Ministry Of Steel Devt To Increase Production To 10m Metric Tonnes
Ministry of Steel Development says plans are underway to expand its steel production capacity to ten million metric tonnes annually. The Minister, Prince Shuaibu Audu stated this during a visit to the National Steel Raw Materials Exploration Agency, NSRMEA in Kaduna. Prince Audu explained that Nigeria imports about four billion dollars worth of steel annually, hence the need for import substitution to reduce pressure on foreign exchange. "For Nigeria to […]