• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Sunday, May 25, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Economy/Technology

Nigeria to revamp steel sector to boost economy

Steel

The Matters Press by The Matters Press
August 31, 2023
Reading Time: 2 mins read
0
Nigeria to revamp steel sector to boost economy

Abuja, Aug. 31, 2023: The Federal Government has is set to revamp the nation’s steel sector to enhance the economy as well as create employment opportunities.

RELATED POSTS

Pope’s invitation to Tinubu reflects Nigeria’s relevance in global affairs -TMSG

Tinubu espouses Nigeria’s unity, diversity at Pope Leo’s inauguration

Nigeria’s ongoing health reform gets global endorsement with Pate’s honour by Time Magazine

The Minister of Steel Development, Prince Shuabi Audu, said this in Abuja when he met with heads of agencies and departments in the ministry.

Audu said that Nigeria’s abundant mineral resources hold the key to reshaping the nation’s economic landscape and extending the benefits of democracy to every Nigeria.

“By tapping into the latent potential of the steel sector and channeling it into lucrative ventures, we can ensure that the dividends of democracy reach every citizen.

“The steel sector stands as a pivotal pillar of Nigeria’s industrial growth, carrying the potential to provide substantial job opportunities for the youth.

“To realise this vision, the government is fully dedicated to implementing an extensive array of measures designed to attract reputable international investors,” he said.

Audu said that every Nigerian deserves to partake in the benefits that democracy brings, adding that a core tenet of democracy was its ability to uplift individual needs and aspirations.

According to him, the government is steadfastly focused on cultivating an environment conducive to ensuring these advantages.

“In the pursuit of attracting investments, the Federal Government remains resolute in its mission to boost economic growth and empower its citizens through the potential of the steel sector.

“This is by fostering strategic alliances, facilitating investment inflow and cultivating a business-friendly atmosphere, the government envisions a future marked by prosperity, progress, and collective advancement,” he said.
The minister said that Nigeria was ready to take a leading role in the global steel market, adding that the transformative journey was poised to reshaping the nation’s economic trajectory.

“This is to ensure that the benefits of democracy are tangible and accessible to all. ”

Tags: Steel
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Group hails Presidential Council initiative, welcomes President Tinubu’s N2tn stabilisation package
Economy/Technology

Pope’s invitation to Tinubu reflects Nigeria’s relevance in global affairs -TMSG

May 24, 2025
Tinubu steering Nigeria away from Venezuela-like tragedy – IMPI
Economy/Technology

Tinubu espouses Nigeria’s unity, diversity at Pope Leo’s inauguration

May 22, 2025
Eulogising Africa’s efforts in midwifing a Covid-19 vaccine
Economy/Technology

Nigeria’s ongoing health reform gets global endorsement with Pate’s honour by Time Magazine

May 21, 2025
Court visits Patience Jonathan’s money palaver
Economy/Technology

Patience Jonathan’s endorsement of Tinubu’s re-election, significant, inspiring

May 20, 2025
Nigeria suspends mining in Zamfara
Economy/Technology

Revival of mining sector causes increase in licensing fees in Nigeria

May 19, 2025
Make cash accessible, remove obstacles —stakeholders plead
Economy/Technology

Nigeria’s fast-track of cash transfer to 15m vulnerable households laudable – TMSG

May 17, 2025
Next Post
Kenyan firm gets $1.6m to lift US coconut exports

Kenyan firm gets $1.6m to lift US coconut exports

Customs adopts lobbying as tool in governance

Customs advises on transparency in vehicle imports

Recommended Stories

SON alerts on second hand gas cylinders

Instability in price of gas worries NALPGAM

September 27, 2023
Umahi gives 14 days ultimatum to contractors to return to site

Umahi gives 14 days ultimatum to contractors to return to site

October 12, 2023
Drop your frustration, let President Tinubu be, Group picks on Atiku

Atiku’s tirade against Tinubu over the 2025 is an error of judgment-IMPI

December 28, 2024

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • Pope’s invitation to Tinubu reflects Nigeria’s relevance in global affairs -TMSG
  • Tinubu espouses Nigeria’s unity, diversity at Pope Leo’s inauguration
  • Nigeria’s ongoing health reform gets global endorsement with Pate’s honour by Time Magazine

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us