Home News Tinubu secures $3bn steel investment for Nigeria

Tinubu secures $3bn steel investment for Nigeria


Tinubu secures $3bn steel investment for Nigeria

Tamarauemi Ebimini

President Bola Ahmed Tinubu has successfully attracted a monumental 3 billion US dollars investment pledge from Indian investors to boost the steel industry in the country.

This is according to a statement by Mr Abdullahi Haruna, Special Assistant, Media and Publicity, to Minister of Steel Development, Prince Shauib Audu, in Abuja on Wednesday,

The president made the commitment during the Nigeria-India economic roundtable in India.

Audu expressed his jubilation at the development, adding that the pledge was a game-changer that would revitalise and transform the nation’s steel industry.

He appreciated Tinubu for his exceptional efforts in attracting such a substantial investment for Nigeria’s steel sector.

“Furthermore, this news comes on a day when the presidential tribunal upheld the election of the president.

“As the country eagerly anticipates the positive impact of this massive investment, it marks a pivotal moment in Nigeria’s industrial growth and economic development,” he said.


Please enter your comment!
Please enter your name here