The partnership hopes to also commence the building of military hardware in the Ajaokuta Steel Plant.

The Head Press and Public Relations Department of the Ministry of Steel Development, Salamatu Jibaniya made this known in a statement.

She said this formed the crux of the visit by a delegation of the Minister of Steel Development, Prince Shuaibu Audu, Minister of Defence, Alhaji Mohammed Badaru and the Permanent Secretary of the Ministry of Steel Development, Mary Ogbe in their tour of Luan Steel Holding Group in Hefei and Guangzhou Regions of China.

Jibaniya said Prince Audu stated that the trip to China is one of the steps being taken to realise the goals of reviving the Steel Industry in Nigeria in line with the Renewed Hope Agenda of President Bola Tinubu.

She said, according to Prince Audu, work has commenced to create an operational Steel Industry that would attract billions of dollars of foreign direct investments into the country, open up the nation’s economy, and create hundreds of thousands of job opportunities, which form the core of the renewed hope agenda.

He further noted that building Military hardware in the Ajaokuta Steel Plant is also timely, considering that Nigeria is faced with security challenges. Adding that this would help in the fight against insecurity and terrorism.
She added: “We had very meaningful discussions with the Chairman of Luan Steel Holding Group, Mr Wang Jianbing, the Chief Executive Officer of the Company, Mr Xiao Weizhan, and other senior Executives of the Luan Steel Holding Group.

“Like several other international and local investors, Luan Steel Holding Group has indicated interest in setting up a new Steel Plant in Nigeria, as well as handling a component of the Ajaokuta Steel Plant for building military hardware in Nigeria.

“The Minister of Defence and I led this delegation, which includes the Permanent Secretary of the Ministry of Steel Development, Dr Mary Ogbe, Sole Administrator/Managing Director of Ajaokuta Steel Company, Mr Sumaila Abdul-Akaba, to enable us to have a first-hand look at the Luan steel plants before arriving at a decision.

“With all the commitments on the ground, we are optimistic that before the end of President Tinubu’s administration, we will commence commercial Steel Production in some of the government-owned entities in Nigeria.”

https://thenationonlineng.net/fg-partners-china-for-new-steel-plant/

I hope this solves the Ajaokuta problem.

Enough of these "gbese" we are collecting from china in the name of white elephant projects abeg.

The rail they have constructed for us isn't self sustaining to pay for itself.

The other loans have all been looted with no project in sight.

There was a time I even heard that our iron ore is not even the quality type that's why we are not even exporting it in its crude form.

Steel should be a National Security Project. It is a must and we should attain self-sufficiency in steel production.

President Trump declared Steel production a critical National Security products for the USA.

MadamExcellency:
Steel should be a National Security Project. It is a must and we should attain self-sufficiency in steel production.

President Trump declared Steel production a critical National Security products for the USA.

You are right.

matify83:
Enough of these "gbese" we are collecting from china in the name of white elephant projects abeg.

The rail they have constructed for us isn't self sustaining to pay for itself.

The other loans have all been looted with no project in sight.

There was a time I even heard that our iron ore is not even the quality type that's why we are not even exporting it in its crude form.

Shut up.

Always a spoiler coming in to talk rubbish.

“No projects in sight” indeed.

You will see the projects from your veranda or dirty bedroom.

Idiot.

Kushites:


Shut up.

Always a spoiler coming in to talk rubbish.

“No projects in sight” indeed.

You will see the projects from your veranda or dirty bedroom.

Idiot.

Are you so full of invectives to make a reasonable counter contribution to the discuss?

I will not wallow in the mire from which your tirade streams.

Continue to constitute yourself a nuisance in a faceless forum

MadamExcellency:
Steel should be a National Security Project. It is a must and we should attain self-sufficiency in steel production.

President Trump declared Steel production a critical National Security products for the USA.

Very true

I don't take this guy's serious again.it is only when the president is serious about it I will take them serious.

matify83:


Are you so full of invectives to make a reasonable counter contribution to the discuss?

I will not wallow in the mire from which your tirade streams.

Continue to constitute yourself a nuisance in a faceless forum

When you wildly tell lies about “no projects in sight” and claim the loans “were looted” with ZERO evidence to back your claims, you are inviting insults to yourself.

So shut up.

matify83:
Enough of these "gbese" we are collecting from china in the name of white elephant projects abeg.

The rail they have constructed for us isn't self sustaining to pay for itself.

The other loans have all been looted with no project in sight.

There was a time I even heard that our iron ore is not even the quality type that's why we are not even exporting it in its crude form.

My brother I tire, nah that rail own they weak me. The railway but already is not self sustaining and we taking more loans to build more.

Dem don dey start their deceiving for this year again

ElSudani:
I hope this solves the Ajaokuta problem.

your hope will be RENEWED.

Kushites:


When you wildly tell lies about “no projects in sight” and claim the loans “were looted” with ZERO evidence to back your claims, you are inviting insults to yourself.

So shut up.

So, all this overdrive that efcc has suddenly gone into is for nothing?


The quantum of monies looted from foreign loans is not commensurate to the projects on ground.

Was it not here we were told that the Aso rock clinic extension will gulp 21 billion naira, an amount that could build a full fledged teaching hospital?

Please don't act naive, you are definitely not a "stranger in Jerusalem "

Have you travelled recently, most of the roads that FEC kept awarding contracts on are pile of mud with no work done.

Follow the Dutch rider on i"tchy boots" as she navigated Nigeria and you will weep for our roads.

I rest my case

I hope this is not the usual APC Audio...we will cross our fingers and watch,God bless the good people of Nigeria.

Government should just hand over Ajaokuta to the Chinese,also two of those scrap metals called Refineries should be given to the Chinese
By the time they remove all these "monument" from our borrowings,our National debt would have reduced drastically
Kindly check my signature for good properties with good titles around Ibeju Lekki Industrial Hub

ElSudani:
I hope this solves the Ajaokuta problem.

Ajaokuta problem is very massive. That plant will not function in many years to come.

You guys shouldn't think this move will revive ajaokuta. Not in many years. Before that place goes full blast. The coal sector have to start full mining operations.

Nicepoker:
Ajaokuta problem is very massive. That plant will not function in many years to come.

Not in the hands of people who know what they are doing.

At the end, you employ Nigerians, you maltreat them and underpay them, no health insurance, nothing.

ElSudani:


Not in the hands of people who know what they are doing.

Before any furnace is fired in ajaokuta. Coal, iron ore and limestone mining in Nigeria have to commence full operations.