The National Agency for Science and Engineering Infrastructure (NASENI) is calling on international investors to collaborate with it in local production and domestication of Lithium batteries and other renewable energy solutions.
The Executive Vice Chairman/CEO of the agency, Dr. Bashir Gwandu, who made the call on Monday, 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.
Gwandu, who disclosed this while receiving a business delegation from LEMI Technology Shenzhen, China at the agency’s headquarters, said that “NASENI was already doing a lot in the area of Solar Panel Production”.
He expressed optimism that the agency would attract solar cell manufacturing companies to improve synergy with its existing work on solar panel assembly following the meetings it had with other companies from around the world with a view to seeking partnership on local production of lithium-based end-products in Nigeria.
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, the agency is also in discussion with various stakeholders on promotion of the installation of electric vehicle charging stations on major roads across the country.
He said: “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.”
The NASENI EVC hoped that this call would encourage 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.
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.
Speaking on the purpose of the visit, the Chief Executive Officer of LEMI Technology, Mr. Xie Feng expressed his company’s willingness to partner NASENI through a Memorandum of Underatnding (MoU) on renewable energy with particular reference to products like solar and television panels, inverters and battery production.
He said Nigeria and China had existing bi-lateral relations spanning many years and that Nigeria’s growing population remained potentially critical for investment opportunities.
Feng recalled that LEMI Technology had been operating in the Nigerian market since 2018 and had provided job opportunities marketed 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 off-takers 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.
Photo Caption
Dr. Bashir Gwandu, Executive Vice Chairman/CEO of National Agency for Science and Engineering Infrastructure (left) presenting a sourvenir to Ms. Joyce Chen, Founder, LEMI Technology Company China when she led a team of the company to the agency’s headquarters on Monday in Abuja
