China to establish electric vehicle factories in Nigeria
Image Credit: thesun- The Chinese Ambassador to Nigeria, HE Yu Dunhai, emphasized enhancing collaboration in Nigeria’s solid minerals sector with plans to establish electric vehicle factories.
- The initiative aligns with Nigeria’s economic diversification goals and recent strategic partnership agreements between Presidents Bola Tinubu and Xi Jinping.
- Concerns about illegal mining involving some Chinese nationals were addressed, with calls for adherence to regulations and corporate social responsibility.
- Nigeria prioritizes local value addition, aiming to process minerals like lithium domestically to drive electric vehicle manufacturing and reduce reliance on fossil fuels.
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