• Latest
  • Trending
  • All
Federal Government Approves Chinese Electric Vehicle Factory Plans

Federal Government Approves Chinese Electric Vehicle Factory Plans

May 19, 2025
Kwara reacts to bandit attack, mourns five slain forest guards

Kwara reacts to bandit attack, mourns five slain forest guards

April 11, 2026
ISWAP Fighters Attack Gaidam, Market Set Ablaze as Troops Engage Insurgents

Kidnappers slash ransom for Kwara worshippers from ₦1bn to ₦150m

April 11, 2026
Kwara: Female student abandons newborn after delivery in hospital

Kwara youths protest prolonged captivity of 176 abducted women and children

April 11, 2026
Bandits Demand ₦10 Million, AK-47 and Motorcycles from Zamfara Village to Allow Residents Stay

Police repel bandit attacks in Zamfara, five injured

April 11, 2026
Navy Detains Personnel After Clash with Soldiers During Tinubu’s Bayelsa Visit

Navy Detains Personnel After Clash with Soldiers During Tinubu’s Bayelsa Visit

April 11, 2026
Boko Haram Releases Video of 416 Abducted Victims in Borno, Claims They Are Safe

Boko Haram Releases Video of 416 Abducted Victims in Borno, Claims They Are Safe

April 10, 2026
Kebbi Attack: 24 Killed as Church, Mosque Destroyed

Kebbi Attack: 24 Killed as Church, Mosque Destroyed

April 10, 2026
Tinubu Vows to Defeat Terrorists After Maiduguri Explosions

Tinubu Mourns Soldiers Killed in Borno Attack, Calls Them Unforgettable Heroes

April 10, 2026
I Use Juju to Succeed in My Fuji Career – Saheed Osupa

I Use Juju to Succeed in My Fuji Career – Saheed Osupa

April 10, 2026
Man Kills Two, Injures Three in Ogun Over Failed Business Deal

Man Kills Two, Injures Three in Ogun Over Failed Business Deal

April 9, 2026
Police Arrest Fake Preacher, Six Others in Akwa Ibom Church Raid

Police Arrest Fake Preacher, Six Others in Akwa Ibom Church Raid

April 9, 2026
FG Raises Alarm Over Potential Flooding Across 10 States

FG Raises Alarm Over Potential Flooding Across 10 States

April 9, 2026
Monday, April 13, 2026
DriveTv News
  • METRO
  • LATEST
  • NEWS
  • POLITICS
  • ENTERTAINMENT
  • BUSINESS
  • DRIVETV YORUBA
  • SPORTS
No Result
View All Result
DriveTv News
No Result
View All Result
Home BUSINESS

Federal Government Approves Chinese Electric Vehicle Factory Plans

by admin
May 19, 2025
in BUSINESS, LATEST, NEWS
0 0
0
Federal Government Approves Chinese Electric Vehicle Factory Plans
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

China and Nigeria are strengthening bilateral ties as China moves to set up electric vehicle (EV) manufacturing plants in Nigeria, a step aimed at harnessing Nigeria’s solid mineral wealth for industrial development.

This development came during a courtesy visit by the Chinese Ambassador to Nigeria, Yu Dunhai, to Dr. Dele Alake, Nigeria’s Minister of Solid Minerals Development. Ambassador Dunhai emphasized China’s commitment to deepening industrial cooperation, especially in the mining and EV sectors.

According to a statement released by Segun Tomori, the Minister’s Special Assistant on Media, discussions during the meeting centered on promoting full-cycle mineral processing in Nigeria—shifting away from raw exports to local manufacturing.

Dunhai described Nigeria as a nation rich in natural resources and strategically important to China’s foreign policy. He also referenced the recent high-level talks between Presidents Bola Tinubu and Xi Jinping, during which both leaders agreed to elevate their relationship to a strategic partnership.

Minister Alake highlighted the government’s focus on attracting serious investors who will process minerals locally. He pointed out Nigeria’s vast lithium reserves and reiterated the nation’s ambition to become a hub for EV and battery production.

“For years, we exported raw minerals. That model must change. Local value addition is now our top priority,” said Alake.

Ambassador Dunhai affirmed China’s alignment with Nigeria’s industrial goals, noting that Chinese companies are already active in Nigeria’s mining industry and that plans for EV factories are already in motion. He added that the Chinese government urges its firms to comply with Nigerian regulations, prioritize environmental safety, and embrace corporate social responsibility.

He also acknowledged the issue of illegal mining, stating that China maintains zero tolerance for such practices and is prepared to work closely with Nigerian authorities to prosecute offenders.

Minister Alake appreciated the long-standing relationship between the two nations but voiced concerns about isolated incidents involving non-compliant Chinese operators. Referring to a viral video of a Chinese national allegedly bribing security personnel, he said such actions undermine the credibility of compliant investors.

The minister pointed to the positive impact of the Mining Marshals, a special task force fighting illegal mining, which has significantly improved compliance and awareness in the sector.

Tags: Bilateral RelationsChinaDele AlakeDrivetvnewsElectric VehiclesEV FactoriesFGIllegal MiningIndustrializationinvestmentLithiumManufacturingMiningNigeriaSolid MineralsYu Dunhai
ShareTweetPin
admin

admin

LATEST

Kwara reacts to bandit attack, mourns five slain forest guards

April 11, 2026
LATEST

Kidnappers slash ransom for Kwara worshippers from ₦1bn to ₦150m

April 11, 2026
LATEST

Kwara youths protest prolonged captivity of 176 abducted women and children

April 11, 2026
LATEST

Police repel bandit attacks in Zamfara, five injured

April 11, 2026

Categories

  • BUSINESS
  • ENTERTAINMENT
  • LATEST
  • METRO
  • NEWS
  • POLITICS
  • Uncategorized

Recent Comments

    About Us

    Welcome to DriveTv News, your No.1 news vehicle that drives you around with the latest and most comprehensive news and updates from across Nigeria. Our platform is dedicated to delivering timely, accurate, and unbiased news, covering a wide range of topics, including politics, business, entertainment, sports, technology, and more.

    Newsletter

    • Home
    • About Us
    • Contact Us
    • Privacy Policy

    Copyright © 2023. DriveTv News. All

    No Result
    View All Result
    • METRO
    • LATEST
    • NEWS
    • POLITICS
    • ENTERTAINMENT
    • BUSINESS
    • DRIVETV YORUBA
    • SPORTS

    Copyright © 2023. DriveTv News. All

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In