valentineuwakwe: I thought all mineral resources belong to he federal government of Nigeria why partnering? Or becos it's a northern state? If this was found in a southern state, the federal government will forcefully start the mining themselves..... Lithium is a natural resources and should be added to revenue sources of the country and on he exclusive list....
All mineral resources belong to the Federal Government and private companies, states and individuals can get involved in the sector by getting a license from the Federal Governmentor by partnering with it. This has been the case for a very long time.
FG to partner Nasarawa State on local processing of lithium
by Samson Akintaro
The Federal Government is set to partner with the Nasarawa State government on a lithium processing policy that would ensure that Lithium mined in the State is processed locally instead of exporting it raw.
The Executive Vice Chairman and Chief Executive Officer of the National Agency for Science and Engineering Infrastructure (NASENI), Dr. Bashir Gwandu, disclosed this when the Executive Governor of Nasarawa State, Engr. Abdullahi A. Sule paid a courtesy visit to the agency.
Gwandu said the processing policy is in line with NASENI’s drive to encourage the processing of Strategic Solid Minerals and particularly to ensure that batteries are produced locally for both electric vehicles as well as other energy storage applications.
Nasarawa state is one of the states acknowledged to have potentially the largest deposits of lithium in Nigeria.
Call for investment
Gwandu recalled that NASENI recently made some efforts to encourage investors and Nigerian lithium off-takers from around the world to come and partner with it to process various combinations of lithium into batteries locally.
This will include lithium processing from mineral crushing and extraction all the way to final products that can be used both locally and also exported to other countries.
•“Some companies from China have already started visiting NASENI as a response to the call. NASENI will partner with other government agencies such as Rural Electricity Agency (REA), Nigerian Geological Survey Agency (NGSA), and other investing institutions on this effort,” he said.
Gwandu said he was pleased that the Nasarawa state governor came to collaborate with NASENI in this regard.
According to him, a number of companies have indicated interest in investing in Nasarawa state to process lithium in various quantities ranging from 1,000-3,000 tonnes per day. So far, almost 6,000 tonnes per day are projected to be processed daily in Nasarawa alone.
Lithium rush in Nasarawa
On his part, Governor Sule said the companies have already indicated interest to process the 6,000 tonnes per day in Nasarawa state, adding that other states such as Kebbi, Kwara, etc., might also attract such kinds of companies and investments, and there is need for proper coordination, and for all hands to be on deck to ensure that Nigeria takes its place by being recognized as one of the largest lithium producers in the world.
The Governor added that there is something happening that is akin to Gold Rush which he termed the ‘Lithium Rush” happening in his state and this is because lithium price in the world market has jumped from $6,000 per metric tonne to $78,000 per metric tonne.
•“Nasarawa state has a large quantum of Lithium and hence the need to have a better working synergy with NASENI for purposeful exploration, extraction, and processing,” he said.
Engr. Sule urged NASENI to use its Solar in Gora as a lithium processing and battery production plant considering its proximity to the raw materials and the proximity to NASENI Solid Minerals Institute which is also located in Nasarawa town in the same state.
While promising to give the Agency the necessary support, he called for more collaborations with the State as it plans a second economic summit that would be tagged “Lithium Rush Summit”.
SAAAdeboye: The Edo State governor Mr Godwin Obaseki, has disclosed that 5,600 vehicles run on Compressed Natural Gas (CNG) in Benin City, the Edo State capital.
The governor disclosed this in Benin while speaking to journalists on fuel subsidy removal.
“Data from NIPCO Gas, a joint-venture company between NIPCO and Nigeria Gas Company Limited (NGC), indicate that over 5,600 vehicles in Benin City run on Compressed Natural Gas after the initiative was rolled out in 2007 and commissioned in 2009,” he said.
He called on investors to make investments in alternative sources of energy such as natural gas in the wake of subsidy removal, which had led to a hike in transportation costs.
“We are blessed with a lot of gas in Edo. There is really no reason why our tricycles and vehicles should be using petrol. We have more gas stations in Edo than any other state. We should be using more gas.
“Price levels would always go up. What we have to do is to open up the economy so that people will have more work to do. We need more manufacturing companies in Edo State.”
“The gas initiative was launched after a presentation by NIPCO Plc to roll out a pilot scheme to an inter-ministerial team of the Federal Government in 2007.
“NIPCO Gas has established 15 CNG running stations in Benin to provide an alternative for the Gasoline run automobiles,” he said.
Former Nairaland auto section mod, Sienna, on December 9, 2015.
[color=Blue]Most gasoline engines (with the exception of certain GDI / FSI versions) can be converted to run on both petrol and gas. Just be aware, gas does NOT provide valve lubricant like petrol does, which means prolonged use of gas will ruin your valves. A good LPG system will include upper cylinder lubricant.
The good news is gas has a higher octane rating than petrol, meaning detonation is less likely.[/color]
His response to someone that said that Nigeria is not ready for it.
[color=Blue]If every Nigerian reasons this way, Nigeria will NEVER be ready to advance with the times.[/color]
Gluck4cars: Benin city is being used for a pilot scheme for the introduction of CNG (compressed natural gas) in Nigeria. There are about 12 filling stations there, and thousands of private and commercial vehicles using CNG. NOTE: There is a huge difference between LPG (liquified natural gas) and CNG. The last time I checked, LPG had to be converted to CNG before it can be used in cars.