Nigeria's Tinubu opens lithium plant, backing local mineral processing
Nigerian President Bola Tinubu inaugurated a lithium-processing plant in Nasarawa state, calling for minerals to be processed domestically rather than exported as raw material. The plant is part of a push to add value to Nigeria's mining sector.
Nigerian President Bola Tinubu used the inauguration of a lithium-processing plant in Nasarawa state to stress the goal of adding value to the country's mineral resources at home. Lithium is a key component of electric-vehicle batteries.
According to Premium Times, Tinubu said processing minerals domestically, rather than exporting them raw, would create more jobs and value. The government views the mining sector as a tool for economic diversification.
Officials said local processing capacity could attract investors and strengthen supply chains. Analysts stressed that the success of such projects depends on power supply, regulatory stability and infrastructure. Nigeria is aiming to boost sources of revenue beyond oil.
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