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Steel Sector: FG Targets Revolutionary Plans For Job Creation and Economic Growth

By Ruth Tene Natsa, Abuja

In a bid to deliver on its mandate, the federal government through the Ministry of Steel Development, has again reiterated its plans to reinvigorate economic growth and create massive employment opportunities, aimed at harnessing the immense potentials of the sector.

The Minister of Steel Development Prince Shuaibu Abubakar Audu underlined the remarkable prospects embedded in the sector at a  meeting with heads of agencies and departments in the sector, a statement by the Special Assistant, Media & Communications to the Minister, Abdullahi O.Haruna stated

Addressing the gathering, Prince Shuaibu Abubakar Audu expressed his confidence in the steel sector’s capability to usher in a new era of economic prosperity, the statement revealed

He said: “Nigeria’s abundant mineral resources hold the key to reshaping the nation’s economic landscape, extending the benefits of democracy to every Nigerian. By tapping into the latent potential of the steel sector and channelling it into lucrative ventures, we can ensure that the dividends of democracy reach every citizen.”

The Minister emphasized that the steel sector stands as a pivotal pillar of Nigeria’s industrial growth, carrying the potential to provide substantial job opportunities for the nation’s youth. To realize this vision, the government, he noted,  is fully dedicated to implementing an extensive array of measures designed to attract reputable international investors. These efforts will be bolstered by an array of favourable incentives, including streamlined business procedures.

Reaffirming the commitment of President Bola Ahmed Tinubu’s administration, Prince Shuaibu Abubakar Audu asserted that every Nigerian deserves to partake in the benefits that democracy brings. He underscored that a core tenet of democracy is its ability to uplift individual needs and aspirations.

As such, the government, according to the Minister,  is steadfastly focused on cultivating an environment conducive to ensuring these advantages.

Furthermore, the Minister stated that in the pursuit of attracting investments, the Federal Government remains resolute in its mission to fuel economic growth and empower its citizens through the potential of the steel sector. 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.

As Nigeria positions itself to take a leading role in the global steel market, the transformative journey is poised to reshape the nation’s economic trajectory, ensuring that the benefits of democracy are tangible and accessible to all, the Minister further affirmed.


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