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
PHOTO NEWS
A MAIDEN WORKING VISIT OF THE PERMANENT SECRETARY TO NMDC, JOS ON THURSDAY 4TH - FRIDAY 5TH SEPTEMBER, 2025
Left, The Permanent Secretary, Ministry of Steel Development, Dr. Chris Osa Isokpunwu, Right is his host, The Director General/Chief Executive, National Metallurgical Development Center (NMDC), Jos, Engr. Prof. Linus O. Asuquo, on the occasion of the Maiden Working Visit of the Permanent Secretary to NMDC, Jos
PHOTO NEWS
2ND INTERNATIONAL RAILWAY CONFERENCE & EXPO 2025 WITH THE THEME: OPPORTUNITIES & CHALLENGES IN RAILWAY DEVELOPMENT IN AFRICA
The Hon. Minister, Steel Development, Prince Shuaib Abubakar Audu attended the 2nd International Railway Conference & Expo 2025 with the Theme: Opportunities & Challenges in Railway Development in Africa being organised by the Ministry of Transportation led by Hon. Minister, Sen. Saidu Ahmed Alkali on 15th and 16th September 2025 at the Abuja Continental Hotel.
