While sadists and the evil ones in APC say the Gej led FG isn't doing "anything", wise investors are keying into the favorable economic policies activated by this same administration. Gej 2015 na you get am.


The Federal Government yesterday commissioned a N60billion integrated steel mill in Shagamu, Ogun State as part of productive activities thrown up by the sectorial implementation of the Nigerian Industrial Revolution Plan.

Minister of Trade & Investment, Olusegun Aganga
Minister of Trade & Investment, Olusegun Aganga

The Minister of Industry, Trade and Investment, Mr. Olusegun Aganga, who commissioned the mill, built by the Standard Metallurgical Company, said Government was committed to repositioning the steel sector to access a substantial share of the global wealth, estimated at $10tn.

He said with the implementation of the right sectorial policies under the NIRP, the number of functioning steel rolling mills in Nigeria had increased to over 21 currently, from less than five a few years ago.

”Before this administration came on board, we had less than five functioning steel rolling mills and no cold rolled steel mill, but today there are more than 15 functioning steel rolling mills producing reinforced bars; about three functioning cold rolled steel mills producing cold rolled flat sheets; and about three producing or about to commence the production of wire coils. This is a visible evidence that our policies are working,” Aganga said.

According to him, steel is at the heart of any country’s economic development and is one of the most important materials widely used for both domestic and industrial purposes throughout the world, hence the priority given to the sector in the NIRP.

He said, “In addition to accelerating the industrial development of a nation, a vibrant steel sector contributes to the growth of the Gross Domestic Product and exploitation of Nigeria’s abundant natural resources.

“A vibrant steel sector also generates economic activities in downstream industries, creates job opportunities and acquisition of technical skills, helps in the transfer of technology and provision of machine parts and tools. This particular project is being executed with 100 per cent locally-sourced raw materials.”

He noted that the establishment of the phase I of SMC’s steel mill and the ground breaking of the phase II of the project would complement the company’s existing investments in the agri-business sub-sector of the country, pointing out that the mill ranked among the largest private sector investments in the steel sector in Nigeria.

Aganga said, “I am assuring existing investors like SMC and prospective ones of Government’s support in the pursuit of self-sufficiency in local steel production. The implementation of game changers in the sector is already opening up a lot of downstream sector activities with the attendant massive job opportunities and economic empowerment for our engineers, technicians, artisans and fabricators alike.

”To date, a number of sectorial policies have been developed under the NIRP. The Sugarcane to Sugar under the National Sugar Master Plan (NSMP) has attracted over $3 billion in investments.


http://www.vanguardngr.com/2015/01/fg-commissions-n60bn-steel-mill-sagamu/

Transformation! GEJ till 2019!!!

He keeps working in face of criticism
ride on mr president

I hope this will not give hyper to the APC weedian cyber mor.ons

The Minister of Industry, Trade and Investment, Mr. Olusegun Aganga, who commissioned the mill built by the Standard Metallurgical Company, said government was committed to repositioning the steel sector to access a substantial share of the global wealth estimated at $10 trillion.

lmao at attache by force. wetin the lazy, useless and incompetent people got to do with private investment? ... I don shittt, thanks to the otuoke dullard for the enabling environment inside my toilet.


These jokers no go kill pesin with lafta....

GEJ doesn't care about the side talks rather he is doing the job he was elected to do. I know he is comingg back till 2019

*Onlooks*

GEJ remains the only option till APC field a better presidential candidate.







.

GEJ still the best!

Buhari will do if (conditional statement), while GEJ is a talk na do president.

Ogun state is a safe haven for private investors; Ogun is arguably the state with the highest number of industries in Nigeria.

It hasa nothing to do with jonathan. Jonathan still remains a failure

Mak I c anybody wey cum here cum sai anybody wey no get sai thieficate. na wondaful, pawaful, love, cute & beuriful tonda go fayaram finish..

















GEJ till boohary understands dat he's carrying statement of result around..

While buhari and his supporters are still thinking of who n who dey have to jail, GEJ is working

Thank you Oga JONA

If uu think GMB should be voted in "click LIKE". If you think GEJ should be voted out "click SHARE"

Mr president is working

transformers till 2019

BeeBeeOoh:
Mak I c anybody wey cum here cum sai anybody wey no get sai thieficate. na wondaful, pawaful, love, cute & beuriful tonda go fayaram finish..

















GEJ till boohary understands dat he's carrying statement of result around..

Sai Baba!
Sai Buhari!
Sai APC!

Unfortunately for you, I was born to worship Thunder!

make thunder fire that gej of a man
we dont have a single steel mill company in east
but he keeps giving those who already has
go to to ikorodu in ogun state,you will be surprised in how many steel mill company there,now he is giving them more.

Gej is a good man
but for this one
make thunder fire him

Its funny when people who have no idea about government and policy formulations suddenly want to start making noise here

and the OP's wount put such information on front page ....obviously there is something amiss