Categories: NewsTop Stories

Ajaokuta Was Mainly Designed To Build Aeroplanes, Car Engine Parts, Others

The Ministry of Mines and Steel Development has said that if the Ajaokuta Steel Company starts operation (optimally) it will produce liquid steel, which is used to build engine parts of aeroplane and cars among others.

This was disclosed by the Minister of Mines and Steel Development, Olamilekan Adegbite.

He said, “It was designed to produce liquid steel and that can be used for building aeroplane and car engine parts, among others.

Ajaokuta Steel Company has not been able to produce liquid steel since it was built –the little hurdles we need to address.

The steel company has worked in the past whereby billet was imported to produce reinforcement but that was not what Ajaokuta steel was built for.”

The Minister was optimistic that Ajaokuta Steel Company Ltd will function to capacity before the administration of President Muhammadu Buhari ends.

He also added that the ministry had recently trained some youths in the metal sub-sector on national development to ensure human capital development with special emphasis on vibrant metals operators.

He said that the workshop was an appropriate strategy meant to launch and mainstream youths into the sector, adding that the three weeks intensive workshop was to work towards the development of the sector.

What you should know

The federal government had made efforts to ensure that the Russian company that built the steel industry would come to Nigeria to conduct a technical audit of the company.

The 60-man Russian team was supposed to be in Nigeria since 2020 for the technical audit but COVID-19 pandemic distorted the plan.

The agreement on how to revive the steel company was reached during a meeting between President Buhari and President Vladimir Putin in Russia in 2019.

The Russian government had nominated TPE, the original builder of Ajaokuta Steel Company, to conduct a technical audit of the steel company to ascertain the level of work remaining to complete the steel company.

thepublisherngr

Recent Posts

“We’re Done With Atiku” – Presidency Declares, Announces Direction

The Nigerian presidency has dismissed former Vice President Atiku Abubakar’s recent criticisms of President Bola…

2 hours ago

I rejected Deji Adeyanju…. He decided to turn to a civil society activist because he had no job– Wike

In a heated response, the Minister of the Federal Capital Territory (FCT), Nyesom Wike, has…

6 hours ago

Breaking: Tinubu Makes Fresh Appointments

President Bola Tinubu, on Thursday, approved the appointment of three Nigerians as directors-general of various agencies…

6 hours ago

BREAKING: Edo PDP Rages As Okpebholo Sacks ‘Civil Servants’

The Edo State chapter of the Peoples Democratic Party (PDP) has expressed deep disappointment and anger over…

16 hours ago

Guard Of Honour Held For Late COAS Lagbaja As Body Arrives In Abuja

The body of the late Chief of Army Staff, Lieutenant General Taoreed Lagbaja, has arrived…

16 hours ago

BREAKING: FEC proposes N47.9 trillion budget for 2025 fiscal year

The federal government has unveiled a proposed budget of N47.9 trillion for the 2025 fiscal…

16 hours ago