President Buhari orders completion of Ajaokuta steel company

Written by  November 25 2019 font size decrease font size increase font size 0
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Minister of Mines and Steel Development, OLAMILEKAN ADEGBITE, says President MUHAMMADU BUHARI has given a marching order to his ministry for the completion of Ajaokuta Steel Company.

ADEGBITE disclosed this in Abuja during an interactive session with newsmen on the proposed Nigerian solid minerals downstream workshop.

“For the past three months, we have been doing everything possible to ensure we make progress and we are happy to let the nation know that the president has given us full backing in this assignment.

“The support given by the president include political backing to ensure that Ajaokuta works and by the grace of God it will work soon,” he said.

The minister also said part of the directives by President BUHARI was for the sector to solve long intractable problems bedeviling the solid minerals and to ensure Nigeria could rely on the sector to diversify its economy.

Adegbite explained that one of the steps taken was the current process of developing the Nigerian Downstream Mineral Policy.

According to him, the policy is first of its kind in the history of the country.

“The downstream mineral policy will trigger the nation with a clear diversification blue print in a sustainable manner, especially for the revamping of Ajaokuta steel company.

“And also effective harnessing of the abundant minerals endowment spread across the 36 states and the Federal Capital Territory (FCT).

“As part of the process leading to the revamping of the entire solid minerals sector, we are sensitising key stakeholders, especially large investors of this novel initiative for the development of solid mineral downstream value chains.

 

“This will help to create massive jobs, wealth and industrialisation.

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