Editor
By Fatima Saka
As the Tinubu administration is keen into industrializing Nigeria through the steel sectors, the Ministry of Steel Development said it is set to launch a roadmap on reviving Nigeria steel industries in 3 years.
The Minister of Steel Development, Prince Shuaibu Abubakar has affirmed his commitment in line with the mandates of Mr President and zeal to industrialize Nigeria through the steel sectors.
Prince Abubakar made this assertion during the interactive sessions and media parley with press on Friday in Abuja at the ministry.
Emphasizing the president’s ambition in reviving steel industries during the questions and answer, the minister said that the president has shown seriousness and commitment by setting up the ministry of steel development. “As you know the Ministry of Steel Development was created by President Bola Ahmed Tinubu, in August 2023. So we’re about five and a half months old, basically with the mandate to revive the steel industry.
He decried on setback and steel sectors had suffered for decades, adding that the steel industry has really been struggling since independence more than 60 years ago.
“Steel plant, which was set up to be an avenue for industrialization of Nigeria more than four decades ago, in fact, more than 45 years ago, has hit the brick wall. To say the least.
“The steel industries hasn’t done so well in terms of local production, and consumption of steel is actually in excess of 5 million metric tons.
“So, the mandate that the President has given us is to do some homework, try and revive the industry is a difficult task.”
Speaking on the roadmap, he said the government wants to launch the roadmap in the next three months. “What we’ve done is we’ve already prepared an internal roadmap, which we will then commission to consultants to bring in a global perspective.
“You know, we have our own views internally, but sometimes it’s good to bring someone that will bring a different perspective. This is how things work in India, China, among others.
“You know what lessons can we learn from those various markets to make our steel industry boom. We also even though government has its own perspective given our own views, we also need to take views from various societies, and various interest groups and Nigerian Society of engineers, and Nigerian meteorological society, Nigerian Institute of Architects, you know, different people that play an important role in the steel sectors, it’s not a simple. It’s not as simple as just us, you know, doing something based on our own perspective.”
Emphasizing stakeholder participation, the minister said, “We have to take the views of all stakeholders and ultimately, you know, it’s going to cost us some money. Do we have the funding at the moment? No, we will get the funding very soon. The answer is yes. So we think that all things being equal in the next three months, you know, we should, we should , we should have a roadmap. And the reason why it hasn’t come out earlier is because of, you know, some funding constraints, but we think that we will launch the map very quickly.”
Speaking on involving the local producer, Dr. Mary A. Ogbe, the Permanent Secretary of ministry of Steel Development, during the questions and answer, said artisan must be certify and trained before they can be able to work.
