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


Feb
13
2026

AJAOKUTA, ACCOUNTABILITY AND THE LIMITS OF CONFRONTATION: WHY SENATOR NATASHA AKPOTI-UDUAGHAN GOT IT WRONG

The recent heated exchange between Senator Natasha Akpoti-Uduaghan and the Minister of Steel Development, Prince Shuaibu Audu, during the joint budget defence session of the National Assembly has once again drawn national attention to the long-suffering Ajaokuta Steel Company. While robust oversight is a constitutional duty of lawmakers, the tone, framing, and substance of the senator’s intervention raise important questions about method, motive, and maturity in public discourse.
No one disputes that Ajaokuta Steel Plant is a national tragedy of stalled ambition. For over four decades, successive governments have pledged to revive it. Billions of dollars have been expended with little to show. It is therefore understandable that emotions run high whenever the plant is discussed. However, passion must not eclipse prudence, especially in a forum as consequential as a joint budget defence session.

Senator Akpoti-Uduaghan’s comparison of Ajaokuta’s funding needs with the proposed 750-kilometre coastal road project—reportedly costing ₦15 trillion—was rhetorically striking but fundamentally flawed. National budgeting is not a zero-sum emotional contest between projects. Infrastructure priorities are determined by strategic economic frameworks, sectoral projections, financing structures, and long-term development plans. The coastal road, whether one agrees with it or not, is a transportation and logistics infrastructure project expected to unlock coastal economies and attract private capital. Ajaokuta, on the other hand, is a heavy industrial project with complex technical, legal, and financial entanglements spanning decades.

To juxtapose both projects as though one automatically undermines the other oversimplifies Nigeria’s economic planning process. It creates a false dichotomy and fuels public resentment rather than constructive debate. Ajaokuta’s revival requires clarity of ownership, technology partnerships, commercial viability studies, and credible financing models—not rhetorical comparisons designed to inflame.

Furthermore, questioning “the government’s real intention” in reviving the plant suggests bad faith without presenting concrete evidence of sabotage or insincerity. Oversight should interrogate timelines, procurement processes, and measurable deliverables. It should not descend into insinuations. When lawmakers imply hidden motives without substantiation, they risk eroding public trust in institutions rather than strengthening them.

The senator also criticized the committee for holding meetings and engaging with the media, suggesting that these efforts have yielded minimal impact. Yet legislative oversight often begins with consultations, stakeholder engagements, and policy reviews. A project as legally entangled as Ajaokuta—especially after arbitration disputes and international contractual complications—cannot be revived by fiat. It requires deliberate restructuring. Public hearings and media engagements are part of democratic accountability, not evidence of inaction.
Perhaps most contentious was her reference to the 2019 Nigeria–Russia bilateral agreement, under which $1.45 billion was reportedly pledged for Ajaokuta. Her caution that the minister should not “mislead Nigerians” implies that he may have misrepresented the status of that agreement. While transparency is essential, such accusations should be supported by documentary clarity rather than delivered in confrontational soundbites.

International agreements are often subject to renegotiation, feasibility assessments, and sovereign guarantees. A pledge is not the same as disbursed capital. Many bilateral memoranda of understanding never translate into cash-backed commitments. If the Russian facility remains contingent or conditional, it is legitimate for the minister to explain its current status without being accused of dishonesty. To frame policy complexities as deception risks politicizing what should be a technical discussion.
There is also the matter of decorum. Budget defence sessions are not campaign rallies. They are structured engagements where ministers present fiscal plans and legislators scrutinize them. Heated exchanges may generate headlines, but they do little to foster collaborative solutions. Nigeria’s steel sector has suffered not just from funding deficits but from policy inconsistency and political theatrics. What it needs now is stability.

It is worth noting that Minister Shuaibu Audu assumed office within a broader reform agenda aimed at repositioning the mining and steel sectors as pillars of economic diversification. His tenure, still relatively recent in the lifespan of Ajaokuta’s decades-long stagnation, cannot be solely blamed for historical inertia. Demanding immediate transformation of a project that has been dormant for over 40 years ignores the structural realities involved.

Constructive oversight would involve requesting detailed implementation timelines, insisting on performance benchmarks, and proposing legislative support mechanisms such as special purpose vehicles, concession frameworks, or public-private partnerships. It would not rely primarily on dramatic comparisons or adversarial posturing.

Moreover, public confidence in Ajaokuta’s revival depends on unified messaging from political leaders. Investors—local and international—observe these proceedings. When they see discord framed as distrust between legislative and executive arms, it reinforces perceptions of instability. Industrial megaprojects require investor confidence anchored in predictable governance.

This is not to suggest that Senator Akpoti-Uduaghan should remain silent. On the contrary, her constituency in Kogi Central has a legitimate interest in Ajaokuta’s success. Her advocacy for the plant is understandable and commendable in principle. However, advocacy must be strategic. Effective lawmakers build coalitions, engage quietly where necessary, and apply pressure through structured channels. Confrontation for its own sake may win applause in partisan circles but rarely accelerates complex industrial reforms.
The revival of Ajaokuta demands less grandstanding and more governance. It requires technical audits, credible investors, dispute resolution mechanisms, and political alignment. It also requires acknowledging that no single minister or senator can single-handedly fix what decades of mismanagement created.

In the end, Nigerians deserve transparency, realism, and responsibility. They deserve leaders who debate vigorously yet respectfully, who challenge figures with facts rather than insinuations, and who recognize that economic transformation is a marathon, not a media moment.
Senator Akpoti-Uduaghan’s passion for Ajaokuta is not in question. What is in question is whether her approach during the budget defence advanced the cause of steel revival or merely amplified political friction. At a time when Nigeria seeks industrial rebirth, the country needs statesmanship more than spectacle.

Ajaokuta is too important to become a stage for antagonism. It must instead be the arena for collaboration, clarity, and credible commitment. Only then can the promise of Nigeria’s steel dream move from perpetual debate to practical delivery.

Mar
06
2024

FG TO COMMENCE PRODUCTION OF MILITARY HARDWARES IN AJAOKUTA AS STEEL, DEFENCE MINISTRIES SET TO SIGN MOU The Federal Government has taken steps to begin the production of military hardwares in the Ajaokuta Steel Complex, as the Ministries of Steel Development and Defence are set to sign a Memorandum of Understanding (MOU) for the implementation. The Minister of Steel Development, Prince Shuaibu Abubakar Audu, and the Minister of State, Defence, His Excellency Dr. Bello Matawalle disclosed this after a meeting on Wednesday, at the Ministry of Defence, Abuja. According to Prince Audu, the collaborations between both Ministries under his leadership and the Ministers of Defence will bring to fruition the vision of the renewed hope agenda of President Bola Ahmed Tinubu GCFR geared at reviving the Ajaokuta Steel Complex for steel production for several purposes, including military hardwares. The Minister of Steel Development said that the Ajaokuta Steel complex has various engineering workshops with the capacity to produce hardwares for the military under the Defence Industries Cooperation of Nigeria (DICON) Act. “Today is a day that we have all waited for under the renewed hope agenda with the coming to fruition of a partnership between both ministries, the Ministry of Steel Development and the Ministry of Defence. “There are a number of things we have agreed on, including signing an MoU so that DICON and Ajaokuta Steel Company Limited can partner to produce military hardwares such as rifles, vests, helmets, and bullets, among other things, in the Ajaokuta Steel Complex. “Ajaokuta has the facility to also accommodate a military barracks. There are over 10,000 housing units in Ajaoukuta, of which only 3,000 to 4,000 are occupied. “We will put together a quality Memorandum of Understanding that will be well implemented, and we are confident of the outcomes," Audu said. In his remarks, the Minister of State, Defence, said that all that has been agreed upon for the production of military hardwares and a Military Industrial Complex in Ajaokuta was in line with the renewed hope agenda of Mr. President. Metawalle further assured Nigerians of the soon-to-be take-off of the Ajaokuta steel complex in maximum capacity, as he encouraged local partners to come on board. Metawalle said that “today, we have agreed on so many things, including the review of the MoU signed in 2020 between DICON and the National Metallurgical Development Centre (NMDC), which would now be between both ministries (government to government). “Both Permanent Secretaries of the Ministries will come up with a draft agreement, and we will have continuous and regular meetings so that great ideas can be put together in the agreement.". The Permanent Secretary of the Ministry of Steel Development, Dr. Mary Ogbe, lauded both ministers for their commitments towards the revival of the Ajaokuta Steel Complex. Ogbe also assured the ministers of their support as civil servants to their political will. “If we have a common goal, we can achieve it. Nothing will make Nigerians happier than to see Ajaokuta come to light again. On a similar note, Permanent Secretary, Ministry of Defence, Dr. Ibrahim Abubakar Kana described the meeting as a landmark achievement which would bring forth monumental development to the steel industry and Defence architecture of the country. Kana said that all hands would be on deck to actualize the agreement for the eventual production of military hardwares in Ajaokuta steel complex, and the establishment of a military industrial complex in Ajaokuta.

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Feb
29
2024

FG GEARED TOWARDS SUSTAINABLE RESEARCH DEVELOPMENT IN STEEL SECTOR The Honourable Minister of Steel Development, Prince Shuaibu Abubakar Audu has reiterated Federal Government’s commitment to improve the country’s economy and grow the Gross Domestic Product through the Steel Sector, by ensuring it establish a sustainable research system for the development of the sector. Prince Audu who was accompanied by the Permanent Secretary, Dr. Mary A Ogbe made this known during his Working Visit to the National Metallurgical Development Centre (NMDC), Jos, Plateau State between Wednesday 28th and Thursday 29th February, 2024. The Minister while emphasizing the need for research in the steel industry, noted that the Sector can only be kept in position to serve its manifold purposes through determined searching and probing that would lead to discovery and improvement products and services in the steel sector. He disclosed that: “The National Metallurgical Development Centre is not just a historical asset, it is a strategic research engine for the nation’s steel industry. This is because no nation can really develop without the development of its steel industry, and pivotal to the development of the steel industry is Research”. Also, he disclosed that the Centre’s mandate to offer research and development inputs necessary for the development of the mining, minerals and allied sectors, with specific focus on the steel industry in Nigeria is very strategic, noting that the center is the only one of its kind in the West African sub-region with integrated facilities to carry out mineral evaluation, metallurgical processes, adaption and improvement, mineral and metal testing and environmental pollution studies. He added that the center has the capacity to proactively support the growth of the nation’s economy by developing local capacities along the mineral value chain activities, given the right impetus. Speaking further, Prince Audu revealed that the Research & Development of NMDC activities will be geared towards the domestication of Research findings into productive Small and Medium Scale ventures, as according to him, SMEs are the micro drivers of the economy, noting that going forward, the Centre shall undertake targeted research projects that aims to solve existing industry needs, so as to enable us utilize locally, the various metallurgical raw materials that Nigeria is endowed with. He tasked members and staff of the Centre to work together to reposition the Steel and other Metals Sector to attain its pride of place as the bedrock of industrialization and implored them to renew their commitment, drive, focus, and dedication towards supporting the Ministry to actualize its mandates. In her remarks, the Permanent Secretary, Dr. Mary A. Ogbe enjoined the staff to be disciplined and adhere to rules in the discharge of their duties and ensure they work as a team to promote the National Metallurgical Development Centre for optimal productivity. Earlier, the Director General of the National Metallurgical Development Centre Prof. Linus Asuquo, reiterating that without research Steel can not roll, noting that the Research Centre is a unique Agency in the Steel and Metals Sector that its activities are crucial in value addition and development processes in the entire Steel processing chain, from exploration to extraction and to fabrication. Prof. Asuquo while reeling out the numerous achievements of the Centre as well as some of its challenges, expressed optimism that with the leadership of the Ministers and Permanent Secretary, the NMDC would become a Centre of Excellence in Minerals and Metals Research that will be at par with other Steel Research Centres in the world. In a related development, the Honourable Minister during a courtesy visit to the Executive Governor of Plateau State, His Excellency Caleb Mutfwang stated that the purpose for the visit to the State was to get an on-the-spot assessment of the National Metallurgical Development Centre in order to ascertain its challenges and opportunities and proper possible solutions that will ensure that the research Centre operate at full capacity as well as seek collaboration with the Plateau State Government in reviving the Jos Steel Rolling Mill now known as the Zuma Steel Rolling Mill in the State. He added that the Ministry is committed towards fulfilling its mandate of revitalising the Steel Sector for the benefit of Nigerians. In his remarks, the Executive Governor of Plateau State, His Excellency Caleb Mutftwang assured of the State willingness to synergise with the Federal Government in reviving the Steel Sector for the growth of the economy. He stated that the State would directly benefit from the revival of the Steel Sector as according to him, the Jos Steel Rolling Mill when in full operation will create thousands of direct and indirect jobs for the teeming Jos citizens. The Honourable Minister during the working visit to Jos, Plateau State, also paid a courtesy visit to the Gbong Gworm Jos as well as had a facility tour of the Zuma Steel Rolling Mill.

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Jan
11
2024

PRESIDENT TINUBU RECEIVES BRIEF ON $10 BILLION INVESTMENT PROSPECTS IN NIGERIA’S STEEL SECTOR President Bola Tinubu, on Thursday, at the State House in Abuja, held a meeting with the Minister of Steel Development, Prince Shuaibu Abubakar Audu, and the Minister of Defence, Alhaji Mohammed Badaru, during which he received briefing on investment prospects in the steel sector. The President emphasized that a revitalized steel development industry is both a catalyst for robust economic growth and a doorway to immense opportunities for Nigeria’s massive pool of talented entrepreneurs. “We will remain unyielding in our determination to build a Nigeria where every citizen has an equal opportunity to prosper and achieve their dreams. New investments in steel production will spur the growth of so many sectors. Industrialization will be a reality in our country with sufficient energy and steel. Nigerian steel will undergird our economy and other economies in our region in future years. I am glad that members of my cabinet have adopted my approach to attracting new investments and job opportunities for our people. Hard work is the only true pathway. We will not relent,” the President stated. The Ministers informed the President of their discussions with a Chinese company, Luan Steel Holding Group, to build a new steel plant in Nigeria, as well as to commence the production of military hardware in Ajaokuta Steel Plant. A delegation led by the Minister of Defence and the Minister of Steel Development had visited Hefei and Guangzhou regions of China to hold business talks with the Chairman of Luan Steel Holding Group, Mr Wang Jianbing; the Chief Executive Officer of the Company, Mr Xiao Weizhan, and other senior executives of the Luan Steel Holding Group. The Chinese company is expected to invest billions of dollars in Nigeria to build the new steel plant. The Minister of Steel Development briefed the President, following his approval to restart the Light Steel Mill (LSM) section of Ajaokuta Steel Complex for the production of iron rods, on the progress made on restarting the section, which will cost N35 billion at the first stage. The Minister said several financial institutions had already provided offer letters for this transaction and that the project is expected to create up to 5,000 direct and indirect jobs for Nigerians. The Minister of Steel Development also informed the President of discussions with the representatives of Jindal Steel Group of India. Jindal Steel Group had indicated interest in investing up to $5 billion in a new steel plant in Nigeria on the sidelines of the G20 meeting in New Delhi, India, in September, 2023, and is now considering to either acquire existing plants or set up greenfield plants. According to the Minister, upon the completion of these deals, about $10 billion worth of new investments in both new and existing steel plants in Nigeria will be established, which will create over 500,000 direct and indirect jobs in the steel industry in line with President Tinubu’s Renewed Hope Agenda for massive job creation through industrialization.

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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”

PUBLIC ANNOUNCEMENT


The attention of the Federal Ministry of Steel Development has been drawn to recent media reports regarding the future of the Ajaokuta Steel Company Limited (ASCL).
While we note the concerns expressed, it is important to state that the Federal Government remains firmly committed to the development of Nigeria’s steel sector, including the resuscitation of ASCL.

A comprehensive technical and financial audit of the plant is presently underway to ensure that any decision taken is transparent, data-driven and in the best interest of Nigeria. The overall assessment of the previous technical audit report dated 2018 maintained that the general status of the Steel Plant is in robust condition except for normal deterioration of replaceable parts and recommended automation of manual control systems for improved efficiency.  The Ministry remains confident that the updated audit will provide a sound basis for decisive action that advances Nigeria’s industrial aspirations.

The Federal Government is determined to build a competitive and modern steel industry that supports national industrialization and infrastructure growth.

Salamatu Jibaniya
Head, Press and Public Relations Department
for:  Ministry of Steel Development

 


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PHOTO NEWS


Feb
13
2026

2024/2025 BUDGET APPRAISAL AND 2026 BUDGET DEFENCE DRIVE STEEL SECTOR OVERSIGHT

Prince Shuaibu Abubakar Audu, Honourable of Steel Development (L) with Honorable Dr. Zainab Gimba (R), Chairman, House of Representatives Committee on Steel Development during the Ministry's appearance before the House of Representatives Committee on Steel for the Appraisal of the 2024/2025 Budget Performance and the Defence of the 2026 Budget Proposal of the Ministry, held on Thursday 12th February 2026 in Abuja.

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PHOTO NEWS


Feb
11
2026

STEEL MINISTER AND SENATE COMMITTEE LEADERS MEET FOR 2024/2025 BUDGET APPRAISAL AND 2026 BUDGET DEFENCE AT NATIONAL ASSEMBLY

Senator Natasha Akpoti-Uduaghan, Vice-Chairman, Senate Committee on Steel;  Senator Patrick Ndubueze, Chairman Senate Committee on Steel and the Honourable Minister of Steel Development, Prince Shuaibu Abubakar Audu during the Ministry's appearance before the Senate Committee on Steel Development for the Appraisal of the 2024/2025 Budget Performance and the Defence of the 2026 Budget Proposal of the Ministry

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