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


Nov
27
2025

Nigeria and Kingdom of Saudi Arabia Deepen Strategic Partnership in the Steel Sector

The talks bordered on strengthening Bilateral Relations between the two countries in the areas of industrial development, strategic investment partnership as well as enhancement of commercial activities as it relates to the Nigerian Steel Sector. 

During discussions, the Honourable Minister of Steel Development, Prince Shuaibu Abubakar Audu enumerated some of the great strides achieved by the Ministry in the last two years. 

The visit was facilitated by Spectre Trans-Trade Global, Consultant to the Embassy of Nigeria in Rabat, Morocco.

Dec
19
2024

STRENGTHENING TEAMWORK AND RESTORING GLORY: MSMD AND MSD HOLD END-OF-YEAR STAFF TOWN HALL MEETING In a bid to strengthen team synergy, performance and address staff welfare, the Permanent Secretaries of the Ministry of Solid Minerals Development (MSMD), Dr Mary Ogbe, and the Ministry of Steel Development (MSD), Dr Chris Isokpunwu have convened a joint end-of-year Town Hall Staff Meeting on December 19, 2024, at the Ministries' Headquarters in Abuja. The meeting sought to understand the specific concerns and priorities of the workforce, focusing on addressing issues that can be feasibly resolved within the Ministries' current financial limitations. This effort reflects the leaderships' dedication to supporting staff welfare and improving workplace conditions, even in the face of budgetary challenges. Dr Ogbe acknowledged the remarkable achievements in the Ministries realized through staff dedication and urged them to continue striving for excellence, emphasizing that diligence attracts divine blessings.  She urged the team to deeply reflect on the words of the Civil Service Anthem, emphasizing that its values—integrity, dedication, and patriotism—serve as a guiding light for excellence. By embodying these principles in their daily tasks, she inspired staff to contribute meaningfully toward restoring the dignity and glory of the civil service. Dr Isokpunwu emphasized the importance of work-life balance, urging employees to prioritize tasks by distinguishing between urgent and important responsibilities. This approach helps reduce stress, improves focus, and enhances both personal well-being and professional efficiency. The Permanent Secretary also reminded staff of the mandatory Thursday Performance Management System (PMS) assessment sessions, highlighting their importance in evaluating staff performance, identifying areas for improvement, and ensuring alignment with the Ministry's goals. The event featured a talk on achieving work-life balance, emphasizing strategies to manage professional responsibilities without compromising personal well-being. In his remarks, the Chairman, Joint Negotiation Council, Mr Peter Okafor, appealed for the reintegration of the annual celebration for outgoing staff into next year’s work plan to honor their contributions. This Town Hall served as a reminder of the Ministries' commitment to nurturing a motivated workforce, while restoring the pride and dignity of the civil service.

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Nov
21
2024

MINISTRY OF STEEL DEVELOPMENT IS DRIVING STRONG INITIATIVES TO REVIVE THE STEEL INDUSTRY  The Honourable Minister of Steel Development, Prince Shuaibu Abubakar Audu, has said that the Ministry is driving strong initiatives to revive the steel industry and ensure that the sector becomes operational and a great contributor to the economic diversification goals of the “Renewed Hope Agenda” of President Bola Ahmed Tinubu GCFR. Prince Audu made this known whilst delivering his Ministerial Address at the opening of the 2024 Mining Week on Tuesday, November 19, 2024, in Abuja with the theme “From Inside Out: Building the Mining Sector to be the Cornerstone of Nigeria’s Economy.” The Honourable Minister said that in just fifteen months since the creation of the Ministry, it had made historic milestone achievements to actualize the vision of President Tinubu to make the steel sector a major contributor to a $1 trillion economy by year 2030. He added that the signing of the Memorandum of Understanding (MoU) between the Federal Government and the original builders of the Ajaokuta Steel Plant, TPE and its consortium, in September 2024 in Moscow, Russia, was a great feat in the revival efforts of the Ajaokuta plant, which has been comatose for over four decades. “We have taken this mandate since assumption of office on August 21, 2023, with every sense of responsibility and the following milestones/activities were recorded; “We recently signed an MoU with the original builders of the Plant, Messrs. TPE and their partners in Moscow, Russia. The procurement process for the selection of the technical audit firm has been completed, and the auditing of the entire plant will commence before the end of the year. “We are having high level discussions with the Ministry of Defence and Defence Industry Corporation of Nigeria (DICON) to also sign an MoU for the production of major input materials for the manufacturing of military hardware’s using the Five (5) Engineering Workshops in ASCL. “On reviving the Aluminum Smelter Company of Nigeria (AlSCON), a high-level executive meeting with Mr. President was held in July 2024, and we were given a matching order to ensure that all issues encumbering the commencement of operation be resolved. “We are collaborating with the National Assembly Committees on Steel Development for quick passage of the following bills: the National Metallurgical Training Institute, Onitsha Establishment Bill; Metallurgical Industry Bill; and amendment of National Steel Council Act. “We have developed an in-house Ten (10) year sectoral Roadmap for the sustainable growth of the sector with a target production of 10 million tons of Crude Steel and other metallic products annually. The final Roadmap document would provide guidance to all industry players and prospective investors on the policy direction of the Federal Government of Nigeria,” Audu said. Declaring the event open, President Bola Ahmed Tinubu GCFR assured of the commitment of the Federal government to reposition the Solid Minerals, Mining, Steel and Metals Sectors within the shortest possible time. President Tinubu, who was represented by the Minister of Innovation, Science, and Technology, Chief Uche Geoffrey Nnaji, commended the Minister of Solid Minerals Development, Dr. Dele Henry Alake for the remarkable strides in the sector under his leadership. “I urge all stakeholders to harness this momentum and work together towards our common vision. Under the capable guidance of Minister Dele Alake, the Ministry of Solid Minerals Development has set a standard that promises prosperity for every Nigerian. Let us continue this journey with unity, ambition and the conviction that Nigeria’s mineral wealth will transform our nation’s future. “Together, we will make Nigeria’s mining sector a cornerstone of national pride and a pillar of sustainable development for generations to come. May our efforts be blessed, and may Nigeria’s future be bright,” President Tinubu stated. Minister of Solid Minerals Development and lead host of the event, Dr. Dele Henry Alake, said that the Solid Minerals Sector has recorded significant transformation under the Renewed Hope Agenda of President Bola Ahmed Tinubu GCFR by putting new policies in place. Also present at the event were the Minister of Budget and Economic Planning, Sen. Abubakar Atiku Bagudu CON, Minister of Defence, Mohammed Badaru CON, Minister of Information and National Orientation, Mohammed Idris, Chairman Senate Committee on Solid Minerals Development; Sen. Ekong Samson, Chairman House of Representatives Committee on Solid Minerals; Hon. Jonathan Gaza Gbefoi; Hajiya Hadiza Bala Usman, Special Adviser to the President on Policy Coordination, among others.

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Oct
30
2024

MINISTER OF STEEL DEVELOPMENT WOOS FOREIGN INVESTORS TO STEEL, METALS SECTOR AS NIGERIA PARTICIPATES IN INTERNATIONAL MINING CONFERENCE IN AUSTRALIA ….says Nigeria Remains Prime Investment Destination in Africa As the Federal Government moves to attain a vibrant steel and metals sector, the Honourable Minister for Steel Development, Prince Shuaibu Abubakar Audu, has called on global players in the sector to choose Nigeria as a prime investment destination in Africa. Prince Audu made the call while speaking at the ongoing International Mining and Resources Conference (IMARC) holding in Sydney, Australia, from October 29 to October 31, 2024, highlighting the huge benefits of investing in Nigeria under the Renewed Hope Agenda of President Bola Ahmed Tinubu GCFR. The Honourable Minister, who led a team from the Ministry of Steel Development, which included the Permanent Secretary, Dr. Chris. Osa Isokpunwu and other directors to the conference, is also meeting with top officials of the Australian government and chief executives of industry players on the sidelines to source funding for Nigeria’s Steel and Metals Sector. Delivering a presentation themed “The Nigerian Metallurgical Industry: An Unfolding Frontier of Global Investment Haven," Prince Audu stated that this was the first time in the country’s history that the government has established a ministry with a sole focus on the steel industry, noting that in August 2023, President Bola Ahmed Tinubu GCFR established the Ministry of Steel Development to serve as a catalyst to fast-track Nigeria’s industrialisation process and significantly contribute to the Gross Domestic Product (GDP) of the country for sustainable economic growth. The Honourable Minister stated that since the creation of the Ministry in just one year, a lot has been achieved in the sector, and most importantly, creating an enabling environment with incentives for foreign investments to thrive in the country. Highlighting why Nigeria is the key destination for steel investment, Prince Audu stated that lying underneath the nation’s soil are vast raw material reserves: Iron Ore, Dolomite, Coal, Limestone, Manganese, Nickel, and other resources, adding that Nigeria was strategically located in Africa, thus providing access to domestic and regional market place. “We are gathered here not only to discuss challenges and opportunities within our global marketplace but also to showcase the immense potential that Nigeria holds as a prime destination for investment. As one of Africa's largest economies, Nigeria is rich in natural resources and possesses a youthful, dynamic population eager for innovation and growth. Our strategic geographic location serves as a gateway to the vast markets of both Africa and beyond. “The current administration of President Bola Ahmed Tinubu GCFR which is driving a Renewed Hope Agenda in the country has created an enabling business environment and undertaken bold reforms to engender industrial growth such as: Tax Holidays, Rural Location Incentives, Export Expansion Grants (EEG) Scheme, Gas Utilization Incentives, Investment Allowances, as well as put in place zero-duty on imported mining and steel spare parts machines. “Investing in Nigeria is not just a possibility but a strategic choice that presents lucrative opportunities for investors and stakeholders alike. From our robust resources and advancing infrastructure to our commitment to sustainable development and technology adoption, Nigeria stands ready to be your partner in success. “Let us embark on this journey together as we explore the vast potential that lies within our earth and tap into the remarkable opportunities that awaits you in Nigeria,” Minister Audu stated. The International Mining and Resources Conference (IMARC) is Australia’s largest mining event, connecting global mining and steel sector leaders.

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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


Nov
27
2025

STRENGTHENING NIGERIA–KINGDOM OF SAUDI ARABIA BILATERAL COOPERATION IN STEEL DEVELOPMENT

Prince Shuaibu Abubakar Audu (R), Minister of Steel Development with Migren Al Maliki (L), Representative of the Kingdom of Saudi Arabia Foreign Trade for West Africa and Morocco during a courtesy visit to the Ministry's Headquarters on the 26th of November 2025 in Abuja

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PHOTO NEWS


Nov
11
2025

HONOURABLE MINISTER OF STEEL DEVELOPMENT, PRINCE SHUAIBU ABUBAKAR AUDU DURING THE LAUNCH OF THE ENTERPRISE CONTENT MANAGEMENT SYSTEM (ECMS) FOR THE MINISTRY OF STEEL DEVELOPMENT

Honourable Minister of Steel Development, Prince Shuaibu Abubakar Audu during the launch of the Enterprise Content Management System (ECMS) for the Ministry of Steel Development

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