THE HONOURABLE MINISTER OF STEEL DEVELOPMENT
Prince Shuaibu Abubakar Audu was born to the Late Prince Abubakar Audu in Kogi. He holds a Bachelor’s Degree in Business Economics from the University of Leicester, in the United Kingdom, in 2001. He earned a Master's Degree (M.Sc.) in International Securities, Investment, and Banking (ISIB) from Henley Business School, University of Reading. Audu also obtained a Masters in Business Administration (MBA) from the University of Oxford in 2013, where he was a member of St. Hugh's College.
Prince Shuaibu Abubakar Audu has over 20 years of experience in Corporate and Investment Banking and Wealth Management within the Financial Services Sector. He started his career at the then - Investment Banking and Trust Company Limited (IBTC) in the Global Markets and Treasury Department for two (2) years within the Corporate & Investment Banking Division. He then moved to Stanbic IBTC Pension Managers Limited as one of the pioneer promoters, and together with his colleagues in the Banking Group, they set up the Pension Fund Administrator (PFA), which is currently the largest in Nigeria. They equally set up the Investment Management Desk, and he was later appointed as an Executive Director in the Asset Management Subsidiary.
In 2013–2023, Prince Shuaibu Abubakar Audu became the Chief Executive Officer of the Venture Capital Business at Stanbic IBTC Group. He has worked and garnered experience at various banks, including the Bank of New York Melon in Boston, Massachusetts, USA, and Credit Suisse Global Headquarters in Zurich, Switzerland, amongst others.
Sequel to his vast experience in the private sector over the years, Prince Shuaibu Abubakar Audu decided to bring his experience to bear in governance by showing interest in politics.
He participated in the recently concluded governorship primary election in Kogi State in April 2023 under the All Progressives Congress (APC) before his appointment to the office of the Honourable Minister of Steel Development by President Bola Ahmed Tinubu GCFR on August 21, 2023.
NESG PAYS A COURTESY VISIT TO THE MINISTRY TO FIND AREAS THEY CAN SUPPORT THE MINISTRY TO ACHIEVE THE INDUSTRIALIZATION AGENDA OF PRESIDENT BOLA AHMED TINUBU'S RENEWED HOPE AGENDA USING THE STEEL SECTOR
Middle; The Honourable Minister of Steel Development, Prince Shuaibu Abubakar Audu, on his right is the Permanent Secretary of the Ministry, Dr. Chris Osa Isokpunwu and by the HM left is Mr. Nnanna Ude, Board Member NESG, representing the Chairman, The Nigerian Economic Summit Group(NESG) during a meeting with the Honourable Minister to find areas of collaboration between the NESG and the Ministry. The meeting held in the Minister's conference room
A COURTESY CALL ON THE FORMER PRESIDENT AND THE DEPUTY GOVERNOR IN KADUNA
FORMER PRESIDENT MOHAMMADU BUHARI, GCFR, HONOURABLE MINISTER OF STEEL DEVELOPMENT, PRINCE SHAIUBU ABUBAKAR AUDU, PERMANENT SECRETARY, MINISTRY OF STEEL DEVELOPMENT, DR. CHRIS OSA ISOKPUNWU