The Nigerian government on Tuesday unveiled an overhauling strategy for Nigeria’s steel sector revival.
The Head, Press and Public Relations of the Ministry of Mines and Steel Development, Alaba Balogun, made this known on Tuesday.
Mr Balogun said the federal government through the newly created Ministry of Steel Development has taken significant steps towards rejuvenating the nation’s steel sector by announcing a comprehensive insurance coverage for all ongoing steel projects within the country.
According to the statement, the Minister of Steel Development, Shuaibu Audu, made the declaration during a crucial meeting with key agencies under the ministry namely, the Ajaokuta Steel Company Limited, National Iron-Ore Mining Company, National Steel Raw Materials Exploration Agency, Metallurgical Training Institute and National Metallurgical Development Center, Jos.
The statement said that during the interface with the heads of the agencies, Mr Audu explained that the…
