Nigeria, recently confirmed to possess significant lithium deposits, is poised to become a major player in the global supply chain. Over the next 50 years, this resource will significantly shape Nigeria's international relations, influencing trade, diplomacy, and. . Nigeria's vast lithium reserves, estimated to be worth over $34 billion, is attracting global demand. Lithium is a key component in the production of batteries for electric vehicles (EVs) and renewable energy storage systems. This escalating demand has ignited a fervent quest for lithium. . of a transformative era. This report examines Nigeria's journey into the lithium market, exploring the challenges and opportunities as it seeks to harness this valuable resource to drive economic growth and sustainability in the bur ill very underdeveloped. This is despite the country being r h in. . The global transition to clean energy has placed lithium—often called “white gold”—at the heart of the 21st-century economic and geopolitical landscape. As nations pivot towards “electric vehicles” (EVs), renewable energy storage, and advanced battery technology, lithium has become an indispensable. . Lithium-ion batteries are the leading choice for energy storage solutions because of their high efficiency and energy density, which has driven up demand for lithium even further. Nigeria's mining sector is still very underdeveloped. This is. .
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