Tinubu secures $3bn steel investment for Nigeria
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.