure (NASENI) is urging investors to work with the Agency in domesticating and producing lithium batteries locally, as well as other renewable energy sources.

Speaking today in Abuja, the Executive Vice Chairman/CEO of NASENI, Dr. Bashir Gwandu, stated that the Agency was prepared to collaborate with foreign businesses that were eager to establish their operations in Nigeria and begin local production of capital goods, such as parts for electric vehicles and renewable energy systems, that could reduce Nigeria's reliance on imported goods that strain the country's foreign exchange.

Dr. Gwandu stated that "NASENI is already doing a lot in the area of Solar Production" while welcoming a business delegation from LEMI Technology Shenzhen, China to NASENI headquarters.

He claims that NASENI will soon bring in solar cell manufacturing to enhance its current efforts in solar assembly. In contrast to the customary practice of foreign corporations shipping the raw materials outside of the country for processing, he said that the Agency has met with other businesses from across the world to seek partnerships on local manufacture of lithium-based end-products in Nigeria.

He claimed that if NASENI were to implement some of its goals, such as the domestication of technologies, the production of capital goods, and the commercialization of Nigeria, it would help close the technological gap between Nigeria and other nations, prevent the importation of these technologies, and promote local production.

As an alternative to starting from scratch, he added, NASENI will collaborate with the National Automotive Design and Development Council (NADDC) to promote the development and manufacture of electric vehicles as well as the conversion of existing vehicles to electric ones. In the same vein, NASENI is also promoting the building of electric vehicle charging stations on major roadways across the nation by holding discussions with various stakeholders.

"As a result, we are asking friends from Nigeria to settle here. Those who can come and produce locally are encouraged to do so. We will assist them and see to it that the business climate is favorable, he said.

The NASENI EVC thought that by making this call, it would provide potential partners the chance to produce in Nigeria. He stated that the Federal Government "would welcome any company who gets to us first" and that the Agency was prepared to cooperate with businesses that were willing to set up plants in Nigeria for the production of lithium batteries.

Dr. Gwandu advised NASENI and LEMI Technology to determine potential areas of cooperation in the manufacture of lithium batteries and to make sure that all safety and environmental requirements are adhered to.

Dr. Gwandu expressed his delight in working out a memorandum of understanding (MoU) with LEMI Technology with a view to ensuring the safest methods of producing the lithium-based batteries, taking into consideration Nigeria environmental peculiarities. He emphasized that NASENI's priority area is the production of lithium batteries and inverters.

The company is prepared to work with NASENI and invest in the nation, according to LEMI Technology's founder, Ms. Joyce Chen, who also expressed her hope for a fruitful partnership with NASENI and the Nigerian government. The Chief Investment Officer, Mr. Rocky Hu; Chief Financial Officer, Ms. Biju Yao; Director of Overseas Business, Ms. Monica Liang; and Engineer, Mr. Lucia Peng, are also included in the delegation.

The Chief Executive Officer of LEMI Technology, Mr. Xie Feng, described the visit in detail and indicated his company's commitment to collaborate with NASENI through an MOU on renewable energy, specifically with regard to goods like solar and television s, inverters, and battery production.

He added that Nigeria, with its dense population, is important for business prospects and that there has been a long-standing kinship between Nigeria and China. According to Mr. Feng, LEMI Technology has been doing business in Nigeria since 2018 and has given locals job chances in addition to selling renewable energy goods to more than 200,000 Nigerian households.

Engineering Materials, Industrial and Analytical Chemical Materials, Scientific Equipment and Components, Engineering Equipment, Engineering Designs and Standardization, and Power Equipment are some of the broad categories of capital goods for which NASENI has a specific mandate for research, production, and reverse engineering.

One of the first projects the EVC of NASENI started after returning to work was to call some of the major lithium exporters from Nigeria and advise them to start planning to invite their counterparts who produce lithium batteries in other parts of the world to come and invest in the end-product production in Nigeria.

He urged them to take advantage of the conversation and capitalize on the first mover advantage since NASENI would investors by promoting government legislation that would restrict the export of all lithium kinds other than those that Nigeria could not turn into an end product.

He highlighted that if other nations, like Zimbabwe, have gone to the level of processing lithium, Nigeria cannot continue to export raw lithium. According to him, Nigeria should lead the way in battery manufacture because it has access to all necessary raw materials, including phosphate.

He said that any firm that can come to Nigeria and transform the raw materials into end products will be encouraged by NASENI in any sector where NASENI can draw manufacturers, whether it be in renewable energy or other sectors like the aerospace industries. Suppliers to CATL and LEMI of China were among the companies invited to an earlier meeting on lithium.

The first delegation from LEMI of China was hosted by the EVC today in order to begin discussions about local production of various kinds of lithium batteries and other items in the photovoltaics value chain.

https://dailytrust.com/naseni-invites-producers-of-lithium-batteries-to-manufacture-in-nigeria/

The Chinese companies should be well monitored.

Why can’t Nigeria be independent for once?

Can’t you empower your citizens to do these things and have all the money by yourself?
There are people that are capable of doing these things with adequate empowerment and from the government, but No, they love China more than their citizens

Sigh

TemplarLandry:

You should make yourself useful to yourself and your family, man

You are on every single thread
Get a life and get yourself busy, please.

If you want to attract investors, do your bit.

How can you tell a sane mind that after 60 years of independence Nigeria cannot boast of 24-hour electricity supply?

What idleness cannot cause does not exist

Mystic216:

You should make yourself useful to yourself and your family, man

You are on every single thread
Get a life and get yourself busy, please.

Mystic216:
Why can’t Nigeria be independent for once?

Can’t you empower your citizens to do these things and have all the money by yourself?
There are people that are capable of doing these things with adequate empowerment and from the government, but No, they love China more than their citizens

Sigh

You talk as if is as easy as counting 123

Which Nigerian company do you feel is capable of producing lithium batteries locally?

Ikaeniyan0:
You talk as if is as easy as counting 123

Which Nigerian company do you feel is capable of producing lithium batteries locally?

Bro, if it’s not easy for both of us to do, government can make it easy if they want

Dangote’s refinery seems difficult, but today it’s functioning

Shying away from innovation.

Create the right atmosphere for investment and you won't have to beg anybody. Business people are in business to make money.

Long over due.
Nigeria has a huge deposit of lithium in Sambisa and around Lake Chad basin.
One of the cause of insecurities in the region.
Like it's happening in DR Congo.

ThinkSmarter:
Long over due.
Nigeria has a huge deposit of lithium in Sambisa and around Lake Chad basin.
One of the cause of insecurities in the region.
Like it's happening in DR Congo.

I can't wrap head around how much money elfufai. And shettima have right now.

God o

For heavens sake why would you do that FDI is never good for a developing economy

There are many battery producers in Nigeria

There are at least 10 in nnewi... Why not empower them give them loan to scale up

Then provide platforms for them to become contract manufacturers to electric car companies

Also empower innoson to go into electric car production

And investors brings in 100 million dollars... Over 20 years takes out $15 billion dollars... Has he helped the economy or killed it more?

You give a Nigerians $100 million dollars loan... He invest makes $15 billion, 95% of that wealth would remain in Nigeria... That's how you grow and economy

Must it be China always? Why not help the existing ones?

The should also set up nuclear power plant in the North. Boom!!! the north will be no more

Something that is being produced in Nnewi by Ibeto for a very long time now?

seunlayi:
Must it be China always? Why not help the existing ones?

Ibeto, Nnewi has been existing for long

china our biggest creditor


3 months old Lhasa Apso for sale

Must Nigeria as a country depend on other countries to provide everything for them?

Why not fund the existing ones. Don't tell me there is no money.

Nigeria has money. Money is in Nigeria. Our politicians knows that.

Hopefully, exportation of the finished Lithium batteries will be made easier. And things like good roads and good electricity will be improved upon to encourage foreigners to setup factories here.

Hehehe.

This will kill local producer's.

There are all useless

Ok

Dumping ground

Good One!! African Countries should give themselves brain. Any Company that is not willing to set up it's manufacturing where the raw material is sourced should leave our resources alone.

TemplarLandry:
The Chinese companies should be well monitored.

你说的对
可惜是做不到的事情

meanwhile...
Chinese firefighters at work

Y

We can't set it by ourselves abi

J

Ok
If china agrees, fg will give them some lands to set it up there, 0.5% dept paid.

They will set up, and import their people to run it!

How many Nigerians setting up businesses and top investments abroad, bring their people from here to run them?!!

U don't beg people to invest, they do when they see good opportunities,