04 July 2021 By Georgina Humphrey
Federal Government has been advised to pay more attention to the steel sector by coming up with policies that will make it more viable.
The Executive Secretary General of the Africa Iron and Steel Association, AISA, Dr. Sanusi Mohammed gave the advice in a chat with Radio Nigeria in Abuja.
Dr. Mohammed argued that if the Delta and Ajaokuta Steel plants were operational, the nation’s economy would had been better.
He explained that the recent pandemic had slowed down the plan to Resuscitate the Ajaokuta steel plant, preventing the 60-man technical audit team from Russia from coming to Nigeria to perform a comprehensive technical audit of the plant.
“While it is a welcomed development to turn to the Russians, the original builder to come and resuscitate the plant, plans should have been in place to ensure that the 60-man team is given a waiver by the federal government and possibly get them vaccinated since the Russian government already have a Memorandum of Understanding (MoU) in place signed in Sochi two years ago with the Buhari-led administration” he stressed.
Dr. Mohammed expressed optimism that the administration of President Muhammadu Buhari would ensure that adequate attention was given to the Steel Plant.
He explained that there are many equipment and facilities in the Ajaokuta steel plant with forty-three industrial units put together in one place adding that each industrial unit is a great revenue earner and employment opportunities.
Dr. Mohammed added that there is the need for the Federal government to up the ante in fixing the steel plant soonest adding that Bequeathing a stable economy to Nigerians means leaders taking critical decisions that would lead to results.
“I hope very soon that they can come and kick start the plan to resuscitate the plant again. It will help Nigeria’s industrialisation because production of liquid steel will take the country to the next level in industrialisation to be able to produce parts for vehicles, engine blocks.” Dr. Mohammed added.