Raheeqilmaktoom:


By the side, this country's NE has a rich deposit of uranium aside other minerals. This country is blessed.

Wiseandtrue:
As usual, it will be for Kaduna people while oyel will be for Nigeria!

Raheeqilmaktoom:


Ask the emperor of Rivers.

Funny enough, guy had a windfall of over N350b in 8 years, how did he spent it? He built bridges, and the people hailed him.

Golan007:


It is not a federal government project.

It is not even a state government project.

The state invites investors who setup shop.

They employ local labour, pay taxes and tarrifs help with bringing in forex.

Why is the potential negative the most interesting topic?

naptu2:


https://www.theafricareport.com/240607/tesla-wants-to-mine-lithium-in-nigeria-what-are-the-hidden-costs/

brandsoncharlie:

In Nigeria constitution the fg is in charge of state resources only in the south south when it is crude but if it is northern it is not fg project.
If it was found in South South they will deploy soldiers to protect.

P1PrinceKT:

Oil that's everywhere? Including bauchi?

brandsoncharlie:

In Nigeria constitution the fg is in charge of state resources only in the south south when it is crude but if it is northern it is not fg project.
If it was found in South South they will deploy soldiers to protect.

Think9ja:
Where is the structure/building that they want to commission?

Racoon:
What an achievement for Nigeria as we may start producing nuclear warheads. However, the location of this facility in bandits and BH ebclave is a big negative.

ogunara:
mmm China again. Don't trust those people

unclejb2:
to build batteries for who to drive..??

Unless we start driving electric cars here, manufacturing the batteries here is not good business.

brandsoncharlie:

Which oil every where, that small reserves that won't last. Even the operational cost will not ne feasible in the long term, owing to the fact they will drilling like kangaroo to find oil and put them on the map.

unclejb2:
to build batteries for who to drive..??

Unless we start driving electric cars here, manufacturing the batteries here is not good business.

Racoon:
What an achievement for Nigeria as we may start producing nuclear warheads. However, the location of this facility in bandits and BH ebclave is a big negative.

Puremind1225:

[s]Nigeria don't do things the way it should be done.[/s]

JASONjnr:
Lithium plant....Nice one...


With the richness of this country's natural resources, all Nigerians are supposed to live like kings and queens.... But one useless idiot will steal the money and use it to send his dumb kids to school in abroad.....

ShaqFu:
This is beyond awesome. Nigeria is truly blessed. Let's hope we won't waste this resource like we are wasting crude oil.

naptu2:
KADIPA @InvestKaduna



https://twitter.com/InvestKaduna/status/1613905758743154689

pocom35:
They have been better help to Nigeria than the Americans

An American company called Tesla was supposed to be the one to be given the license to mine.. guess what ..they were only interested in taking the resources and not building the factory to process it..

Here you have a Chinese company willing to mine and process locally yet you no know trust them..

Nigerians are confused

pandax:


I hope FG will share the 87% of the money generated to all the 36 states + Abuja. Obviously, Kaduna will receive 13%

naptu2:
There is a lesson in this thread, but if you search through Twitter and check the thread, you'll notice that many people have not learnt the lesson.


First Lithium Processing Plant In Nigeria Under Construction In Kaduna.
https://www.nairaland.com/7523789/first-lithium-processing-plant-nigeria


This is the lesson:

There are many sectors in Nigeria that are in the exclusive list in the constitution. This means that they are the exclusive preserve of the Federal Government. For a long time many people assumed that this means that state governments cannot get involved in these sectors, but that is not true.

Bola Tinubu constantly demonstrated this when he was governor. There are many things that people assumed were only reserved for the Federal Government, but his government got involved in those things. Power generation, port construction, airport construction, refinery, etc.

You see, all the state government needs to do is to bring in a private/foreign company to invest in the sector and then they need to get a license from the Federal Government. The state government can also establish its own company to get involved in these things and the company will apply for a license from the Federal Government. The Federal Government wants to make money and they want development, so they will go along with the project (although in some rare cases they might sabotage the project, just like the AES Barge power project in Lagos).


Some people are asking why the oil in Rivers is for Nigeria while the lithium in Kaduna is for Kaduna. Well, read this article, the chairman of the Kaduna Internal Revenue Service stated clearly that mining is on the exclusive list and the only way that Kaduna State can take part in mining lithium is to set up a mining company and get a license from the Federal Government. Has the Rivers State Government set up an oil company and applied to get mining licenses from the Federal Government?

https://www.vanguardngr.com/2021/11/kaduna-govt-set-to-explore-revenue-potential-of-solid-minerals/


This issue keeps coming up every time and the answer is always the same. People asked the same question when it was announced that a gold refinery was being established in Osun and the answer then was exactly the same.

Golan007:


You guys are too tribal.

The mining company is the equivalent of Chevron or ExxonMobil.


By the way, mining is not a mature industry in Nigeria and largely artisan in its practice.