Ajaokuta was established in the 70's during former president sheu shagari's regime, since then it has been in a comatose state, No continuity, No much progress so far.
It good to know that The GDP of any Nation is directly proportional to the quantity of metals produced or consumed in that Nation. The moment a nation takes serious cognisance of the steel sector the better it is for the country. Iron and steel is very Imperative for Industrialisation. A country that can boast of its Iron and steel, is invariably at the edge of Becoming a manufacturing nation. Developed nations like the United States became a manufacturing nation, the moment where it not just discovered but utilised it iron and steel sector which brought about rapid industrialisation for them. In a developing nation like Nigeria, diversification of the Nation into the Iron and steel sector would be a gain not just for Employment reasons but also enhances it's GDP. In some places in Nigeria, Where we have cases on structural Integrity failure would be minimised, because no Country would be able to use us as a dumping ground, China over six years ago has been among the top world producers and exporters of steels, ditto to that has made them to export both standard and sub-standard product. Unfortunately Nigeria is one of the nation where Substandard steel product are been exported to because of our Inability to produce our own iron and steel, which in turn leads to most of this structural integrity failure we have around today .if we could produce our own Iron and steel very carefully, this would lead to lesser failure analysis, and we won't just be producing to encourage the manufacturing sector, but also Exporting our produce to other countries which in turn increase our GDP...

Can you all please give additional reasons why Ajaokuta steel company must be revatilized??

Mod. Pls can you move this to the front page let people be informed.

Kk

Better