Economy
Nigeria, Japan, Israel Sign MoU to Speed up Industrialization
NASENI has signed a Memorandum of Understanding (MoU) with Israeli and Japanese companies to commence the manufacturing of electric motorcycles in Nigeria
The National Agency for Science Engineering and Infrastructure (NASENI) has signed a Memorandum of Understanding (MoU) with Israeli and Japanese companies to commence the manufacturing of electric motorcycles in Nigeria per NASENI’s directive to pilot Nigeria’s industrialization process.
The MoU was signed on Thursday in Abuja. According to the partners, the project will be fully operational in the first quarter of 2023.
The project is expected to deepen Nigeria’s capacity building, create job opportunities and also speed up Nigeria’s industrialization agenda.
Micheal Freeman, Israeli Ambassador to Nigeria, said the partnership of Israeli, Japanese, and Nigerian technologies would address diverse issues affecting transportation and environmental division in Nigeria.
Micheal said “It is a project that is a partnership with Israeli, Japanese, and Nigerian companies taking place in Nigeria.
“What is special about this project is that it is a timely project that combines Israeli technologies, Japanese technologies, Nigerian entrepreneurship, and innovation to create a project that is going to work fabulously.
“We are talking about bringing electronic Motorcycles into Nigeria which will be a program that is green, environmentally friendly.
“It offers people a cheap way and safe way of transport and even has a technology to ensure that the motorcycles are only used for legal and appropriate purposes.
“When we look at what the problems are in the world and also in Africa and Nigeria, we are talking about issues of fuel scarcity, we are talking about green technology, we are talking about the need to provide cleaner, cheaper, easier transport.
“And here we are, having Israeli and Japanese companies coming together with Nigerian partners to provide cleaner, greener, newer, exciting technology that is expected to move people, the population across the country.
“I believe that a program that is going to start in Nigeria will be successful and will go across Africa,” Freeman stated.
Takeshi Isaku, chief innovation officer, Musahi of Japan, said his company was eager to aid the Nigeria and African continent in establishing safe, secure, and clean technologies.
Hon. Wadada Aliyu, the chairman, of PAN Nigeria Limited, said the project was the beginning of technological evolution in Nigeria.