No fewer than 2,500 Nigerians are expected to gain employment when a lithium battery processing factory established by Chinese firm, Ganfeng Lithium Industry Limited, kicks off in Nasarawa State.
Minister of Solid Minerals, Dele Alake said this in a statement after the foundation laying ceremony for the factory in Lado village, Udede Development Area, Nasarawa local government, Nasarawa State on Thursday.
“I acknowledge the significance of this foundation stone laying ceremony for the 16,000-ton lithium battery processing facility because it aligns with the cardinal policy of the administration led by President Bola Ahmed Tinubu to create wealth and employment opportunities for our young population through value addition in our extractive industry.
“Under my supervision, I will prioritize value addition as a government policy for the mining sector.
“I urge all stakeholders and potential investors to embrace this approach, as it will boost the economy and generate foreign exchange.
“Rest assured, this administration will provide all the necessary support to make this factory a reality. It is without a doubt, a marketable and profitable venture.
“Furthermore, I emphatically urge the community to foster a harmonious relationship with the company.
“This will result in mutual benefits for the community, the state, and the entire country. Constructive industrial development can only thrive in an atmosphere of peace.
“Once the company is fully operational, it will provide employment for 2,500 locals and offer opportunities for capacity building.
“I also commend the courage and enterprise of the Executive Governor of Nasarawa State, Engr. Abdullahi Sule, for the actualization of this groundbreaking ceremony,” Alake said in a statement.