AISA Seeks Legislation To Strengthen Metal Sector & Boost Economy

01 July 2021 By Georgina Humphrey

The Secretary General, Africa Iron and Steel Association, AISA, Dr Sanusi Mohammed says government’s desire for industrialisation will be a mirage if there is no adequate legislation to strengthen the metal sector of the economy.

Dr. Mohammed made this assertion in an interview with Radio Nigeria in Abuja.

He expressed worry over the sabotage of government’s effort to develop the sector by some individuals due to selfish interest.

The AISA Secretary General who explained that the Ajaokuta steel plant gulped about eight billion dollars and still abandoned stressed that if resuscitated it would place Nigeria on the map of Africa.

Dr.Mohammed further stated that Nigeria would be able to produce Six hundred million tonnes of steel annually if both the Ajaokuta and Delta steel plants are functioning.

He appealed to the ministry of Mines and steel Development to pay more attention to the steel sector rather than focusing on the mining sector adding that the steel industry is the bedrock of industrial growth of any nation.

Dr. Mohammed added that steel is so vital to the development of any nation that every country attempts to acquire and take control of the sector even in cases where the raw materials are not available locally.

He said steel had contributed immensely to the development of nations and also attracted raw materials processing industries such as mining, beneficiation, coking, calcining and refractory manufacture.

“Steel, in its various crude or primary forms, together with its by-products, is an essential raw material for a host of other industrial activities” Dr. Mohammed added.

On the Metallurgical bill before the National Assembly, He explained that passage of the bill would guarantee control of the metallurgical industry by government and boost the nation’s economy.

According to Doctor Mohammed, the bill which has passed second reading, if passed into law would strengthen the nation’s iron and steel sector.

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