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Shuaibu Audu

Energy

Nigeria imports $4bn worth of steel annually — Minister

The Minister of Steel Development, Shuaibu Audu, says Nigeria currently imports steel worth four billion dollars annually. Audu said this during a familiarisation visit to the National Metallurgical Development Centre (NMDC) in Jos on Thursday. He said that 70 percent…

NewsDirect
March 1, 2024

Energy, News

FG to raise N35bn for Ajaokuta light steel

The Federal Government is to raise about N35 billion for the Ajaokuta Light Steel mill through the local financial market. Mr Shuaibu Audu, Minister of Steel Development, disclosed this to State House Correspondents after a meeting with President Bola Tinubu…

NewsDirect
January 11, 2024