Ogun State Governor, Dapo Abiodun, has announced a significant $5 million investment by a UK-based company to establish a battery manufacturing plant in the state.
This initiative is part of the governor’s ongoing efforts to attract foreign investment and enhance Ogun’s industrial landscape. The battery plant will specialize in the production of advanced lithium-ion batteries, which are critical for the growing demand in renewable energy storage and electric vehicles (EVs).
The project is expected to have a transformative impact on the local economy, creating numerous job opportunities and fostering skills development in cutting-edge technology fields. With the global shift toward sustainable energy solutions, this investment positions Ogun State as a key player in the renewable energy sector in Nigeria and across Africa.
Governor Abiodun emphasized that the plant will contribute to Ogun’s long-term economic strategy, which focuses on industrialization, technology, and sustainable development. The UK company’s investment marks a significant step in deepening ties between Ogun State and international businesses, paving the way for future partnerships in innovative sectors.
