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

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