In reaffirming the United Kingdom’s commitment to developing bilateral relations and supporting development projects in some key regions across Nigeria, the British High Commissioner, Dr. Richard Montgomery, finished his trips to Lagos and Ogun States.
The High Commissioner held meetings with Governors Dapo Abiodun of Ogun State and Babajide Sanwo-Olu of Lagos State throughout the four-day visit. The discussions centred on strengthening economic ties, encouraging investments, prosperity opportunities, and future priorities that could be advantageous to both the states and the UK.
The UK company Hinckley Recycling’s statement, available to BrandSpur Nigeria news today, that they will be building a new battery recycling facility in Ogun State utilizing UK-patented technology, was one of the visit’s major highlights. Africa’s first lithium-ion and lead acid battery recycling and treatment facility will be built because of Hinckley’s $5 million investment.
Dr. Montgomery met in Lagos with Chief Emeka Anyaoku as well as a few Nigerian business executives, such as the CEOs of Standard Chartered, Airtel Nigeria, Nigeria Helios Investment Partners, Afrinvest, and KPMG West Africa.
Following the visit, the British High Commissioner, stated: “My visit to Lagos and Ogun States has reinforced the strong ties between our two great countries.
“Both states are key to boosting Nigeria’s economic prosperity, and the UK is committed to driving that growth, promoting trade, and supporting their developments,” he added.
Regarding the $5 million project to build Ogun State’s first battery recycling facility in Nigeria, Dr. Montgomery stated: “It is fantastic that Hinckley Recycling is establishing the first lithium-ion and lead-acid battery recycling facility in Nigeria, creating a new high-value export industry in Ogun State and 100 new direct jobs. Congratulations to the Commissioners and to OgunInvest who worked with Hinckley to make this ground-breaking project a reality.
“The UK fully supports His Excellency Governor Abiodun’s mission to bring new investment and new jobs into Ogun State. The UK Government’s development finance bank British International Investment invested $15 million into Valency International in Ogun State last year, and the UK’s Manufacturing Africa programme is supporting four other companies in Ogun to raise capital and expand their production facilities,” he added.
