President Bola Tinubu has commended the inauguration of Nigeria’s largest lithium processing plant in Lafia, Nasarawa State, hailing it as a clear indication of the country’s attractiveness for foreign investment.

Tinubu made the remarks in Abuja during a meeting with Nasarawa State Governor Abdullahi Sule, who was accompanied by Hi Yongwei, Chairman of Avatar New Energy Materials Company Limited, and Zhenhua Pei, Chairman, Canmax Technologies.

This was contained in a statement signed by the President’s Special Adviser on Media and Publicity, Ajuri Ngelale. 

He said that Avatar, a Chinese firm, built the lithium processing plant which produces about 4,000 metric tonnes daily while Canmax Technologies, a renowned Chinese firm responsible for over 30 percent of global battery material production, announced a new investment of 200 million dollars for another lithium processing plant in Nasarawa State.