FG Spent N1trn On Steel Imports In Nine Months Federal Government has spent $1.038 trillion on iron and steel imports in the last nine months. In a similar fashion, the Federal Government pumped N21.3 billion into the moribund Ajaokuta Steel Complex between 2016 and early 2022. The...

No Foreign Investor Can Make Ajaokuta Steel Complex Work - Dr. Kamoru Yusuf         In this interview with journalists, the Chairman Basic Metal, Iron and Steel and Fabricated Metal Products sector of the Manufacturers Association of Nigeria (MAN), Dr. Kamoru Yusuf, speaks on the impending issues...

The Minister of Mines and Steel Development, Dr. Kayode Fayemi, has said the country is spending over $3.5bn yearly on the importation of steel products. Fayemi, who stated this while addressing newsmen after a meeting with stakeholders in the mining sector in Lagos, announced that...