In his latest democracy address, the president, President Buhari spoke on the resuscitating of the ailing Ajaokuta Steel Company, ASC.
According to him, his administration is still committed to ensuring that the dormant steel industry is revamped once again to boost Nigeria’s economy.
In his speech, he said;
“We remain committed to expanding our mining sector. To this end, I have directed the resuscitation of the Ajaokuta Steel Plant based on Government-to-Government financing and a Public-Private Sector financing.
With foreign and domestic investments and the participation of Small Scale Miners, we are harnessing the supply value chain in gold production.”
