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    Kapital FM 92.9 The Station that Rocks!

Steel Devt

3 Results / Page 1 of 1

Economy

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 […]

todayMarch 20, 2025

Economics

Steel Devt Ministry Commences 3rd Phase Of Welding, Fabrication Training

    In a bid to boost the nation's Steel sector, the Ministry of Steel Development has commenced the third phase of a comprehensive boot-camp training programme on welding and fabrication at the Metallurgical Training Institute, Onitsha, Anambra State. A statement from the Ministry says the essence of the training is to equip young individuals with practical competencies in welding techniques crucial for contributing to the nation’s industrial growth. The […]

todayMarch 7, 2025

National

Ministry Of Steel Devt Unveils Proposed Nig Metallurgical Industry Bill

Minister of Steel Development, Prince Shuaibu Abubakar Audu, has unveiled the proposed Nigeria Metallurgical Industry Bill to boost economic diversification. Speaking during a stakeholders’ engagement in Abuja, Audu highlighted that the Bill would establish a robust legal and regulatory framework, unlocking the vast potential of Nigeria’s metallurgical and steel sector. He described it as a transformative piece of legislation set to accelerate Nigeria’s economic diversification and industrial growth. “This Bill […]

todayFebruary 25, 2025