FG Unveils Bold Plan to Resurrect Nigeria’s Moribund Steel Industry
[NigerianEye - Nigeria] - 13/08/2025
The Federal Government of Nigeria has announced an ambitious initiative to revive all moribund steel companies across the country, aiming to restore their critical role in national development more than 20 years after a failed privatization effort left the sector in disarray. The announcement was made by President Bola Tinubu, represented by Vice President Kashim Shettima, during the inaugural National Steel Stakeholders’ Summit in Abuja, themed “Rebuilding and Consolidating Nigeria’s Steel Industry: Collaborative Action for Sustainable Growth and Global Competitiveness.”The steel (…)
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