MINISTER OF STEEL DEVELOPMENT VISITS AFRICAN NATURAL RESOURCES AND MINES LIMITED, REINFORCING FG’S COMMITMENT TO REVIVING THE STEEL INDUSTRY
...Congratulates company on its $600 million investment in an Iron-Ore mining site to facilitate Steel production in Nigeria

The Honourable Minister of Steel Development, Prince Shuaibu Abubakar Audu, on Thursday, September 6, 2024, visited the African Natural Resources and Mines Limited (ANRML), Gujeni Village, Kagarko LGA, Kaduna State reinforcing the commitment of the Federal Government to reviving the steel and metals sector in the country.

Prince Audu commended the company on its huge investment in Nigeria and for operating in the Country since 1971, which has contributed to the economic development of the country, noting that ANRML will play a significant role in the ongoing steel sector revival efforts of the Renewed Hope Agenda of President Bola Ahmed Tinubu GCFR.

He also lauded ANRML for the 900-hectare Iron-Ore mining facility where they invested about $600 million for backward integration to facilitate the production of steel.

The Minister said that the vision of the current administration is to ensure that all comatose steel plants become operational and for Nigeria to begin steel production before the end of the tenure of President Tinubu, reiterating his commitments to delivery of the vision of Mr. President.

“It is very clear that this edifice exemplifies the Renewed Hope Agenda of President Bola Ahmed Tinubu whose plan is to grow the economy to over $1 trillion by 2030. Steel is the catalyst for industrialisation, and I commend the Africa Industries Group (AIG) for their important role in taking Nigeria to the next level.

“I am pleasantly surprised you have been doing business since 1971. I appreciate the Group for believing in the country and creating thousands of jobs, employing in excess of 10,000 staff across the country.

“I am urging the company to invest more to meet our local demand for steel. 10 million metric tonnes are being imported into the country, so this company has a role to play in reversing that trend.

“The President is very serious about turning around the steel industry, including the revival of Ajaokuta Steel Company and the National Iron Ore Mining Company, Itakpe. We have plans to build an industrial park in Ajaokuta that will house a Free Trade Zone and CNG park.

“We need more huge foreign direct investments to reduce pressures on FX and to help us create 80 million jobs in the country under the Renewed Hope Agenda of Mr. President. So, thank you for making such a huge investment in Nigeria,” Prince Audu said.

The Group Managing Director of Africa Industries Group, Alok Gupta, thanked the Honourable Minister for his visit, which shows his support to indigenous companies operating in Nigeria, expressing confidence in the revival of the steel and metals sector under the leadership of the Honourable Minister.

Mr. Gupta said that the factory is a testament that local validation shows the possibilities of the country.

“I thank you for your pledge to support indigenous companies in Nigeria. We are confident we will see a revival in the Nigerian steel industry. We stand by your commitment to the production of high quality steel in the country,” Gupta said.

LAGOS HOSTS STAKEHOLDERS' VALIDATION ENGAGEMENT ON DRAFT METAL POLICY 2026

The Honourable Minister of Steel Development’s representative, Mr. Ime Eprikpo, Director, Metallurgical Raw Material Development and Investment Promotion Department (centre), flanked by Mr. Christopher T. Wanje, representative of the Permanent Secretary and Director, Metallurgical Inspectorate & Environmental Protection Department, on his immediate left, Mr. John Egaji, Founding President, National Association of Scrap and Waste Dealers Employers of Nigeria with others during Day-One of the Stakeholders’ Validation Engagement on the Draft Scrap Metal (Collection, Trading, Recycling and Regulation) Policy 2026

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THE HONOURABLE MINISTER OF STEEL DEVELOPMENT, PRINCE SHUAIBU ABUBAKAR AUDU (L), RECEIVES A BIRTHDAY CARD ON BEHALF OF THE MANAGEMENT AND STAFF OF THE MINISTRY FROM THE PERMANENT SECRETARY, AMB. NURA ABBA RIMI, DURING THE MINISTER’S BIRTHDAY CELEBRATION HELD IN THE MINISTER'S OFFICE TODAY, FRIDAY 6TH NOVEMBER 2026

The Honourable Minister of Steel Development, Prince Shuaibu Abubakar Audu (L), receives a birthday card on behalf of the Management and Staff of the Ministry from the Permanent Secretary, Amb. Nura Abba Rimi, during the Minister’s birthday celebration held in the Minister's office today, Friday 6th November 2026

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