The Road to Ajaokuta Steel Company Revival: A Comprehensive Review
The House of Representatives Committee on Steel Development, under the leadership of Chairman Zainab Gimba, is embarking on a thorough review of all audit reports pertaining to the Ajaokuta Steel Company. This process aims to guide legislative efforts towards the comprehensive revival of the steel complex.
During an oversight visit to the Ministry of Steel Development, Gimba highlighted the importance of assessing past evaluations, including those conducted during former President Obasanjo’s administration. Minister Mohammed Audu reassured the committee of the government’s transparent procurement process.
Gimba emphasized the committee’s commitment to following legislative processes diligently to ensure the successful revival of Ajaokuta Steel Company. The steel sector, deemed crucial for Nigeria’s industrial growth, is expected to play a vital role in the country’s economic development.
Despite challenges faced by the Ajaokuta Steel Complex over the years, the government remains dedicated to its revitalization, aiming to boost local industrial capacity and reduce reliance on imported steel.
Stay tuned as the House Committee and the Ministry work hand in hand to transform the steel sector and pave the way for a brighter industrial future for Nigeria.
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