The British High Commissioner in Nigeria, Mr. Richard Montgomery, has announced plans to establish a five-million-dollar British battery recycling company in Ogun State.
This initiative, disclosed on September 18, 2024, during a courtesy visit to Governor Dapo Abiodun in Abeokuta, marks a pivotal milestone as it will be the first of its kind in Africa. Montgomery emphasized that this development would position Ogun as a leader in battery recycling across the continent.
Montgomery stated, "My brief visit to this state is about the deal put together for recycling, which is moving out of Lagos State and establishing a new plant here for recycling e-waste." He further explained that the collaboration with Ogun Invest and the Bureau of Lands is crucial to ensuring the project's success.
The plant will not only bring new technology and job opportunities to Ogun but also enable the recycling of battery cells back into chemical form, allowing the export of the black mass containing valuable minerals for new battery production.
Governor Abiodun expressed his gratitude for the support from the British Foreign Office and highlighted the state's efforts to create an attractive environment for investors.
He noted, "We are open for business. Our administration has made the environment attractive. We have reduced bureaucratic bottlenecks to the barest minimum. We have made land acquisition seamless for investors. We have grown our economy."
In addition to the battery recycling plant, the UK has shown interest in expanding investments in other sectors such as energy, technology, agriculture, and education. The British International Investment has already invested in a major cashew processing and export company in Ogun, and there are ongoing discussions to provide technical assistance for the state's mass transit system.
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