President Bola Tinubu on Thursday inaugurated a lithium processing plant in Nasarawa State with a daily processing capacity of 6,000 metric tonnes and an annual capacity of three million metric tonnes.
The plant, owned by Diamond New Energy Company Ltd., is located in Endo Community, Nasarawa Local Government Area of the state.
The company has created more than 1,000 direct jobs and over 2,000 indirect jobs since it commenced operations in the area.
Represented by Vice-President Kashim Shettima, Mr Tinubu described solid minerals as the enduring backbone of every economy, noting that no technology could thrive without them.
He said that the Federal Government had accorded the sector high priority because of its strategic importance to Nigeria’s industrialisation and economic diversification agenda.
The president, however, stressed that natural resource endowment alone could not guarantee national prosperity. “Natural resources may be a blessing, but only vision can turn them into wealth. Only institutions can protect that wealth. Only industry can multiply it, and only people can give it meaning,” he said
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