Nigeria is set to deepen its ties with South Korea through a proposed partnership aimed at advancing solar energy and electric vehicle (EV) manufacturing in the country.
The initiative was discussed during a courtesy visit to the Presidential Villa in Abuja by a delegation from South Korea’s Asia Economic Development Committee (AEDC), led by its Chairman, Mr. Yoon Suk-hun.
Vice President Kashim Shettima welcomed the delegation and expressed the Nigerian government’s commitment to industrial growth, renewable energy, and the adoption of advanced technology. He affirmed that the administration of President Bola Tinubu is keen on partnerships that foster technology transfer, capacity building, and job creation.
“This government wants to be a facilitator for businesses to thrive in Nigeria,” Shettima said. “We are ready to create a conducive environment for private investments in clean energy and automotive technology.”
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The AEDC’s proposal includes collaboration in solar equipment production, electric mobility, and the deployment of information technology systems for national security. Mr. Yoon emphasized that the committee’s interests go beyond profit, focusing instead on long-term partnerships that promote technology exchange and local industry development.
Nigeria’s openness to the partnership comes at a time when the federal government is ramping up efforts to promote clean energy solutions. In March 2025, the Federal Executive Council approved N151.9 billion for a mass electric vehicle rollout in the North-East, involving electric buses, tricycles, and charging infrastructure funded by the North East Development Commission (NEDC).
Vice President Shettima also praised South Korea’s contributions to Africa’s development, particularly in human capital and technological advancement. He reaffirmed that Nigeria welcomes any initiative that aligns with the country’s strategic goals of energy efficiency, industrialisation, and national security.
The visit by the AEDC delegation included high-level discussions with local stakeholders such as Alhaji Mustapha Muhammad, Chairman of AMMASCO Group, and other Korean representatives, signaling a strong interest in turning dialogue into actionable investment.
If finalized, the partnership could play a transformative role in Nigeria’s push for a cleaner, tech-driven future.
