The
Minister of Steel Development, Shuaibu Audu, on Wednesday, disclosed a
three-year resuscitation plan for Ajaokuta Steel Company.
He also noted that the task ahead is enormous to ensure the sleeping steel
giant is awakened and running.
Meanwhile, the
minister said it will be an achievement to produce steel even though in small
volume before the end of the first or second term of President Bola Tinubu.
He also disclosed
that Russians, Americans, Chinese, Arabs, and others are showing interest in
Ajaokuta Steel Company Limited, and said they accompanied him to see the
project.
He said: “For more
than 40 years we have this steel plant in Nigeria and one of the largest in
West Africa, which has not functioned.
“But the President
knows that in order to industrialize Nigeria we need to get the steel industry
working and we need to get the steel plant which is the largest in the land to
work as well.
“And if you look back
into history, the United Kingdom, UK, had their own industrial revolution the
1900s
“So the President’s
vision is for Nigeria to start an industrial revolution with his renewed hope
agenda if we are able to get this plant to work.