Nigerian Coy Elipse, growing local products, attracting foreigners

An indigenous Mining company in Plateau State Nigeria, Elipse, is fulfilling the federal government’s agenda by growing local products capable of attracting foreign investors....READ ORIGINAL & FULL CONTENT FROM SOURCE |

Recall that the federal government in July 2024, revealed plans to boost local content in the manufacturing sector to 80 per cent with the implementation of the National Strategy for competitiveness in Raw Materials and Products Development in Nigeria.

The Minister of Innovation, Science and Technology, Chief Uche Nnaji had said the strategy will generate employment and enhance local content in manufacturing.

“The boost in local content will ensure the global acceptance of Nigerian raw materials, products, and services, thereby improving the country’s global competitiveness”, the Minister had said.

Hitting the ground running, Elipse International Ltd, through its Outcrop Manganese product boasts of producing 6 million tons of manganese per year.

Elipse said the aim is to drive growth and innovation in the mining sector.

According to the Chief Executive Officer of the Company, Mr. Denzel Henry Akogwu, said: “We’re excited to share updates on our Outcrop manganese ore deposit, boasting a high-grade range of 38-55%! Our goal is to produce 6 million tons of manganese per year, driving growth and innovation in the mining sector.

“We’re seeking expertise from mining engineering, drilling, and blasting professionals.

“Connect with us to be part of our cutting-edge initiatives and shape the future of the mining industry”, Akogwu said.

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