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Nigeria requires N35bn to restart Ajaokuta Light Steel section -minister

The Federal Government says it has reached an advanced stage of raising more than N35 billion required to restart the Light Mill Section (LMS) of the Ajaokuta Steel Company. The Minister of Steel Development, Prince Shuaibu Audu, said this at the Ministerial Sectoral Update on the performance of President Bola…
Abuja Federal Capital Territory Nigeria General Bola Tinubu Shuaibu Audu Steel Development Metallurgical Development Centre

Ajaokuta Steel: FG seeks N35bn to revive light mill section

The Minister of Steel Development, Prince Shuaibu Abubakar Audu, is seeking N35bn funding from financial institutions to re-start the Light Mill Section of the Ajaokuta Steel Plant for diversification of the economy. It said that there are plans to revive the Ajaokuta Steel Plant in phases by its set timelines and benchmarks. Audu, disclosed this […]
Abuja Federal Capital Territory Iulun Maureen Debola Seriki Wole Adeniyi Shuaibu Abubakar Audu Ministry Of Defence

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