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FG, Stellar Steel Sign $400m Deal to Boost Local Steel Production

FG, Stellar Steel Sign $400m Deal to Boost Local Steel Production

PHOTOSPEAK: Honourable Minister of Steel Development, Prince Shuaibu Abubakar Audu and Vice Chairman of RSIN Group Mr. You Xiastian, during the Signing of a Joint Strategic Cooperation Declaration with Stellar Steel Company Limited in the Honourable Minister’s Office in Abuja on Tuesday 28th October, 2025. ‎The Federal Ministry of Steel Development has signed a Joint...

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Steel Ministry Debunks Fake Reports, Says FG Fully Committed to Development of Steel Sector.

Steel Ministry Debunks Fake Reports, Says FG Fully Committed to Development of Steel Sector.

‎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.‎‎...

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FG Urges Collaborative Efforts on Rebuilding Nigeria’s Steel Industry for Sustainable Growth.

FG Urges Collaborative Efforts on Rebuilding Nigeria’s Steel Industry for Sustainable Growth.

Paulina Ogar, Abuja. President of the Federal Republic of Nigeria, Asiwaju Bola Ahmed Tinubu GCFR had earliar today urged Nigerians to ensure collaborative efforts to towards rebuilding the nation’s Steel Industry.This declaration was made during the National Steel Summit organised by the Ministry of Steel Development in Abuja Nigeria. Represented by the Vice President, Kashim...

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STEEL: FG, DEVELOPMENT PARTNERS AND INTERNATIONAL DONOR AGENCIES PARTNER FOR SECTOR’S DEVELOPMENT/NATIONAL GROWTH.

STEEL: FG, DEVELOPMENT PARTNERS AND INTERNATIONAL DONOR AGENCIES PARTNER FOR SECTOR’S DEVELOPMENT/NATIONAL GROWTH.

The Federal Government through the Ministry of Steel Development has on Tuesday, 18th February 2025 at the Ministry Headquarters, taken a significant initiative to enhance collaboration with Development Partners and International Donor Agencies operating in Nigeria. This strategic partnership aims to unlock the full potential of Nigeria’s steel sector, driving economic diversification, job creation, and...

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Alake Urges Senate Committee on Solid Minerals Development to Strength

Alake Urges Senate Committee on Solid Minerals Development to Strength

Dr Alake Urges Senate Committee on Solid Minerals Development to Strengthen Partnership to Drive Transformation in the Sector. The Honourable Minister, Ministry of Solid Minerals Development, Dr. Dele Alake, has called for a reinforced partnership with the Senate Committee on Solid Minerals Development to propel Nigeria’s solid minerals sector toward sustained economic impact. Speaking during...

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STEEL DEVELOPMENT: Minister Receives President of Chinese Company, Inner Galaxy Steel Group and Chief Executive, Stanbic IBTC Bank PLC

STEEL DEVELOPMENT: Minister Receives President of Chinese Company, Inner Galaxy Steel Group and Chief Executive, Stanbic IBTC Bank PLC

…..as Steel Company Commits $300 million to New Steel Plant in Nigeria The Honourable Minister of Steel Development, Prince Audu has received a delegation of Chinese Company, Inner Galaxy Steel Company Limited who has committed to investing about $300 million to set up a new Steel Plant for the production of specialised steel products in...

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