Ogun Govt, UK Firm Announce $5 Million Battery Plant Investment

A British firm has revealed plans to develop a $5 million battery recycling factory in Ogun State, according to the government.

Following a visit to the state capital of Abeokuta by British High Commissioner Richard Montgomery, Governor Dapo Abiodun revealed this in a statement on Wednesday.

Abiodun said that during their discussion, the British High Commissioner acknowledged the new development and said that the UK is interested in increasing investments in a variety of areas, including agriculture, health, and education.

He claims that the battery facility will export the materials needed to produce new batteries, recycle e-waste, and reprocess battery cells into their chemical form.

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“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.

“This initiative, in collaboration with Ogun Invest and the Bureau of Lands, will bring cutting-edge technology and new job opportunities to our state, positioning Ogun as a leader in battery recycling across Africa.

“The plant will recycle e-waste, converting battery cells back into chemical form and exporting the minerals for new battery production,” Abiodun said.