By Samuel Itsede
Special Presidential Envoy on Climate Action, Chief Ajuri Ngelale, has secured a huge commitment from Chinese renewable energy experts, Sinoma International Engineering Company, to invest massively in Nigeria’s Evergreen City planned for the Northcentral region of the country.
This was done in Beijing, the Chinese capital on Monday during Ngelale’s discussions with the Chairman of Sinoma, Mr. Yin Zhisong.
In a note to journalists, the presidential aide who was with President Bola Tinubu in Accra, Ghana for an African Union summit, explained: “After a long journey to Beijing from Accra over the weekend, Nigeria’s endeavour to achieve value chain localization in renewable energy technology manufacturing took a significant step forward as I was hosted by the Chairman of Sinoma International Engineering Company, Mr. Yin Zhisong, to a dinner in the Chinese capital.
“A leading subsidiary of the CNBM Group, which boasts $85 billion in assets under management, 200,000 employees, 11,000 patents, and 26 R&D Institutes, Sinoma expressed strong interest in siting its formidable renewable energy technology manufacturing industry in Evergreen City as a strong demonstration of their belief in H.E. President Bola Tinubu’s green industrial vision. It was a productive and memorable introductory session.”
He went further to get the buy-in of American stakeholders for Nigeria’s project-driven, private sector-led, and public sector-enabled initiative to boost climate action agenda.
According to Ngelale: “Following the hours-long evening reception, I joined a very important (1:00am Beijing time/1:00pm D.C. time) virtual discussion with a combined technical team from the U.S. Department of Energy and the U.S. State Department with respect to a follow-up on Nigeria’s development of a circular economy and the new programmatic, project-driven, private sector-led, and public sector-enabled initiative to co-create industrial clusters and consumer credit-tied financing packages to unlock Nigeria’s envisioned $1 trillion GDP in an inclusive fashion that creates opportunity for all Nigerians.”
