; ; ; The Rise of Ajaokuta Steel Company Limited

By: Emeka Alex Akwaeze

The Federal Republic of Nigeria under the leadership of President Muhammadu Buhari is out to restore the glory of the giant of Africa through the revamping and restoring the glory of the Ajaokuta steel company, “ASCL”.

The company which has long been abandoned by the previous Government is set to receive prompt attention under the leadership of President Muhammadu Buhari.  The president who officially disclose this information to the nation during his nationwide broadcast to mark the 21 years of uninterrupted democracy in Nigeria, he stated that Ajaokuta steel company limited will be resuscitated to meet the nation's needs in the steel industry.

He maintained his administrations position in ensuring that the Ajaokuta steel industry is revamped and position in improving the nation’s economy through the steel sector.

It is believed the Ajaokuta steel company when fully in operation will have the capacitor of taking thousands of Nigerian youth who are currently unemployed off the street.

In the past several governments have attempted to resuscitate the industry but these could not work out as the arrangement was with a private company, the nation is fully hopeful that with the step taken by the administration of President Buhari, Nigerians will soon see the steel rolling out from the furnace in a short while.

The president also assured that the mining sector are not left out in this drive as effort are all geared in harnessing the full potentials of our natural mineral resources through providing enabling environment for potential investors in these sectors.