The minister of Solid Minerals, Dr. Kayode Fayemi has said the President Muhammadu Buhari’s government is resolved to reviving the Ajaokuta steel company.
The Minister made this statement following the dwindling oil revenue and the need to diversify the economy.
He was at the Ajaokuta steel complex in Kogi State on an official visit to the company.
He said the Buhari-led administration was approaching the company holistically to ensure that the steel complex works for the benefit of Nigerians.
“I want to let you know that the president is very passionate about the Ajaokuta steel company. We will take a look at the company holistically with a view of making it work for the benefits of Nigerians. I’m here on a fact finding mission. I have read much about the steel complex and have been briefed by the sole administrator. We will make final decision on the complex which Nigerians would be happy about it.
“We are looking at the entire steel complex. We are not going to segment the plant. We are told that the captive power plant, has been reactivated. After taking the one needed by the company, we will be happy if Kogi and its environs could benefit from the remaining megawatts,” Fayemi said.
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