From Our Correspondent
A Chinese company, Sinoma is contemplating coming and citing its renewable energy technology manufacturing industry in Nigeria’s Evergreen City, the green industrial zone.
TheNewszenith reports that Chief Ajuri Ngelale, Special Presidential Envoy on Climate Action, announced this after a dinner, hosted in his honour in Beijing.
By this, Ngelale said Nigeria’s effort towards value-chain localisation in renewable energy technology manufacturing has taken a significant step forward.
“Sinoma of China has expressed strong interest in citing its renewable energy technology manufacturing industry in Evergreen City, the country’s green industrial zone,” he said.
Mr Yin Zhisong, Chairman of Sinoma International Engineering Company, hosted the Presidential Envoy at a dinner in Beijing
Ngelale said Sinoma believes in President Bola Tinubu’s green industrial vision.
“It was a productive and memorable introductory session,” he said.
Read Related News:
Climate Change: FG earmarks N130bn for action plans
Africa not prepare for climate crisis – WASH director
Climate Change: Expert bemoans neglect of rural interventions
Climate Action: Key to sustainable development – CSO
According to him, the company is a leading subsidiary of the CNBM Group.
“CNBM has $85 billion in assets, 200,000 employees, 11,000 patents and 26 research and development institutes.”
Ngelale said he also joined a virtual meeting with a combined technical team from the U.S. Department of Energy and the U.S. State Department.
The meeting, he said, was a follow-up on Nigeria’s development of a circular economy and the new programmatic, project-driven and private-public sector-enabled initiative.
It discussed initiatives to co-create industrial clusters and consumer credit-tied financing packages.
Ngelale said this would hopefully unlock Nigeria’s envisioned $1 trillion GDP in an inclusive fashion, creating opportunities for all Nigerians.
Do you have a flair for Citizenship Journalism? Share stories of happenings in your area with TheNewsZenith on WhatsApp: 08033668669 or thenewszenithonline@gmail.com. Also, follow us on www.tiktok.com/@thenewszenithonline
