Employees work at a workshop of an electric equipment company in the Lekki Free Trade Zone in Lagos, Nigeria, March 1, 2024. Jointly founded by Chinese companies and the Lagos state government, the Lekki Free Trade Zone started construction in 2006. After 18 years of development, the zone has been gaining momentum in the socio-economic drive of Nigeria, significantly accelerating the process of industrialization and job creation.
Nigeria’s Senate recently advanced the Electric Vehicle Transition and Green Mobility Bill to its second reading. The most transformative element of this legislation is its industrial strategy: it aims not merely to encourage EV uptake, but to compel the establishment of a domestic manufacturing base.
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