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.
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”
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.
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.
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
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
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