Group Urges Steel Dev. Minister to Revamp Ajaokuta Steel Coy

Says the sector is in dire need of Foreign Direct Investment (FDI).
Shaibu Abubakar Audu
Shaibu Abubakar Audu Wikipedia

A socio-cultural group, known as Iko Udama Club, has called on the Minister of Steel Development, Mr Shuaibu Abubakar Audu, to kickstart the process of revamping the Ajaokuta Steel Company.

This was revealed by the group in a congratulatory message by its Chairman, Mr Amodu Achema and Public Relations Officer, Mr Edime Abalaka, on Tuesday in Abuja.

Achema, while thanking President Tinubu for the appointment, advised the minister to hit the ground running in view of how strategic the company is to solving unemployment in the country.

He said Audu, a Corporate Finance and Investment Management expert, is no doubt the “best man” for the job, noting that the sector is in dire need of Foreign Direct Investment (FDI).

In his remarks, the chairman said “we are highly delighted on this well deserved appointment.

 “It is an honor done to Igalaland and Kogi in general.

“Given the minister’s wealth of experience and international contacts, we believe that Nigeria’s moribund steel industries, particularly Ajaokuta Steel Rolling Mills will be restored.

“We know he will bring his wealth of experience to bear in this new job and that will impact positively on the Nigerian economy in areas of employment generation and wealth creation.”

Additionally, he said that, “we are proud of the credentials and wealth of experience the minister is bringing to this new assignment.

“We are confident he will do us proud and we pray that God will help him uphold the tenets of this high office.”

Achema said Iko Udama Club is identifying with the minister while wishing him success.

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