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Home»National»UK To Establish $5 Million Battery Recycling Plant In Ogun State
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UK To Establish $5 Million Battery Recycling Plant In Ogun State

Editor FrancisBy Editor FrancisSeptember 19, 2024No Comments2 Mins Read
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The British High Commissioner to Nigeria, Mr. Richard Montgomery, has announced plans to establish a $5 million battery recycling plant in Ogun State.

This initiative, the first of its kind in Africa, will position Ogun as a leader in battery recycling on the continent.

Montgomery made this known during a courtesy visit to Governor Dapo Abiodun at his office in Oke-Mosan, Abeokuta, on Wednesday. He explained that the facility, which is relocating from Lagos to Ogun, will focus on recycling electronic waste and turning battery cells back into chemical form for reuse. The plant will export the black mass from batteries, which contains valuable minerals, to produce new batteries.





Montgomery highlighted the significance of the project, noting that it would bring new technology and jobs to the state. “It’s exciting that we’ve received support from Ogun Invest, and the Bureau of Lands has confirmed the Certificate of Occupation. The investment is estimated at $5 million, and we hope to grow this industry in Ogun State,” he stated.

He also expressed the UK’s interest in investing in other sectors, including energy, technology, education, agricultural processing, and mass transit, with technical assistance available for Ogun’s transportation system.

In response, Governor Abiodun welcomed the initiative and emphasised his administration’s efforts to attract investments through infrastructure development, including road networks and the creation of a cargo airport. He highlighted that Ogun State has simplified land acquisition and reduced bureaucratic hurdles to foster a business-friendly environment.

“Ogun State is open for business. We have worked hard to grow our economy and make the state an attractive destination for investors. I want to thank the British High Commissioner for the ongoing support from the British Foreign Office,” Abiodun said.

#Dapo Abiodun #ogun sate
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