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Russia to Help Nigeria Revamp Ajaokuta Steel

Steel News - Published on Wed, 11 Sep 2019

Image Source: Punch
Punch reported that Nigeria’s Federal Government has intensified efforts at ensuring that sections of the Ajaokuta Steel Company Limited start production before the end of 2019. Nigeria’s Minister of Mines and Steel Development Mr Olamilekan Adegbite met Russian Ambassador Mr Alexey Shebarshir in Abuja on Tuesday. Russian envoy declared at the meeting that Russia is ready to partner the Federal Government to revamp the ailing company

The minister also informed the ambassador that Nigeria would welcome Russia’s collaboration in the quest to resuscitate the company. He said, “The government is ready to embrace any collaboration aimed at revitalising the steel industry to operate in full capacity. The Federal Government is working round the clock to ensure that sections of the company start production before the end of the year.”

He added that the revitalisation of Ajaokuta Steel was of utmost concern to the present administration.

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Posted By : Amom Remju on Wed, 11 Sep 2019
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