Ajaokuta Steel Plant To Be Revived By The Federal Government

 The Ajaokuta Steel Company is set to be revived to make it fully functional.

The Minister of Steel Development, Shuaibu Audu while outlining the need for the revamping of the moribund steel plant, said he will set a roadmap for the development of the steel sector, aggressively pursue the completion of Ajaokuta steel, while also enacting required bills to regulate the steel sector, among others.

Shuaibu Audu was among the 45 Ministers sworn in by Nigeria's President, Bola Tinubu.

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In his words:

 “Our past leaders recognised the importance of steel development but lacked the political will to achieve its objectives.

“The steel development is synonymous with the Ajaokuta Steel plant, whose commencement has been over 40 years ago. We aim to start the engine and ensure that we produce at least a small sheet of steel within this administration.

“It is a known fact that steel is the bedrock of any nation’s development; if gotten right, it may be the beginning of our industrial revolution.”