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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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
