As part of the FG efforts to diversify the economy away from volatile oil revenue, it inaugurated the Ajaokuta Presidential Project Implementation Team.
The Ajaokuta deal President Buhari signed with Russia is under investigation after the House of Representatives queried the details of the deal.
Reports have it that Nigeria has lost one million tons of steel manufacturing products and about 30,000 jobs between 2017 and now.
That the Nigerian steel manufacturing sector, arguably the most critical element in the nation’s industrialisation drive, is massively threatened by smuggling and racketeering, is a development government should worry...
Nigeria is blessed with all the major raw materials needed to produce steel.