Email: info@steel.gov.ng
Call: 234-(0)- 703 592 2055
MINISTRY OF
STEEL DEVELOPMENT (MSD)
Federal Republic of Nigeria
Welcome To Ministry Steel Development.
Minister Of Steel Development, Prince Shaibu Abubakar Audu.
Permanent Secretary, Dr. Chris O. Isokpunwu.
On The Line Of Duty.
Steel Production.
Steel Production.

LATEST PRESS


Jun
22
2025

Minister of Steel Development Welcomes Benin President, Patrice Talon to West African Economic Summit

…Reaffirms President Tinubu’s Pledge to National and Regional Economic Growth

The Honourable Minister of Steel Development, Prince Shuaibu Abubakar Audu, on Saturday, June 21, 2025, received the President of the Republic of Benin, His Excellency Patrice Talon, on behalf of the President of the Federal Republic of Nigeria, His Excellency President Bola Ahmed Tinubu, GCFR, who is hosting the ongoing West African Economic Summit in Abuja, Nigeria.

The West African Economic Summit (WAES 2025), themed “Unlocking Trade and Investment Opportunities in the Region,” is aimed at accelerating intra-regional economic growth, enhancing integration and resilience, harmonising trade policies, and removing barriers to intra-African commerce. It also seeks to mobilise investment for critical infrastructure, energy, and logistics; empower women, youth, and SMEs; and strengthen economic resilience through innovation, institutional reforms, and strategic partnerships.

Prince Audu, who joined President Bola Ahmed Tinubu and other Heads of State and Government from across West Africa, described the Summit as a regional amplifier of the Renewed Hope Agenda, reflecting Nigeria’s economic reform efforts within a broader West African framework.

“Mr. President has consistently reiterated his vision to grow the Nigerian economy to $1 trillion before the end of this administration. He has matched his words with action through bold and strategic reforms. Hosting the West African Economic Summit, in his capacity as Chair of the Authority of ECOWAS Heads of State and Government, reaffirms his commitment to regional growth and cooperation.”

“President Tinubu’s vision extends beyond Nigeria to the entire sub-region. This Summit creates a critical platform for dialogue, collaboration, and progress toward shared prosperity in West Africa.”

“At the Ministry of Steel Development, we are fully aligned with the Renewed Hope Agenda and are working tirelessly to contribute meaningfully to both national and regional economic development,” Prince Audu stated.

Apr
23
2025

MINISTER OF STEEL DEVELOPMENT, PRINCE SHUAIBU ABUBAKAR AUDU, COMMISSIONS GALVANISING STEEL PLANT IN LAGOS …Hails African Industries Group for commitment to investing in the Nigerian steel sector. …Says President Tinubu committed to reviving Steel Sector before end of his Administration The Honourable Minister of Steel Development, Prince Shuaibu Abubakar Audu, on Tuesday, April 22, 2025, commissioned the Orbit Galvanising Steel Industries Limited and Orbit Fabrication Works Limited located in Lagos State, a milestone project under the African Industries Group (AIG), describing the project as a landmark achievement in Nigeria’s galvanising and steel fabrication sub-sector. The commissioning of the galvanised steel plant forms part of the Honourable Minister’s working visit to Lagos, where he is engaging with key private sector players in the steel industry, as the Federal Government intensifies efforts to foster private sector participation in driving economic growth. Prince Audu commended the African Industries Group for its commitment to investing in the Nigerian steel sector to advance local manufacturing, create jobs, and economic sustainability which aligns with the Renewed Hope Agenda of President Bola Ahmed Tinubu GCFR, noting that Orbit fabrication has the capacity to produce up to 50,000 metric tons of fabricated towers annually which brings the combined annual production capacity of all tower fabrication companies in nigeria to around 200,000 metric tons per annum. The Minister highlighted the administration’s proactive policies on local content, industrial expansion, and import substitution as key enablers to the success of the project, reiterating the commitment of the Federal Government to reviving the steel sector of the country before the end of the current administration. “This plant which is a pioneer achievement of the African Industries Group in the galvanising sub-sector, has further reinforced the group’s commitment to investing in the Nigerian steel sector with a focus on local manufacturing of different steel products through backward integration for the overall economic development of the country. “In recognition of the importance of galvanized steel products to multiple projects across different industries and the overall economic development of Nigeria, the Federal Government graciously granted concessionary import duties to importance of Galvenised steel products prior to the establishment of this plant. “One of the principal tasks before my ministry under the administration of his Excellency, President Bola Ahmed Tinubu GCFR, is to create an enabling environment for local investments and ensure that there is a level playing field. “The commissioning of this project today is a testament to the efforts of the current administration to rejuvinate the steel sector of the Nigerian economy and i enjoin other prospective investors to emulate African Industries Group,” Prince Audu stated. Mr. Rajah Gupta, one of the Directors of AIG, speaking on behalf of the Chairman of the Company, reaffirmed AIG’s long-standing commitment to Nigeria. He emphasized that AIG, which has operated in Nigeria for over 54 years, remains dedicated to positioning the country among the elite group of nations that produce and export crude steel. “We have made the largest non-oil foreign direct investment in Nigeria, specifically in the steel and mining sectors. To date, the Group has invested over $600 million in an iron-Ore mine for steel production in Gujeni, Kaduna State and is currently producing iron and steel from locally sourced iron ore. Very soon, we will begin exporting locally manufactured BRI (Basic Raw Iron) to other countries,” Mr. Gupta stated. He further explained that the company’s manufacturing strategy is driven by the goal of import substitution—transforming local raw materials into finished goods, thereby conserving foreign exchange for the nation. As part of his official engagements, the Honourable Minister paid a courtesy visit to the Lagos State Government, where he was warmly received by the Deputy Governor, Dr. Kadiri Obafemi Hamzat. During the visit, Prince Audu informed the Deputy Governor of his intention to tour steel facilities in the state to better understand the challenges faced by private sector players and explore ways the government can support them. “We are here to seek continued collaboration and support from the Lagos State Government. More importantly, we aim to work harmoniously with the state, considering that over 60% of private steel investors are based in the Lagos and Ogun axis. “This partnership is crucial, and I commend both you and the Executive Governor Babajide Sanwo-Olu for your dedication to implementing the Lagos State Development Plan. Lagos is not only a mega city, it is one of Africa’s top 5 economies and plays a pivotal role in Nigeria’s overall economic growth. President Bola Ahmed Tinubu has laid a clear development blueprint for Lagos, and your administration has carried that vision forward with excellence,” Prince Audu said. In response, the Deputy Governor thanked the Minister for his visit and expressed the Lagos State Government’s commitment to collaborating with the Federal Ministry, particularly in addressing the concerns of steel companies operating within the state.

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Apr
17
2025

NIGERIA, SOUTH AFRICA SIGN PACT ON MINING DEVELOPMENT In a bid to solidify the partnership fostered through the Nigeria–South Africa Bi-National Commission—recently inaugurated by President Bola Ahmed Tinubu and President Cyril Ramaphosa—the Ministers of Solid Minerals of both nations have signed a Memorandum of Understanding (MoU) outlining key areas of cooperation, complete with implementation timelines. During a bilateral meeting at his office in Abuja, the Minister of Solid Minerals Development, Dr. Dele Alake hosted South Africa’s Minister of Mineral Resources and Energy, H.E. Gwede Mantashe. Dr. Alake described the engagement as a milestone in deepening bilateral relations, especially in the vital mining sector. Reflecting on the historical ties between the two countries, Alake noted the longstanding diplomatic and economic cooperation built on mutual respect and a shared vision for Africa’s development. He stressed that collaboration in the mining sector offers vast opportunities for industrialization, job creation, and sustainable growth across the continent. “The Memorandum of Understanding in geology, mining, and mineral processing signed today,” Alake stated, “will serve as a cornerstone for facilitating knowledge and technology transfer, investment promotion, capacity building, regional integration, and value addition.” Key Highlights of the MoU Include: Capacity building in geological applications using Unmanned Aerial Vehicles (UAVs) Utilization of Multi- and Hyper-spectral Remote Sensing Technologies for mineral exploration and geological mapping Sharing of geoscientific data on strategic minerals through the Nigeria Geological Survey Agency (NGSA) Training on mineral processing and value addition Capacity Building on Elemental Fingerprint Technology using LA-ICP-MS Exploration of Agro and Energy Minerals In Nigeria   Alake emphasized Nigeria’s renewed focus on developing its mining industry, stating that South Africa could benefit from Nigeria’s vast mineral wealth, while Nigeria could tap into South Africa’s advanced mining expertise. This synergy, he said, would open doors to investment, skills development, and economic diversification. In his remarks, H.E. Gwede Mantashe affirmed that South Africa—where mining plays a central role in the economy—stands to gain from Nigeria’s revitalized interest in the sector. He added that his visit aimed to fine-tune agreements from the Bi-National Commission and to deepen collaboration on mutually beneficial projects with Nigeria’s Ministry of Solid Minerals Development. Both ministers committed to sustained engagement and collaboration to boost intra-African trade and deliver on the actionable steps outlined in the MoU. They expressed confidence that this renewed partnership would significantly enhance the mining sectors of both countries. The MoU signing was attended by the Minister of Steel Development, Shuaibu Audu; Permanent Secretary of the Ministry of Solid Minerals Development, Dr. Mary Ogbe; Permanent Secretary of the Ministry of Steel Development, Dr. Chris Isokpunwu; alongside senior officials from both solid minerals and steel development ministries and members of the South African delegation led by H.E. Gwede Mantashe.

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PRINCE SHAIBU A. AUDU
Honorable Minister
Federal Ministry of Steel Development
DR. CHRIS O. ISOKPUNWU
Permanent Secretary
Federal Ministry of Steel Development

Vision

“To have a virile sustainable and inclusive steel industry that can compete globally and be driving for industrial and economic growth of our country while maintaining internationally acceptable standard”

Mission

“To ensure industry and Government strengthen the capability and competitiveness of Nigeria steel industry to achieve self sufficiency in steel production by providing policy support and guardian and to help mitigate potential challenges and barriers that are preventing the growth of Nigeria steel industry”

OTHER NEWS


Oct
24
2024

UBA MAIGIARI EXIT MINISTRY OF STEEL

...amid glowing tributes.

His Excellency, Uba Maigari Ahmadu, former Minister of State, Ministry of Steel Development departs the Ministry amid glowing tributes from Management and Staff of the Ministry.

In a farewell ceremony organised by the Ministry of Steel Development, Maigari Ahmadu, who has been deployed as Minister of State, Ministry of Regional Development, disclosed that everything he was able to achieve as Minister of State, Ministry of Steel Development came through collective effort.

Speaking passionately about some of the programmes initiated by him, like the on-going Registration for the Bootcamp Training Programme for Nigerian Youths, he stated that the steel and metals sector, if properly harnessed has great potential for the economic growth of the country.

He appreciated Management and Staff for their unflinching support in the 14 Months he spent as Minister of State of the Ministry.

Prince Shuaibu Abubakar Audu, Honourable Minister, Ministry of Steel Development, in his remarks, said that he was thankful for the partner/ brother working relationship they had. He noted that the “big brother” relationship afforded him the opportunity to tap into his tremendous wealth of experience in Public Service.

Extolling the former Minister of State, Uba Maigari Ahmadu as calm, gentle and wise, the Permanent Secretary of the Ministry, Dr. Chris Osa Isokpunwu assured that the Ministry will ensure that the objective of the Boot-Camp initiated by him would be realized and wished him well in his new assignment.

 


Sep
23
2024

FG IN ITS EFFORTS TO ACTUALISE THE ADMINISTRATION’S 8-POINT AGENDA OF RENEWED HOPE, HAS PLEDGED ITS COMMITMENT TO STRENGTHEN BILATERAL RELATIONS WITH THE PEOPLE’S REPUBLIC OF CHINA FOR DEEPENED ECONOMIC COOPERATION THAT WILL BE MUTUALLY BENEFICIAL TO BOTH COUNTRIES

The Vice President, Kashim Shettima, who was represented by the Minister of State, Ministry of Steel Development, His Excellency Uba Maigari Ahmadu, stated this at the Mid Autumn Festival and Chinese National Day Celebration held in Lagos between 22nd to 24th September 2023.

The Minister reiterated Federal Government’s dedication to further strengthening economic cooperation with China that will lead to expanding trade opportunities and exploring new avenues for investment and technological cooperation. Noting that the Chinese business relationship with Nigeria will bring greater socioeconomic benefits to both nations.

Speaking further, he stressed the need for better investment climate, improved infrastructure development, eased business conditions that will open more opportunities in Steel Development, Agriculture, Renewable Energy, Technology as well as Communication. He emphasized Federal Government’s readiness to ensure responsible business practices that will further deepen the collaboration, as according to him, engaging in responsible business practices is crucial for long-term success.

Earlier, Mr. Guo Pengwen, the Commercial Consul at the Chinese Consulate, disclosed that both countries has a high volume of bilateral trade between them. According to him, Nigeria ranks third in bilateral trade and second in trade and importation. He noted that the exchange of goods and services has diversified Nigeria’s export base and strengthened overall economic stability in sectors such as infrastructure development, telecommunications, agriculture, energy, manufacturing, and transportation. Stating that these projects have not only improved Nigeria’s transport networks but also created employment opportunities and enhanced connectivity within the country.

Also speaking at the event, Dr. Eric Ni, Chairman of the China Industrial and Commercial Enterprises Association, highlighted the flourishing economic cooperation between China and Nigeria. He said both countries have recognized the immense potential for mutual beneficial partnerships, leading to significant Chinese investments in various sectors of the Nigerian economy. Noting that these investments have contributed to economic growth, job creation, and technological advancement.

PUBLIC ANNOUNCEMENT


Oct
17
2024

BOOT-CAMP TRAINING PROGRAMME FOR NIGERIAN YOUTHS

The Ministry of Steel Development invites applications from existing and aspiring artisans for a one-month intensive boot-camp training programme.

OBJECTIVE: Empower Nigerian youths with advanced technical skills in:

1. Welding & Fabrication

2. Industrial Foundry & Metallurgy

3. Instrumentation Control & Mechanical Maintenance

BENEFITS:

- Expert training and mentorship

- Equipment support for business growth

- Job creation and sustainable livelihoods

ELIGIBILITY: Nigerian Youths (ages 18-40) interested in the metals industry

DURATION: One month

APPLICATION DETAILS: To apply, interested applicants should follow the link below

BOOT-CAMP TRAINING PROGRAMME FOR NIGERIAN YOUTHS

DEADLINE: 30th October, 2024


Steel Price

PHOTO NEWS


Jun
22
2025

HONOURABLE MINISTER OF STEEL DEVELOPMENT MAKING AN APPEARANCE ON TVC NEWS BREAKFAST SHOW

The Honourable Minister of Steel Development, Prince Shuaibu Abubakar Audu (middle); his Special Assistant (Media), Lizzy Okoji (2nd right) with TVC Crew during the Minister's appearance on TVC News Breakfast Show

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PHOTO NEWS


Jun
22
2025

MINISTER OF STEEL DEVELOPMENT WELCOMES BENIN PRESIDENT, PATRICE TALON TO WEST AFRICAN ECONOMIC SUMMIT

Honourable Minister of Steel Development, Prince Shuaibu Abubakar Audu and President of the Republic of Benin, His Excellency Patrice Talon

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