Tuesday, May 6, 2025
Home Energy LITHIUM TOPS TALKS BETWEEN DOWDEN, ALAKE IN LONDON.

LITHIUM TOPS TALKS BETWEEN DOWDEN, ALAKE IN LONDON.

The British Deputy Prime Minister, Oliver Dowden and Nigeria’s Minister of Solid Minerals Development, Dr.Oladele Alake has engaged in a comprehensive investment package comprising the lithium value chain in London.

Hosting the meeting, Dowden said he chairs the British National Economic Security Council which is interested in partnering with Nigeria on energy minerals such as lithium.

He said the meeting was to kick off discussion between both countries and that officials of the Department of Trade and investors would sit down to work out the details of the partnership.

He urged the Solid Minerals Minister to convey his pleasure to welcome President Tinubu to the African Summit scheduled to take place next year.

In his remarks, Dr. Alake said Nigeria has large deposits of minerals and ready to partner with investors from the United Kingdom adding that President Tinubu as the chief marketer of Nigeria’s investment drive would consider the invitation positively.

He announced that the administration of President Bola Ahmed Tinubu has introduced value addition as a priority policy in the sector noting that Nigeria and Britain have a long history.

He said the Nigerian team would be willing to sit down with their British counterparts to take the discussion to the next level.
Replying Deputy Prime Minister Dowden commended the government for the policy on value addition adding that going up the value chain would create more economic opportunities for partnership between both countries.

He highlighted the importance of the relationship between both countries observing that if the relations were bad, Britain would not be bothered with the supplies.

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