Chinese renewable energy manufacturing firm, Sinoma, has expressed interest in siting its subsidiary in the proposed Evergreen City in Nigeria.
Special Presidential Envoy on Climate Action (SPEC) and Presidential Spokesperson, Ajuri Ngelale, disclosed this in a note made available to newsmen on Monday evening.
Ngelale said “After a long journey to Beijing from Accra over the weekend, Nigeria’s endeavour to achieve value chain localisation in renewable energy technology manufacturing took a significant step forward as I was hosted by the Chairman of Sinoma International Engineering Company, Mr. Yin Zhisong, to a dinner in the Chinese capital.
“A leading subsidiary of the CNBM Group, which boasts $85 billion in assets under management, 200,000 employees, 11,000 patents, and 26 R&D Institutes, Sinoma expressed strong interest in siting its formidable renewable energy technology manufacturing industry in Evergreen City as a strong demonstration of their belief in President Bola Tinubu’s green industrial vision. It was a productive and memorable introductory session.
“Following the hours-long evening reception, I joined a very important (1:00am Beijing time/1:00pm D.C. time) virtual discussion with a combined technical team from the U.S. Department of Energy and the U.S. State Department with respect to a follow-up on Nigeria’s development of a circular economy and the new programmatic, project-driven, private sector-led, and public sector-enabled initiative to co-create industrial clusters and consumer credit-tied financing packages to unlock Nigeria’s envisioned $1 trillion GDP in an inclusive fashion that creates opportunity for all Nigerians.”
Deji Elumoye
Editor’s Note: This story has been amended to reflect the fact that Sinoma only expressed interest rather than making a commitment as earlier indicated.
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I just read plenty of flowery English, painting a sugar candy economic mountain for Nigeria (apologies to George Orwell's "Animal Farm") after dinners and suppers in far flung Chinese industrial capital. However we know the realities on ground - very much different from these glowing stories. How do you ask an impoverished hungry population, that has no middle class, and is ensnared in a low and stagnant household incomes trough, to begin to embrace a consumer credit economy? All the glowing tribute to drafting a Chinese renewable energy technology manufacturing firm to Nigeria says nothing about Nigeria developing a home grown self reliant renewable energy technology, as the Chinese have done for themselves. Must we as Nigerians continue to remain forever dependent and never strive for self reliance? Who really cares about all these diplomatic dinners and lunches that add nothing to ameliorating the despondency, hunger and disillusionment that the average Nigerian currently feels? How do you realise an "industrial green vision" in the current highly insecure environment of Nigeria? It would have made more sense to say that Nigeria is about to imitate China and for starters close itself up to the world and commence a process of economic, scientific, technological and shared values metamorphosis over the next one or two decades, and like China emerge a true giant to be reckoned with across the global space. Mr Ngelale's travel tales, in the face of the realities on ground in Nigeria, are to say the least - simply inane.