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Minister of Steel Development, Prince<br />Shuaibu Abubakar Audu<br />PHOTO: Twitter
*** says Nigeria abundant mineral resources key to reshaping economic
The Federal government has embarked on a transformative mission aimed at harnessing the immense potential of the nation’s steel sector to invigorate economic growth and create massive employment opportunities.
It’s also emphasized that the steel sector stands as a pivotal pillar of Nigeria’s industrial growth and provides substantial job opportunities for the nation’s youth.
The Minister of Steel Development, Prince Shuaibu Abubakar Audu, disclosed this in Abuja, during a meeting with stakeholders of the Ministry, expressed his confidence in the steel sector’s capability to change the new era of economic prosperity.
Audu 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.”
He noted that the government is fully dedicated to implementing an extensive array of measures designed to attract reputable international investors. Added that, “The efforts will be bolstered by an array of favourable incentives, including streamlined business procedures.”
Reaffirming the commitment of President Bola Ahmed Tinubu’s administration, 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.
He said, “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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