The Ogun State Government has announced the establishment of a $5 million battery recycling plant by a British company.
Governor Dapo Abiodun disclosed this in a statement on Wednesday, following a visit from the British High Commissioner, Richard Montgomery, to the state capital, Abeokuta.
Abiodun stated that the British High Commissioner confirmed the new development during their meeting, adding that the UK is also interested in expanding investments in sectors such as health, education, agriculture, and others.
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According to him, the battery plant will recycle e-waste, convert battery cells back into chemical form, and export the minerals for new battery production.
“We are pleased to announce the establishment of a $5 million British battery recycling company in @OGSG_Official, marking the first of its kind in Africa. This development was confirmed by the @UKinNigeria High Commissioner, Mr. Richard Montgomery, during a visit to my office at Oke-Mosan, Abeokuta.