Tag: NCSP

The Nigeria–China Strategic Partnership (NCSP) has held a strategic meeting with Brains and Hammer Hengke Limited, a Joint Venture initiative between Brains and Hammers Ltd. and Hunan Hengke Group, a leading Chinese real estate and construction conglomerate.

The partnership is set to pioneer the development of two 25-floor Brains and Hammers Towers, a state-of-the-art mixed-use complex combining hotel and residential spaces, as well as the construction of 30,000 smart, solar-powered homes across Nigeria.

With a shared commitment to affordability, sustainability, and innovation, the projects are designed to create jobs, foster technology transfer, and strengthen local manufacturing capacity in critical components such as glass, roofing, and electrical systems.

These efforts are in line with the NCSP’s transformative agenda and its mandate to promote inclusive and sustainable development through strategic partnerships.

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The Director-General of the NCSP, Mr. Joseph Tegbe, in a statement which was made available to The Nation, commended the initiative and reaffirmed the Partnership’s support for the projects.

He further emphasised the importance of aligning delivery with quality, while driving towards the vision of building the tallest, safest, smartest, and best-maintained structures in Abuja.

Tegbe said the NCSP remains unwavering in its commitment to advancing partnerships that align with Nigeria’s national development priorities, ensuring that every collaboration drives real impact, sustainable growth, and mutual prosperity.

Nigeria’s industrial capacity is set for a significant boost as Inner Galaxy Steel Company, a major player in the domestic steel sector, has announced a $550 million expansion plan to establish a new plant in Ogun State with a projected annual output of two million metric tons (MMT).

The announcement came during an official visit by the Director-General of the Nigeria–China Strategic Partnership (NCSP), Joseph Tegbe, to Inner Galaxy’s flagship facility in Abia State.

Currently producing about 600,000 metric tons annually, the company believes that operational enhancements could lift capacity at the Abia site to 1 MMT per year.

The Ogun State facility will be developed in phases, utilising locally available iron ore, positioning it as a strategic contributor to President Bola Ahmed Tinubu’s goal of achieving 10 MMT in national steel production annually.

The funding structure for the new project allocates $450 million from Chinese partners and financial institution and $100 million from Nigerian partners and institutions. 

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The NCSP DG’s visit highlighted the rise of a broader industrial cluster around Inner Galaxy’s Abia operations. The cluster includes Neway Power Technology Company Ltd, which manufactures roughly four million car batteries annually.

There are also Jiu Xing Integrity Industries Limited, which fabricates and assembles trailers from Completely Knocked Down (CKD) and Semi Knocked Down (SKD) kits; and Starich Recycle Technologies Company Limited, a plastics recycler and manufacturer.

Industry analysts see the Inner Galaxy expansion as a potential catalyst for Foreign Direct Investment (FDI) inflows, advanced technology transfer, and large-scale job creation within Nigeria’s steel value chain.

If delivered on schedule, the Ogun State plant would represent one of the single largest boosts to Nigeria’s steel capacity in decades, helping to close the domestic supply gap, reduce reliance on imports, and strengthen competitiveness in regional infrastructure and manufacturing markets.

According to Tegbe, the significance of this investment “extends beyond steel.” It is about fortifying Nigeria’s industrial base, deepening partnerships with global investors, and building a manufacturing ecosystem capable of driving long-term economic transformation in line with the Renewed Hope Agenda of President Bola Ahmed Tinubu.

The Nigeria-China Strategic Partnership (NCSP) has held a strategic meeting with the China-Africa Geoscience Cooperation Centre and Yangtse Automotive Group on collaborative investments in the Electric Vehicle (EV) manufacturing and mining sectors.

The strategic meeting, which is aimed at revitalising Nigeria’s manufacturing base and unlocking sustainable industrial growth, is in line with the President Bola Ahmed Tinubu-led administration’s bold efforts at driving industrialisation and economic diversification.

At the meeting held at the NCSP Abuja Office, the Director-General of NCSP, Mr. Joseph Tegbe, emphasised the urgent need for Nigeria to reindustrialise by leveraging strategic Chinese investments to build a resilient and competitive industrial ecosystem by attracting serious, long-term Chinese investors.

He highlighted opportunities across the full EV value chain, from mineral extraction and refining to battery storage, charging infrastructure, and vehicle manufacturing, positioning Nigeria as a hub for clean mobility and energy innovation in West Africa. He said these efforts are to compliment the great strides of the Minister for Solid Minerals, Mr. Dele Alake.

Speaking on behalf of the Chinese delegation, Secretary General of the China-Africa Geoscience Center, Professor Hu Peng, reaffirmed President Xi Jinping’s commitment to China-Africa cooperation.

He noted the Center’s longstanding collaboration with Nigeria in geoscience research and capacity building, while spotlighting the readiness of Yangtse Automotive and Hubei Wan New Energy to invest in Nigeria’s evolving industrial landscape.

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As part of the next steps, Yangtse Automotive, Hubei Wan New Energy and NCSP have agreed to collaborate to ensure the immediate realisation of the proposed investments and ensure efficient and effective regulatory approvals in both China and Nigeria.

Yangtse Automotive and Hubei Wan New Energy are expected to submit a formal expression of interest to NCSP, outlining specific areas of collaboration. The NCSP team will, in turn, undertake a technical visit to Hubei Wan New Energy’s facilities in the coming weeks to assess capacity and feasibility.

This engagement reinforces the NCSP’s mandate to facilitate credible international partnerships that stimulate manufacturing, create jobs, and accelerate Nigeria’s industrial transformation under the Renewed Hope Agenda of President Tinubu.

The Director General, Nigeria-China Strategic Partnership (NCSP), Joseph Tegbe, has backed the expansion plans of two major Chinese enterprises operating in Nigeria, Golden Diamond Limited and Choice International Group (CIG).

He gave his backing when he paid working visits to the two Chinese companies in Nigeria, during the week, as part of efforts to strengthen bilateral trade and industrial cooperation between Nigeria and China,

For instance, at Golden Diamond Limited, a manufacturing firm active in Nigeria since 2002, the DG toured the company’s facilities and was briefed on its ambitious multi-sector expansion plan.

Currently focused on household and sanitary materials, Golden Diamond is set to diversify into industrial manufacturing (tiles, sanitary wares, electrical appliances, tableware), agriculture (sweet potatoes, peanuts, tobacco leaves).

Others areas are mining (lithium, tin ore, mica sheets, and titanium), alternative energy (solar panels, inverters, batteries) and real estate development (smart estates, shopping malls, and 5-star hotels).

The company’s investment as at date totals $500 million with an additional $100 million planned for the expansion. The DG commended the company’s longstanding contribution to Nigeria’s economy and reiterated NCSP’s support for their expansion plan.

Also, at Choice International Group (CIG), manufacturers of the GAC automobile brand, Tegbe was briefed on a transformative $1.2 billion automotive project in collaboration with the National Automotive Design and Development Council (NADDC).

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The initiative involves the establishment of a cutting-edge vehicle production facility in Nigeria, designed to transition from Semi Knocked Down (SKD) assembly to Completely Knocked Down (CKD) assembly, and eventually to full-scale local manufacturing.

The transformative initiative involves a substantial investment of $1.2 billion, with a projected return of $20 billion over a five-year period. In the long run, the project is expected to contribute up to 10 per cent to Nigeria’s envisioned $1 trillion economy.

The DG expressed strong support for the initiative, describing it as a landmark in Nigeria-China industrial collaboration that will boost local manufacturing, drive technology transfer, and create thousands of skilled jobs.

“These two initiatives are significant pillars in the new era of industrial growth and economic transformation Nigeria envisions. They align perfectly with President Tinubu’s Renewed Hope Agenda and underscore the value of our strategic partnership with China,” Tegbe noted.

The NCSP boss reaffirmed its commitment to facilitating mutually-beneficial partnerships that deliver shared prosperity, industrial capacity, and sustainable development.