AFRICA

World Class Investors Interested In Nigeria’s Evergreen City, Says Ngelale

Presidential Envoy on Climate Action and Media Adviser to the President, Ajuri Ngelale on Thursday evening disclosed that some prominent world class investors have indicated interest in the nation’s proposed Green City project.

Ngelale in an update on his activities on Thursday said the “Investor interest in contributing beneficially to Nigeria’s aggressive move toward value chain localization in renewable energy technology manufacturing is rising globally, which was evident once more on Thursday as I hosted the Chairman of Blackstone New Energy, Mr. Chen Qiang, who 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. 

“Jobs, tax revenues, and inclusive economic growth for Nigerian youths. 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.”

Deji Elumoye

Follow us on:

AriseNews

Recent Posts

NPF Steps Up Efforts to Tackle Kidnapping with Successful Hostage Rescue Operations

The NPF has reaffirmed commitment to internal security and intensified efforts to curb kidnapping and…

7 seconds ago

President Tinubu Extends Sympathy To Military After Deadly Attack On Army Base In Borno State

President Tinubu has honoured fallen Borno soldiers, commended military's swift retaliation, and has urged intensified…

29 minutes ago

Joby Aviation’s JoeBen Bevirt Takes Steps Toward Realising Dream of Electric Flying Taxis

JoeBen Bevirt began fantasising about flying cars that could whisk him to his destination in…

42 minutes ago

Supreme Court Justice Alito Confirms Call with Trump, Denies Knowledge of Hush-Money Case Motion

Justice Alito confirmed a call with Trump about a former clerk, denying any discussion of…

48 minutes ago

Lebanon’s Parliament Prepares for Presidential Vote After Two-Year Vacancy

Lebanon's parliament has attempted to elect a president, with Joseph Aoun emerging as the leading…

51 minutes ago

Wage Growth Gains Momentum in Japan, Central Bank Eyes Policy Impact

Japanese firms have pushed for wage hikes amid labour shortages, as BOJ monitors potential interest…

58 minutes ago