Uche Cecil Izuora
South Korea is now speaking on the importance of joining global investment team to support Nigeria’s promising green energy efficiency drive.
Vice President Kashim Shettima, has in a significant push toward Nigeria’s industrial revitalization, applauded a groundbreaking proposal by the Asia Economic Development Committee (AEDC) of South Korea to partner with Nigeria on solar technology and electric vehicle (EV) manufacturing.
The meeting, which took place at the Presidential Villa in Abuja on Tuesday, marked a major stride in the Tinubu administration’s agenda to attract foreign direct investment, foster technology transfer, and diversify Nigeria’s energy and automotive sectors.
Led by its Chairman, Mr. Yoon Suk-hun, the AEDC delegation expressed readiness to invest in Nigeria’s emerging green economy—focusing on renewable energy, electric mobility, and smart security infrastructure.
Shettima assured the South Korean delegation that Nigeria is fully open to strategic partnerships, especially those that emphasize technology transfer over profit repatriation.
“This government wants to be a facilitator for businesses to thrive,” Shettima declared. “We will create a safe passage and a conducive environment for private enterprises like yours. Nigeria is ready not just for trade, but for transformation.”
The Vice President reaffirmed the Tinubu administration’s commitment to creating an enabling environment for foreign and domestic investments in critical industries such as solar panel production and electric vehicle assembly plants.
Beyond energy and transportation, the AEDC also proposed deploying advanced information technology to support Nigeria’s internal security architecture. Shettima welcomed the idea, noting that “technology-driven security solutions are essential in our current fight against terrorism, banditry, and cyber threats.”
Commending South Korea’s commitment to Africa’s development, Shettima referenced the shared historical struggle between Nigeria and Korea and praised the Asian nation’s emphasis on human capital development and technological advancement particularly in the renewable energy and automobile sectors.
“The South Korean model of development is a lesson in resilience and innovation. We appreciate your interest in Nigeria and we believe your approach aligns perfectly with our Renewed Hope Agenda,” he said.
Earlier, Chairman Yoon Suk-hun stated that the AEDC’s presence in Nigeria was not driven by immediate profit, but by a long-term vision to help Africa’s largest economy harness its vast renewable resources and leapfrog into green industrialisation.
“Our aim is not just investment it is technology sharing,” Suk-hun said. “We see enormous potential in Nigeria, from your youthful population to your raw materials. This is the right time, and Nigeria has the right leadership.”
He listed solar energy, EV assembly, and digital surveillance tools as areas where the AEDC seeks collaboration, pledging to train Nigerians in each sector to boost local expertise.
As global focus shifts towards clean energy and smart mobility, Nigeria’s partnership with South Korea’s AEDC could mark a turning point in the nation’s industrial journey—if backed by policy consistency and infrastructure readiness.
With the right political will and follow-through, this deal could position Nigeria as a regional hub for electric mobility and renewable energy innovation in sub-Saharan Africa.