By Chesa Chesa
President Bola Tinubu’s Special Presidential Envoy on Climate Action, Ajuri Ngelale says investors interest in contributing beneficially to Nigeria’s aggressive move toward value chain localization in renewable energy technology manufacturing is rising globally.
In an update on his latest engagements, Ngelale said such interest was evident once more on Thursday as he hosted the Chairman of Blackstone New Energy, Mr. Chen Qiang.
The firm recently opened a 1mtpa capacity Lithium refining plant in Nasarawa State and now seeks to build a facility with tripled capacity in the new Evergreen City.
The implications are “jobs, tax revenues, and inclusive economic growth for Nigerian youths”, said Ngelale as he stressed that “this is the President’s vision”.
“Later on Thursday evening, I hosted a virtual call with the Chief Executive Officer of the G-7’s Climate Investment Funds (CIF), Mrs. Tariye Gbadegesin, which oversees assets and pledges of $11 billion and is focused on climate investments in emerging markets.
“We held an elaborate discussion on Nigeria’s present and future collaboration with the Fund as we embark on our green industrialization drive”, Ngelale, who doubles as Tinubu’s media adviser, disclosed in a message made available to journalists in Abuja.
