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NASENI Calls on Lithium Batteries Producers to Set Up Plant in Nigeria

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National Agency for Science and Engineering Infrastructure (NASENI) has called on investors to collaborate with the Agency in local production and domestication of Lithium batteries among other renewable energy solutions.


Dr. Bashir Gwandu, Executive Vice Chairman/CEO of National Agency for Science and Engineering Infrastructure (NASENI), presenting a sourvenir to Ms. Joyce Chen, Founder, LEMI Technology, China during a business delegation by visit by the company to the Agency’s headquarters in Abuja on Monday July 17, 2023.

Dr, Bashir Gwandu, Executive Vice Chairman/CEO of NASENI speaking on Monday in Abuja said the Agency was ready to partner with international companies that are willing to set up their industries in Nigeria and start local production of renewable energy solutions, electric vehicles parts and other capital goods that could create jobs and reduce Nigeria dependence on foreign goods that exert pressure on our foreign exchange for the country.

Dr Gwandu who disclosed this while receiving a business delegation from LEMI Technology Shenzhen, China at NASENI headquarters said that “NASENI is already doing a lot in the area of Solar Panel Production”.

He says very soon NASENI will attract solar cell manufacturing to improve synergy with its existing work on solar panel assembly. He said the Agency has held meetings with other companies from around the world with a view to seeking partnership on local production of lithium-based end-products in Nigeria as against the normal practice of foreign companies exporting the raw materials outside the country for processing.

According to him, taking some of the visions of NASENI forward, which is domestication of technologies, capital goods production and commercialization in Nigeria, NASENI would help bridge the technological gaps between Nigeria and other countries, help stop importation of these technologies and encourage local production.

He also said NASENI will be working with the National Automotive Design and Development Council (NADDC) to encourage development and production of electric vehicles and even conversion of existing vehicles to electric-vehicles as against producing from scratch. In that same regard, NASENI is also in discussion with various stakeholders on promotion of the installation of electric vehicle charging stations on major roads across the country.

“So, we are inviting friends of Nigeria to come here and establish here. We are encouraging those who can come and produce locally. We will give them support and ensure that the investment environment is encouraging,” he said.

The NASENI EVC hoped that this call is an opportunity to partners who want to produce in Nigeria to do so. The Federal Government, he disclosed, “would welcome any company who gets to us first”, adding that on the production of Lithium batteries, the Agency was ready to go into partnership with companies that are willing to establish their factories in Nigeria.

Dr. Gwandu suggested that NASENI and LEMI Technology should work out the areas of possible collaborations in the production of the lithium battery and ensure that all the safety and environment regulations are followed.

While emphasizing NASENI’s priority area to be the production of lithium battery and inverters, Dr Gwandu expressed delight in working out a memorandum of Understanding (MoU) with LEMI Technology with a view to ensuring safest means of producing the lithium-based batteries, taking into cognizance Nigeria environmental peculiarities.

The founder of LEMI Technology, Ms. Joyce Chen in her speech said the company is ready to partner with NASENI and invest in the country, promising that they look forward to a rewarding relationship with NASENI and the Nigerian government. Other members of the delegation include the Chief Investment Officer, Mr. Rocky Hu; Chief Financial Officer, Ms. Biju Yao; Oversea Business Director, Ms. Monica Liang and Engineer Mr. Lucia Peng.

Giving details of the visit, the Chief Executive Officer of LEMI Technology Mr. Xie Feng expressed his company’s willingness to partner with NASENI through MoU on renewable energy with particular reference to products like solar and television panels, inverters and battery production.

He said Nigeria and China have a brotherhood that spans many years, adding that Nigeria with its teeming population, it is critical for investment opportunities. Mr. Feng added that LEMI Technology has been operating in the Nigerian market since 2018 and had provided job opportunities to Nigerians and have sold renewable energy products to over 200,000 Nigerian households.

NASENI is the Nigerian only purpose-built Agency with specific mandate in the area of capital goods research, production, and reverse engineering in the following broad areas: Engineering Materials, Industrial and Analytical Chemical Materials, Scientific Equipment and components, Engineering Equipment, Engineering Designs and Standardization, and Power Equipment.

On resumption of duty, one of the projects embarked upon by the EVC of NASENI amongst many others was to summon some of the key exporters of Lithium from within Nigeria and advised them to start thinking of inviting their offtakers in different parts of the world who manufacture lithium batteries to start planning to come and invest in the end-product production in Nigeria.

He encouraged them to take advantage of the discussion and harness the first mover-advantage because those who come to invest will be assisted by NASENI through promotion of government policy to limit export of all types of lithium except what Nigeria cannot process to an end-product.

He emphasized that Nigeria cannot continue to export raw lithium if other countries such as Zimbabwe have gone to the extent of lithium processing. He stated that Nigeria should be at the fore-front of battery production since it has all the relevant raw materials including Phosphate.

He stated that in any area where NASENI can attract manufacturers be it in renewables or other areas such as aerospace industries, any company that can come to Nigeria and process the raw elements into end-product will be supported by NASENI. Companies invited for earlier discussion on the Lithium included suppliers to CATL and LEMI of China.

Today the EVC received the first delegation from LEMI of China to start conversation on the local production of various types of lithium batteries and other products in the photovoltaics value chain.

 


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Ugo Onwuaso is an ICT enthusiast. He believes technology should be used for general good. He holds a Master of Public Administration (MPA) degree from the Lagos state University. Dear Reader, Your support matters. But we believe that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. That is why, we have devoted our energy to independent reportage of technology and finance and how they affect lives. Our incisive and analytical view of how technology news affects the daily life help individuals and organizations make up their minds. Quality journalism costs money. Today, we're asking that you support us to do more. Kindly support our effort to deliver technology and finance journalism to everyone in the world. Donate as little as N1,000. Bank transfers can be made to: UBA Plc 1017156876 Communication Week Media Ltd

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Legit.ng, Shade of Life Foundation Partner to Advance Autism Awareness in Nigeria

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Legit.ng recently joined forces with the Shade of Life Foundation to become a voice of autism, and drive advocacy for improved media support during Autism Awareness Month.

Legit.ng, Shade of Life Foundation Partner to Advance Autism Awareness in Nigeria

Participants at the event

Conversations around media support exploration was led by Joseph Omotayo, head of Department for Human Interest Stories at Legit.ng, and Dr. Eziafakaku Nwokolo, founder and CEO of the Shade of Life Foundation,

This partnership is a response to the concerns raised by organizations like the Shade of Life Foundation about the level of support received from the media in discussing autism as a disability.

While other disabilities may receive attention, autism, with its critical developmental implications often lacks adequate representation in mainstream media.

Recognizing the importance of addressing these concerns, Legit.ng took proactive steps by integrating itself into the essence of autism awareness.

It facilitated a one-hour workshop with Dr. Nwokolo, the founder of the foundation, to deepen our understanding of autism, its various spectrums, and the language boundaries associated with it.

Other steps we took in advocating autism awareness in the media, can be seen in our attached press release.

Legit.ng believes that by amplifying the voices of autism and advocating for better media representation, we can contribute to creating a more inclusive and accepting society for all.

 

 

 

 

 

 

 

 

 


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As Nigeria Struggle, Tanzania Turns off Power Plants Due to Excess Supply

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While 85 per cent of Nigeria is in darkness, Tanzania, an African country has shut down five hydroelectric stations in a bid to reduce excess electricity in the national grid.

As Nigeria Struggle, Tanzania Turns off Power Plants Due to Excess Supply

Kassim Majaliwa, prime minister, Tanzania, has said the main plant, Mwalimu Nyerere Hydroelectric Station, alone generated enough electricity to power major cities, including Dar es Salaam, the country’s commercial hub.

It is the first time Tanzania, which suffers chronic power shortages, has closed hydroelectric stations due to excess production.

“We have turned off all these stations because the demand is low and the electricity production is too much, we have no allocation now,” an official from state-run power company, Tanesco, said.

The 2,115MW Julius Nyerere Hydropower Dam is said to be almost filled with water following heavy rains that started early this year.

Meanwhile, while the country has an installed capacity of 1,938MW and the grid installed capacity of 1,899MW, Nigeria which has an installed capacity of 13,000MW is struggling to electrify 85 per cent of its electricity consumers.


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President Tinubu Appoints Jim Ovia as Student Loan Fund Chairman

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President Bola Tinubu has approved the appointment of Jim Ovia, renowned banker and businessman, as the Chairman, Board of the Nigerian Education Loan Fund.

Jim Ovia

Jim Ovia

Ovia’s appointment is contained in a State House statement titled, ‘President Tinubu appoints Jim Ovia as Chairman of the Nigerian Education Loan Fund,’ and issued on Friday by Ajuri Ngelale, special adviser to the President, Media & Publicity.

The statement noted that “Ovia is the founder of one of Nigeria’s leading banks and a respected business leader, with a surfeit of efforts and benefaction towards nurturing and empowering young Nigerians.

“He is an alumnus of Harvard Business School and holds a Master’s in Business Administration from the University of Louisiana.”

The National Student Loan Programme is a pivotal intervention that seeks to guarantee sustainable higher education and functional skill development for all Nigerian students and youths.

The Nigerian Education Loan Fund, the implementing institution of this innovation, demands excellence and Nigerians of the finest professional ilk to guide and manage.

“The President believes Mr. Ovia will bring his immense wealth of experience and professional stature to this role to advance the all-important vision of ensuring that no Nigerian student suffers a capricious end to their pursuit of higher education over a lack of funds,” the statement partly read.

Ovia’s appointment will also ensure “that Nigerian youths, irrespective of who they are, have access to higher education and skills that will make them productive members of society and core contributors to the knowledge-based global economy of this century.”


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