Inner Galaxy Steel Company Limited, a Chinese firm, plans to invest $300 million in establishing a new steel plant in Ogun State to produce specialized steel products.
The Ministry of Steel Development has launched a boot-camp training programme aimed at empowering Nigerian youths with advanced technical skills to boost the metals industry in the country.
The Federal Government of Nigeria, through the Ministry of Steel Development, has signed a Memorandum of Understanding (MoU) with a Russian consortium for the rehabilitation, completion, and operation of the Ajaokuta Steel Company Limited and the National Iron Ore Mining Company (NIOMCO).
The Minister of State for Steel Development, Hon. Maigari Ahmadu has disclosed plans by the Ministry to combat the problem of food insecurity by building greenhouse farms using scrap metals from abandoned vessels across Nigeria’s waterways.
