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.

Apr
08
2025

MINISTER OF STEEL DEVELOPMENT, PRINCE SHUAIBU ABUBAKAR AUDU, PRESENTS LETTER OF APPOINTMENT TO THE NEW MD OF AJAOKUTA STEEL COMPANY The Honourable Minister of Steel Development, Prince Shuaibu Abubakar Audu, on Monday, April 7, 2025, officially received the newly appointed Managing Director of the  Ajaokuta Steel Company Limited (ASCL), Prof. Nasir Naeem Abdulsalam and presented him with his appointment letter following the handover by the former Acting Sole Administrator, Engr. Kanwai Joseph, to the new leadership. Speaking at the handover ceremony held at the Minister’s office in Abuja, Prince Audu expressed confidence in Prof. Abdulsalam’s ability to lead Ajaokuta Steel Company in alignment with the “Renewed Hope Agenda” of President Bola Ahmed Tinubu, GCFR, for the revival of the moribund steel plant. The Minister also extended his appreciation to the outgoing Acting Sole Administrator, Engr. Kanwai Joseph, commending his dedication to duty all through his almost 35 years of service at the Steel Plant where he rose from an entry level engineer to the healm of affairs at the Steel Plant as acting Sole Administrator in the last six months. “I congratulate the newly appointed Managing Director of Ajaokuta Steel Company Limited, Prof. Nasir Naeem Abdulsalam, a seasoned academician and Professor of Geophysics and someone well-acquainted with the steel sector, having served as my Technical Adviser prior to this appointment. “Reviving Ajaokuta Steel Plant is a collective project. It is not something the Minister, Permanent Secretary, or Managing Director can achieve alone. All hands must be on deck as it requires the concerted efforts of all stakeholders to realise Mr. President’s vision for the revival of Ajaokuta Steel Plant and the broader steel sector. “I assure you that the revival of Ajaokuta Steel and the entire Steel Sector is well underway. Following the signing of the Memorandum of Understanding (MOU) with the original Equipment Manufacturers (OEM) in Moscow, Russia in September last year, we are on the verge of carrying out the technical and financial audit of the Complex and other critical processes so as to bring in investors and suitors from the various options available through a privatization process as directed by Mr. President. Our role is to consolidate these gains and present viable options for Mr. President’s approval. “I wish you Godspeed as we work together towards the successful revival of Ajaokuta Steel Plant,” Prince Audu stated. Permanent Secretary, of the Ministry, Dr. Chris Osa Isokponwu, also congratulated Prof. Abdulsalam on his appointment, urging him to prepare for the enormous task ahead while assuring him of the Ministry’s full support. “It will not be an easy task; you are facing a challenge of over 45 years. The good news is that you have a Minister who is fully committed to the success of Ajaokuta’s revival,” Dr. Isokponwu stated. In his response, Prof. Abdulsalam expressed gratitude to President Bola Ahmed Tinubu for entrusting him with this significant responsibility and thanked the Honourable Minister for his support and collaborative spirit. He also commended the Minister for the remarkable strides taken in less than two years in office and also giving him the opportunity to serve as his Technical Adviser prior to his appointment, stating that the groundwork laid by the Minister has positioned him for success. “Our fundamental goal is to work together to realise Mr. President’s vision for the revival of Ajaokuta Steel Plant. I am fully prepared to deliver on this mandate with the support of the Honourable Minister, the Permanent Secretary, and the entire team at the Ministry of Steel Development. I pray and I am confident that Ajaokuta will come alive in our time,” Prof. Abdulsalam stated. The outgoing Acting Sole Administrator, Engr. Kanwai Joseph, praised the Minister’s decision to engage the original builders of the steel plant, describing it as the most strategic move in his 35 years of service at Ajaokuta. He noted that if this step had been taken earlier, the steel plant would have been revived long ago.

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Mar
21
2025

NIGERIA TO PRODUCE 10M TONNES OF STEEL ANNUALLY TO REDUCE IMPORT -Discloses partnership with DICON for production of Military hardware The Minister of Steel Development, Prince Shuaibu Abubakar Audu, has said that under the Renewed Hope Agenda of President Bola Ahmed Tinubu, their target is to produce 10 million metric tonnes of steel annually so as to significantly reduce the country’s reliance on imported steel. “Once our plans are fully implemented in the next five years, we will achieve all our objectives,” he said. He spoke in Kaduna on Thursday, while on a visit to the National Steel Raw Materials Exploration Agency (NSRMEA) and the Defence Industries Corporation of Nigeria (DICON).The Minister also paid a courtesy call on the Governor of Kaduna State, Senator Uba Sani, who was represented by the Deputy Governor, Dr. Hadiza Balarabe. The Minister who said Nigeria imports about $4 billion worth of steel annually,underscored the need for import substitution so as to reduce pressure on foreign exchange. Describing NSRMEA as a cornerstone in the Federal Government’s plan to grow Nigeria’s economy to $1 trillion by 2030,Minister Audu said “for Nigeria to produce steel in large quantities as we desire, it is very important that the exploration arm of the industry is operating at full capacity.” He said previous assessments ranked NSRMEA as one of the best-performing agencies under his ministry, and commended the agency for its performance. According to him, plans were underway to partner with the Ministry of Defence and the Defence Industries Corporation of Nigeria (DICON) to produce military hardware in Nigeria. He said one of President Bola Tinubu’s key objectives is the rehabilitation of Ajaokuta Steel Company. “We are working towards integrating military hardware production into the complex as part of a broader plan to establish a military-industrial complex in Nigeria.An MoU had already been drafted and shared with DICON, pending presidential approval,” he added. He said the administration would reposition the steel sector in Nigeria, even as they planned to organize Nigeria’s inaugural steel summit to organize stakeholders who would develop a comprehensive blueprint for the steel industry’s growth and development. According to him, the Metallurgical Industry Bill, has passed its second reading at the House of Representatives.”The bill, once passed and signed into law, will provide a regulatory framework for both private and corporate steel players, ensuring proper governance and development of the sector.” “The Federal Government is attracting foreign direct investments (FDI) into the steel industry… President Tinubu was in New Delhi in September 2023, where a commitment was made for the production of five million metric tonnes of steel in Nigeria.” “In addition, a Chinese company, Galaxy, is investing $300 million in a steel plant in Ogun State. These investments will expand Nigeria’s steel production capacity..The ministry is working on a 5-10 year roadmap for the steel industry, incorporating best practices from other countries.”

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Mar
06
2025

FG Begins 3-Batch Comprehensive Youths Welding Boot-Camp Training In order to empower Nigerian Youths with essential skills for employment and entrepreneurship, the Federal Government through the Ministry of Steel Development, has commenced a 3-Batch comprehensive Boot-Camp Training Programme on welding.  It is aimed at equipping young individuals with practical competencies in welding techniques and knowledge crucial for contributing to the nation’s industrial growth. This was disclosed by the Permanent Secretary, Dr. Chris Osa Isokpunwu, during the flag-off of the First-Batch of the Ministry's Boot-Camp Training for Nigeria Youths in Onitsha, Anambra State, on Thursday, 6th March 2025.  According to him, the initiative marks a significant step in the Ministry's commitment to develop a skilled workforce, fostering industrial growth, and promoting sustainable development within Nigeria’s metallurgical and steel sector.  He said that the Ministry, under the leadership of the Honourable Minister, Prince Shaiubu Abubakar Audu, has taken deliberate steps to reposition the steel and metals industry as a cornerstone of the nation’s economic transformation.  The Ministry, he said, recognized that achieving the goal requires not only infrastructural investments but also the empowerment of human capital—hence the need for the intensive bootcamp training. Dr. Chris, in a statement by Tine-Iulun M A, Assistant Director (Information & Public Relations), on behalf of the Head, (Information & PR),  revealed that the programme is designed to equip selected participants with hands-on skills, technical knowledge, and industry insights crucial for advancing the Nigerian metallurgical landscape. He said that in the next few weeks, the participants will undergo rigorous training in welding and fabrication, industrial foundry and metallurgy, and instrumentation, system control, and mechanical maintenance. He noted that the objective is to bridge skill gaps, promote innovation, and enhance the employability of the nation's youths within the steel critical sector. On the importance of the training, he said "this boot-camp is not just about learning; it is about discipline, resilience, and teamwork. I must emphasize that all participants are expected to adhere strictly to the laid-down rules and guidelines.  "The Ministry has made provisions for accommodation, feeding, and starter packs for all trainees. However, any form of misconduct—including indiscipline, violation of safety regulations, or engagement in prohibited activities such as drug use or possession of weapons—will result in immediate disqualification and forfeiture of benefits. The Permeant Secretary expressed pleasure that the participants arrived early for the camp, enabling them to settle in and prepare for the rigorous and impactful training ahead.  He admonished them to use the opportunity to position themselves as future leaders in the steel and metallurgical sector.  "I urge you to embrace this training with enthusiasm, remain focused, and take full advantage of the knowledge and experience that will be shared with you" Speaking, Chairman, Senate Committee on Steel, Distinguished Sen. Patrick Ndubueze, stated he was pleased to be part of the epoch-making event which is geared towards empowering the nations teeming youths to be self-reliant by acquiring extensive skills training in Welding and Fabrication, Industrial Foundry/Metallurgy, Instrumentation/Control System and Mechanic Maintenance.  Represented by Hon. Greg Owurmanam, Sen. Ndubueze commended the Ministry of Steel Development and all relevant Agencies who have contributed to the success of the Boot-Camp Training and enjoined the participants to give maximum attention and cooperate with the trainers to acquire the expected knowledge and skills designed for the programme. Earlier, Director Metallurgical Inspectorate, Engr. Frederick E.Ewa, giving the Overview of the Metal Sector Boot-Camp Training Programme, stated that the initiative, championed by the Ministry of Steel Development, is a strategic effort to empower young Nigerians with hands-on technical skills, foster industrial growth, and bridge the manpower gap in the nation’s steel sector. Engr. Ewa stated that the Bootcamp Training Programme is an intensive, hands-on technical training aimed at equipping participants with critical skills in three specialized areas: Welding and Fabrication; Industrial Foundry and Metallurgy Instrumentation, System Control, and Mechanical Maintenance. He noted that over the course of training, participants will be exposed to real-world practical sessions, industry best practices, and safety protocols, all of which, according to him, are essential to ensuring high-quality output in the metallurgical sector.  He encouraged trainees to be fully engaged in every session and abide by all rules and regulations, as misconduct of any kind will not be tolerated. In his welcome address, the Director/Ag. Chief Executive, Metallurgical Training Institute (MTI), Onitsha, Engr. Dr. F.U. Obi, said the training represented a bold and strategic effort by the Ministry to equip young Nigerians with high demand technical skills that are essential for the nation's industrial growth, adding that the Boot-Camp is not just for training but intended to build the next generation of skilled professionals and entrepreneurs who will drive the nation's steel and manufacturing industries forward.  According to Engr. Obi, the choice of Metallurgical Training Institute Onitsha, as venue for the Boot-Camp was deliberate.  For decades, he noted, the MTI has been at the front of technical and vocational education in Nigeria, producing skilled professionals who have made remarkable contributions to the steel industry.

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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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