A British company has announced plans to establish a $5 million battery recycling plant in Ogun State, according to the government.
Following a visit to the state capital of Abeokuta by British High Commissioner Richard Montgomery, Governor Dapo Abiodun revealed this in a statement on Wednesday.
Abiodun said that during their meeting, the British High Commissioner confirmed the new development and added that the UK is interested in increasing investments in a variety of sectors, including agriculture, health, and education.
According to him, the battery plant will 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,” Abiodun said.
He went on to say that the UK has shown more interest in funding Ogun, especially in the areas of energy, technology, agriculture, and education.
He claims that talks to broaden these collaborations, including providing technical support for the state’s mass transit system, are still going on.
The UK has indicated that it would like to invest more in Ogun, especially in the areas of energy, technology, agriculture, and education.
We are enthusiastic about the opportunities that lie ahead and are currently having discussions about growing these partnerships. We appreciate British International Investment’s technical support for our mass transit system, as well as their prior support for cashew processing in the state, said Abiodun.
