Kalu Advocates In-Country Processing of Nigeria’s Raw Materials to Europe

Omoyeni Olabode

Kalu, Europe, Raw Material, In-Country Processing

Deputy Speaker of the House of Representatives, Benjamin Kalu, has called on European countries to prioritise processing Nigeria’s raw materials within the country as part of efforts to drive economic growth and job creation.

Kalu made the appeal in Abuja while receiving a delegation of European parliamentarians under the First Step Forum, stressing the need for stronger partnerships centred on technology transfer and local manufacturing.

He advocated a “near-shoring” approach, urging Europe to move industrial capacity and investment closer to resource-rich regions like Nigeria, rather than exporting raw materials for processing abroad.

According to him, Nigeria’s abundant natural resources should be harnessed through local value addition to stimulate the economy and reduce unemployment, particularly among young people.

Using cocoa as an example, Kalu said the country should transition from exporting raw produce to manufacturing finished goods such as chocolate, describing it as a pathway to sustainable economic development.

He also highlighted Nigeria’s lithium deposits, noting the potential for in-country production of batteries, especially as global demand rises with the shift towards cleaner energy.

Kalu further emphasised that such partnerships would help tackle the root causes of irregular migration by creating economic opportunities locally, while also strengthening Africa-Europe relations based on mutual benefit and shared prosperity.

Share to:

Comments

This post has no comments yet.

Be the first to comment!

advertise here

Advertise here

Related Posts

Malami Accuses EFCC of Breaching Due Process in Abuja Eviction

Omoyeni Olabode-24 Mar, 2026

Malami, EFCC, Abuja Eviction

Former Attorney-General of the Federation, Abubakar Malami, has accused the Economic and Financial Crimes Commission of forcibly evicting his family from his Abuja residence without a valid court order.

Continue Reading...
NNPC Boss Says Nigeria Ready for Global Energy Investment Opportunities

Omoyeni Olabode-24 Mar, 2026

NNPC, Ojulari, Nigeria, Global Energy Investment

The Group Chief Executive Officer of the NNPC Limited, Bayo Ojulari, has declared that Nigeria is now a dependable destination for global energy investment, emphasising a shift towards execution-driven growth in the sector.

Continue Reading...
Obasa’s Son Gains Continental Role as YELO Africa Vice President

Omoyeni Olabode-24 Mar, 2026

Chairman of Agege Local Government Area, Abdul-Ganiyu Obasa, YELO Network Africa, Vice President

The Chairman of Agege Local Government Area, Abdul-Ganiyu Obasa, has been elected into a key leadership position within the Young Elected Local Officials (YELO) Network Africa, further strengthening Nigeria’s presence in continental governance discussions.

Continue Reading...