News
China to establish electric vehicle factories in Nigeria
The ambassador noted that the embassy and the Chinese government have always admonished Chinese companies operating in Nigeria to abide by rules and regulations, implement Corporate Social Responsibility (CSR) and adhere to environmental and safety standards,
The Chinese Ambassador to Nigeria has harped on the imperative of enhanced collaboration between China and Nigeria in unlocking the potential of Nigeria’s Solid Minerals sector through the establishment of electric vehicle factories in Nigeria.
Speaking while paying a courtesy visit to the Minister of Solid Minerals Development, Dele Alake in his office at the weekend, Yu Dunhai emphasised that Nigeria is a great country blessed with tremendous natural resources, noting that China has always placed Nigeria in a very pivotal position of her foreign policy.
Recalling the recent high-level engagement between Presidents Bola Tinubu and Xi Jinping during Tinubu’s state visit to China, Mr Dunhai noted that both leaders agreed to elevate bilateral relations to a comprehensive strategic partnership, creating new opportunities for cooperation.
“Chinese companies are already deeply involved in Nigeria’s mining sector, from exploration to processing. We aim to deepen this collaboration, especially in line with President Tinubu’s eight priority areas, notably economic diversification through solid minerals,” he added.
The ambassador noted that the embassy and the Chinese government have always admonished Chinese companies operating in Nigeria to abide by rules and regulations, implement Corporate Social Responsibility (CSR) and adhere to environmental and safety standards, stressing that the Chinese authorities have zero tolerance for illegal mining, signifying their readiness to work with the Nigerian government to bring suspected culprits to justice.
In his response, Mr Alake stated that Nigeria appreciates its long-standing relations with China, acknowledging that most Chinese firms operate within legal and regulatory frameworks. However, he expressed concern over the actions of a few operators tarnishing China’s image, referencing a recent viral video involving a Chinese national allegedly bribing local security agents.
“We’ve taken action against illegal operators, including some Chinese nationals. While isolated, such incidents undermine the good work of many compliant Chinese firms. We need your cooperation in ensuring that such culprits are brought to justice,” the minister asserted.
The minister also highlighted the impact of the Mining Marshals established to combat illegal mining affirming that the outfit has sent the right signal in the sector, raised awareness about the menace and has consequently improved compliance to regulations by both local and foreign operators.
He reiterated that Nigeria is open for business to serious investors, stressing that investments in the nation’s mining industry are now focused on local value addition.
“For years, our minerals have been exported raw to fuel foreign industrialization. That must change. We now prioritize local processing to drive Nigeria’s development. For instance, with the abundance of lithium, we want to see local manufacturing of electric vehicles and batteries,” he said.
Mr Alake urged Mr Dunhai to encourage Chinese investors to commit to full-cycle investments—from extraction to processing—within Nigeria. He pointed out Nigeria’s large market and the potential to reduce reliance on fossil fuels through electric vehicle production.
Responding, Mr Dunhai expressed support for Nigeria’s local value-addition policy, pointing out that one of President Xi Jinping’s key priorities is promoting African industrialisation. He revealed that plans are underway to establish electric vehicle factories and other manufacturing ventures in Nigeria.
*Segun Tomori* , FSCA
Special Assistant on Media
to the Honourable Minister of Solid Minerals Development.
18th May, 2025.
Business
Boris Johnson Says He Feels “Perfectly Safe” in Nigeria, Praises Imo State’s Progress
Former British Prime Minister Boris Johnson has expressed confidence in Nigeria’s security, saying he feels perfectly safe during his visit to the country. His remarks come amid ongoing reports of insecurity in various parts of Nigeria, making his statement a notable endorsement of the nation’s stability in certain regions.
Johnson made the declaration on Thursday, December 4, 2025, while addressing participants at the Imo State Economic Summit 2025 in Owerri, the state capital. He acknowledged having read travel advisories and news reports highlighting security concerns prior to his trip but said his experience has been reassuring.
He said he feels perfectly safe in the country and emphasized that the summit environment and local hospitality contributed to his sense of security. He also asked the audience if they felt safe, receiving an enthusiastic affirmation.
During his visit, Johnson commended Governor Hope Uzodimma and the Imo State Government for their development initiatives, particularly efforts to provide 24-hour electricity. He highlighted the potential of Nigeria as a hub for innovation and economic growth, noting the opportunities presented by emerging technologies such as artificial intelligence.
While his statements have been welcomed by some as a boost to international confidence in Nigeria, analysts caution that the former prime minister’s experience reflects only a controlled and secure environment within Imo State. Several parts of the country continue to face challenges, including banditry, communal conflicts, and kidnappings.
Nonetheless, Johnson’s visit and remarks are significant, sending a positive message to investors and global observers about Nigeria’s potential for stability and progress. They also underscore the contrast between localized experiences of safety and broader security challenges across the country.
Business
Dangote to Uzodimma: Just show me where to invest
By Emmanuel Iheaka, OWERRI
The President of Dangote Group, Aliko Dangote has assured Governor Hope Uzodimma of Imo State that his group will be one of the biggest investors in the state.
Dangote gave the assurance at the opening session of the Imo Economic Summit 2025 in Owerri on Thursday.
The renowned Africa’s industrialist urged Uzodimma to indicate his preferred area of investment and forget the rest.
Dangote described the Imo governor as a personal friend of decades and commended him for providing enabling environment for investment.
“We will be one of your biggest investors in Imo. So, please tell me the area to invest and we will invest”, Dangote declared.
He called on entrepreneurs to always invest at home, adding that foreigners cannot drive the economy of any nation more than the nationals.
“What attracts foreign investors is a domestic investor. Africa has about 30 percent of the world’s minerals. We are blessed,” he submitted.
Dangote reiterated that his refinery was set to launch 1.4 million barrels per day capacity, the highest for any single refinery in the world.
News
Judge rejects Nnamdi Kanu’s brother court appearance
Justice James Omotosho of the Federal High Court in Abuja on Thursday declined to accept Prince Emmanuel Kanu’s appearance on behalf of his brother, Nnamdi Kanu, ruling that he is not a legal practitioner.
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