The Minister of Steel Development, Shuaibu Abubakar Audu, has announced that the federal government is at an advanced stage in its efforts to resuscitate the long-dormant Ajaokuta Steel Company in Kogi State. Speaking over the weekend at his country home in Ogbonicha, Ofu Local Government Area, during a meeting with stakeholders of the All Progressives
Tinubu Appoints Nasir Abdulsalam as New Ajaokuta Steel MD
President Bola Tinubu has approved the appointment of Nasir Naeem Abdulsalam as the new Managing Director of Ajaokuta Steel Company. The announcement was made in a statement issued Friday night in Abuja by Segun Imohiosen, Director of Information and Public Relations in the Office of the Secretary to the Government of the Federation. He stated,
Ajaokuta Steel Revival, Nigeria Set to Begin Operations in Early 2025
Natasha Akpoti-Uduaghan, Chair of the Senate Committee on Local Content, has announced plans to revitalise the Ajaokuta Steel Company by the first quarter of 2025. In September, Shuaibu Audu, Minister of Steel Development, signed a memorandum of understanding (MoU) with the plant’s original builders, Tyazhpromexport (TPE), to rehabilitate, complete, and operate the Ajaokuta Steel Plant
Nigeria’s Ministry of Steel Development Announces Boot-Camp Training
The Ministry of Steel Development has launched an intensive one-month boot-camp training programme aimed at empowering Nigerian youths with advanced technical skills. According to a press release signed by the Permanent Secretary, Dr. Chris Osa Isokpunwu, the programme will focus on three key areas: Benefits of the Programme include expert training and mentorship, equipment support
Nigeria, China Signs $1 Billion Agreement for Iron Mine and Steel Plant
Nigeria, home to mineral reserves valued at an estimated $700 billion, is taking a bold step to revitalise its underperforming mining sector, which currently contributes less than 1% to the country’s GDP. Chart & Capstone Integrated Limited, a Nigerian company, has partnered with China’s Sinomach-He to establish an iron ore mine and steel mill in