The federal government of Nigeria says it wants its South Korean counterpart to invest in electric vehicle projects in Nigeria.
This was disclosed by Nigeria’s Minister of Foreign Affairs, Yusuf Tuggar via his X page on Wednesday.
The request was made during his meeting with a Korean official at the sidelines of the Korea-Africa 2-day Summit.
The summit already saw the South Korean government pledging about $24 billion for the development and trade benefits of African countries including Nigeria.
Tuggar disclosed that Nigeria was conducive enough to accommodate Korea’s electric vehicle projects.
The call is apparently part of the Nigerian government’s move to diversify its economic from overdependence on crude oil products.
Also, Tuggar acknowledged the significant contributions of the Korea International Cooperation Agency (KOICA) in Nigeria, particularly in education and entrepreneurship.
He called for the expansion of these initiatives, advocating for increased support in language training and cultural exchange programs.
He reiterated Nigeria’s aspiration for a seat on the United Nations Security Council, highlighting the country’s role in Africa and our commitment to promoting denuclearization and peace in crisis-stricken regions.
