The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, last weekend said Nigeria may end steel importation soon when a $1.5 billion steel plant being built by African Natural Resources and Mines Limited at Jere in Kaduna State comes on stream. The firm has one million metric tonnes (MT) capacity of daily production.
The minister who inspected the plant along with the management of the company, further noted that Nigeria was on the path of industrialization which will be yielding results five years from now. “Producing one million metric tonnes of steel per annum means that Nigeria will really be well on its way of being independent of importing steel into our country and this will attract other investors,” Zainab said…
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