Zamfara plans N200bn investment in lithium battery industry

Governor Dauda Lawal announced that Zamfara State will invest N200 billion to develop the lithium battery sector and join the global value chain.

The state government aims to position Zamfara as a key participant in worldwide lithium battery production.

Governor Lawal made the statement while outlining efforts to expand the local energy industry.

The planned investment forms part of broader initiatives to boost economic activity in the region.

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President Tinubu commissions 60MW power plant in Bayelsa, addressing economic challenges amid cheering crowd.
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Tinubu commissions 60MW power plant in Bayelsa, addresses fuel price pains

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President Bola Tinubu inaugurated a 60-megawatt gas-fired power plant in Elebele, Ogbia Local Government Area of Bayelsa State, and assured Nigerians of efforts to ease economic hardships amid high fuel prices. He compared Nigeria's situation favorably to Kenya and other African countries during a civic reception in Yenagoa.

Prospect Lithium Zimbabwe exported the first lithium sulphate produced on the continent from its Arcadia mine near Harare last month. The shipment follows a government ban on raw mineral exports introduced in February.

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The Federal Government has commissioned an Automotive Training Centre in Gusau, Zamfara State, and trained 100 youths in mechatronics.

The United States has identified substantial lithium reserves in the Appalachian region, potentially holding up to 2.3 million metric tons of lithium oxide. These deposits could supply billions of phones and lessen American dependence on China for the critical mineral. The findings were detailed in estimates reported by TechRadar.

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President Bola Ahmed Tinubu says his administration is advancing efforts to deliver affordable housing under the Renewed Hope Agenda. He highlighted ongoing construction and new financing initiatives across multiple states.

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