The Minister of Steel Development, Prince Shuaibu Abubakar Audu, has revealed the Federal Government’s plan to make the proposed Ajaokuta Industrial Park attract foreign direct investment and 500,000 jobs in three years.

Audu disclosed this during his maiden visit to the Ajaokuta Steel Company Limited (ASCOL) on Wednesday, taking a tour of the steel complex.

He also pledged his commitment to ensure steel production from the multi-billion dollar investment project of the Federal Government under a three-year plan.

The Minister, who was accompanied on the trip by the Permanent Secretary of the Ministry, Dr Mary Ogbe, staff of the ministry, and some foreign investors, said the visit was aimed at giving him first-hand knowledge of the problems stopping production in the company in a bid to proffer solutions.

He said President Bola Ahmed Tinubu has also taken an interest in the resuscitation of the steel complex by appointing him as the pioneer Minister to show the world the importance of steel development to industrialization.

“We want to thank the President, Bola Ahmed Tinubu, for having the vision to create a Steel Development Ministry. Over the past 40 years, we had the largest steel plant in Nigeria and one of the largest in West Africa, which has not functioned. Still, the President knows that we must get the steel industry working to industrialize Nigeria.

“In line with the 8-point agenda of the ‘Renewed Hope mantra’ of President Bola Ahmed Tinubu, one of the key elements are job creation, diversification of the economy and attracting Foreign Direct Investment. If we can revitalize Ajaokuta, it will help us achieve this. This key point agenda will also help us eradicate poverty.

“To achieve this, we have put together two documents. A three-year plan for the revival of Ajaokuta Steel Company, which will have a small and medium-term term plan.

“Part of the things is the roadmap to designate the 24,000 hectares land of Ajaokuta an industrial park, to create a free trade zone to attract Foreign Direct Investment further.

“My job is to try and ensure that all those typical issues that have held the plant from producing will be resolved. And by the first term of this administration, if we can produce some sheet of steel, it will be a significant achievement.

“I have taken an extensive tour of the complex and plants, and there are lots of opportunities that if we can unlock, we will be able to create over 500,000 jobs, which will benefit kogites a bit more importantly, Nigerians. This will also guarantee that everyone benefits from the renewed hope agenda of President Bola Ahmed Tinubu.

“I am being accompanied here today by investors ready to put their expertise to ensure this steel company works.

“We have the Russians, Americans, Arabs and Chinese who are interested. They have come to show their desire to conduct an advanced technical audit to see what needs to be completed.

“After my findings from here, we will forward everything to Mr President for approval,” Audu said.

https://.ng/2023/10/05/fg-targets-500000-jobs-foreign-direct-investment-with-ajaokuta-industrial-park/

We pray it works this time. Tinubu is out for business.

Nonsense
Everything na we will. Future impossible terms. Stupid people
You can only fool una Emilokan bastards not sane people like me

THIEF and a certificate forger

benuejosh:
We pray it works this time. Tinubu is out for business.

He is a criminal and a drug pusher
Both good can come out from such a thief

For how long?

AdamuKD:

He is a criminal and a drug pusher
Both good can come out from such a thief

What good has ever come out of your family?

benuejosh:
What good has ever come out of your family?

At lest, we are better than your family that birthed a criminal and a zombie like you that doesn't have any sense of reasoning

benuejosh:
What good has ever come out of your family?

AdamuKD:

At lest, we are better than your family that birthed a criminal and a zombie like you that doesn't have any sense of reasoning

Wittyness