Governor Abiodun Welcomes $5 Million British Battery Recycling Facility, Says Ogun is Open to Investors
As part of the industrialization moves of Ogun State, Prince Dapo Abiodun has opened up talks for the establishment of a British battery recycling company worth $5 million in investment, to the state
By: Abdulwasiu Akintunde
A British battery recycling company, with a $5 million investment, is set to be established in Ogun State.
OPEN TELEVISION NAIJA (OTN) News, gathered that the British High Commissioner to Nigeria, Richard Montgomery, shared the news during a visit to Governor Dapo Abiodun at the Governor's office in Abeokuta.
Montgomery highlighted that once operational, the facility will be the first of its kind in Africa, marking a significant step in e-waste recycling and battery production on the continent.
He explained that the company is relocating from Lagos to Ogun, where it will introduce advanced technology and create jobs.
“This will be Africa's leading battery recycling plant, We will be able to recycle batteries into their chemical components and export the valuable materials inside for new battery production. Ogun State will become a leader in this industry," said, Montgomery
Montgomery praised the collaboration between the British Government, Ogun State Investment, and the Lands Bureau, noting that the investment will bring economic growth and innovation to the region.
The High Commissioner also revealed that the UK is keen to invest further in Ogun State, particularly in energy, technology, education, and agricultural processing.
He added that British International Investment had already invested in cashew processing and export within the State and that the UK Government is willing to support the development of Ogun’s mass transit system.
In his response, Governor Abiodun welcomed the investment and highlighted Ogun's potential as a hub for industry and agriculture.
He pointed out the State’s rich resources, such as limestone and gas pipelines, and its infrastructure development, including road networks and industrial parks, as key factors that attract investors.
As revealed by OTN News, Governor Abiodun emphasized Ogun's achievements in agriculture, education, and health, and noted the Government’s ongoing efforts to streamline land acquisition and improve the business environment.
“We have made Ogun State investor-friendly by cutting red tape and ensuring seamless land acquisition for businesses. Our goal is to create an environment where industries can thrive and contribute to economic growth,” Abiodun said.
The Governor also expressed appreciation for the strong ties between Nigeria and the UK, noting that the State's staff has benefited from British expertise, particularly in transportation management.
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