Ajaokuta Steel Company to function as a private entity.
The Minister of Mines and Steel Development, Dr Kayode Fayemi says the Ajaokuta Steel Company is to function as a purely private entity.
Dr.Fayemi who stated this at the steel complex during a facility tour of
Abuja Steel Mill, a subsidiary of African Steel Company, along Abuja-Kaduna
Road, noted that government is putting a lot in place to ensure that the
Ajaokuta Steel Complex gets back to life and run as a private concern.
He said experts with proven track records and required financial
capability would be encouraged to key into the scheme through a competitive
bidding process that would be transparent.
The Minister pledged the support of government to the companies that are
manufacturing locally and urged them to develop training programmes that would
empower and groom young graduates, indigenous engineers and artisans.
Comments
Post a Comment