Tag: STEEL

Shuaibu Audu, Nigeria's Minister of Steel Development, revealed on Thursday that the country imports steel valued at $4 billion every year.

Nigeria Imports $4 Billion Worth of Steel Annually

Shuaibu Audu, Nigeria's Minister of Steel Development, revealed on Thursday that the…

Taiwo Ajayi February 29, 2024

In a recent interaction with journalists in Abuja, Minister of Steel Development Prince Abubaker Audu expressed concern over Nigeria's hefty annual expenditure

Minister reveals Nigeria’s Annual Steel Importation Cost at $4 billion, Citing Significant Financial Loss

In a recent interaction with journalists in Abuja, Minister of Steel Development…

Taiwo Ajayi February 3, 2024

The Federal Government has commenced discussions with a Chinese firm, Luan Steel Holding Group, to build a new steel plant in Nigeria and commence the construction of military hardware at the Ajaokuta Steel Plant.

FG Partners with Chinese Firm for Steel Plant and Military Hardware Production in Nigeria

By Taiwo Ajayi In a significant stride towards industrializing Nigeria's steel sector,…

Taiwo Ajayi January 5, 2024