‘Ajaokuta Steel will end fuel subsidy debacle’
The Action for Actualization of Iron and Steel Projects in Nigeria (AAISPN) has urged President Bola Ahmed Tinubu to accor…
The Action for Actualization of Iron and Steel Projects in Nigeria (AAISPN) has urged President Bola Ahmed Tinubu to accord immediate and priority attention to the revitalization of the Ajaokuta and Itakpe steel projects.
The President of AAISPN, Dr Kabir Abarkaka, made the plea on Sunday in Abuja during a management meeting of the organisation.
He said Nigerians had high expectations for the steel projects but were pained that the 65-year-old Ajaokuta Steel Plant had yet to attain potential.
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“We are calling on the new administration to take the steel plant out of the woods. To us, a fully functional steel sector is a one-off panacea to Nigeria’s fuel subsidy debacle and a formidable tool for economic diversification,” Abarkaka said.