Forgo Battery CEO Calls for Duty Reduction

Offorjoma Alex Joseph, managing director of Forgo Battery Limited, stated that reducing battery input import duties to five percent would lower production costs and support Nigeria's two-player battery industry.

Forgo Battery Limited operates as a leading Nigerian battery assembler, emphasizing innovation and quality in its manufacturing processes.

Battery plate production remains critical for the industry, with Forgo highlighting the necessity of local inclusion to strengthen the sector.

Restricting battery imports via land borders could enhance local content requirements, though the company acknowledges the complexity of battery components.

Offorjoma Alex Joseph, CEO of Forgo Battery Limited, advocates for lowering battery input import duties to five percent to reduce production costs and support Nigeria's two-player battery sector.

The company emphasizes innovation in assembling quality batteries within Nigeria, noting battery plates are essential components requiring local production integration.

Current import practices involve significant plate imports for assembly, with the industry stressing the need to restrict land border crossings to boost local content.