Email: info@steel.gov.ng
Call: 234-(0)- 703 592 2055
MINISTRY OF
STEEL DEVELOPMENT (MSD)
Federal Republic of Nigeria
Welcome To Ministry Steel Development.
Minister Of Steel Development, Prince Shaibu Abubakar Audu.
Permanent Secretary, Dr. Chris O. Isokpunwu.
On The Line Of Duty.
Steel Production.
Steel Production.

LATEST PRESS


May
25
2025

FG TRAIN NIGERIAN YOUTHS ON WELDING AND FABRICATION FOR INDUSTRIAL REVOLUTION

....As the Minister commend the resilience of Nigerian Youths 

The Federal Government through the Ministry of Steel Development has concluded the training of  535 Nigerian Youths in its First Edition of Bootcamp Training on Welding and Fabrication; Industrial Foundry and Metallurgy as well as Instrumentation, Control and Mechanical Maintenance to equip them with practical skills and knowledge that will enable them become productive contributors to the steel and metal sector, and by extension, to the national economy. 

The Honourable Minister of Steel Development, Prince Shuaibu Abubakar Audu who presided over the official Closing Ceremony of the Boot-Camp Training Programme organized by the Ministry on Friday, 23rd of May, 2025, at the Metallurgical Training Institute (MTI), Onitsha, Anambra State, disclosed that the  initiative represents a significant stride in the nation's collective effort to rejuvenate Nigeria's steel industry and empower the youths with the skills necessary for national development. 

Speaking during the ceremony, Prince Audu commended the dedication, resilience, and discipline shown by the trainees over the course of the intensive program. He emphasized the Federal Government's commitment to youth empowerment through technical and vocational education, stating: "this boot-camp was not just about skills acquisition and equipment empowerment; it was about character development, discipline, and the cultivation of a mindset geared towards innovation, entrepreneurship, and national service. Our strategic aim is to build a pool of competent, patriotic young people who can drive Nigeria’s metallurgical and steel sector forward. 

He stated that for the country to realize its vision for the steel sector, it must invest in human capital, adding that the Bootcamp Training and Empowerment Programme is a testament to the Federal Government commitment to developing a skilled workforce. According to him, by equipping the youths with practical skills in welding and metallurgy, the nation is laying the foundation for a self-reliant and industrialized Nigeria.

The Honourable Minister while reeling out some  achievements of the Ministry under his watch revealed that the strategic aim is to evolve over time, a pool of competent, patriotic young Nigerians with passion to drive forward the emerging Nigerian Metallurgical and Steel sector towards a $1trillion USD economy as envisioned by President Ahmed Bola Tinubu, GCFR, by 2030. 

Prince Audu commended the facilitators of the training programme from the Ministry and the Management/Staff and instructors from the Metallurgical Training Institute (MTI), Onitsha, for providing the enabling environment and technical expertise for the smooth execution of the maiden programme and tasked the graduands to be good  ambassadors of the programme and pioneers of a new wave of industrial revitalization. He said "let your actions reflect the values of diligence, excellence, and patriotism you have imbibed here. 
As you receive your starter packs today, let them symbolize not an end, but a new beginning — the beginning of your journey into productivity, creativity, and national impact".

Speaking at the event, the Executive Governor of Anambra State, Prof Charles Soludo, CFR, who was represented by the Commissioner for Industry, Christine Udechukwu commended the Ministry for the laudable initiative of equipping young Nigerians with skills to solve problems and create wealth. 

Also, the Chairman, Senate Committee on Steel, Distinguished Senator Patrick Ndubueze, represented by Chief Etiebat Nwachukwu, said the Bootcamp Training should be an Annual Intervention Programme, stating that the Ministry will get legislative backing for it's sustainability. He added that the programme represent Federal Government efforts to ensure continuous youth development to drive the progressive agenda.

Earlier in his remarks, the Permanent Secretary, Dr. Chris Osa Isokpunwu stated that the programme was not just conceived as a training exercise, but as a platform to ignite dreams, shape ideas, and build a new generation of entrepreneurs in Nigeria’s metal and steel value chain.

Dr. Chris sharing an inspiring story of a young man in a small town in Northern Nigeria who started a modest metal fabrication business with just one welding machine and a rented shed, going from door to door repairing gates, metal doors, and window protectors, and who with time, learned how to design security systems, began fabricating agricultural tools, and later diversified into building lightweight steel structures. Today, that young man owns a company that employs over 150 people, supplies steel products across three West African countries, and recently signed a contract with a local government to produce solar-powered kiosks for rural markets, he told the graduands, "the journey does not end here — in fact, this is where it truly begins".

The Director Metallurgical Inspectorate Department, Engr. Frederick Ewa, giving the overview of the bootcamp, disclosed that the initiative was not just a training programme but a movement, a clarion call to action, designed to catalyze the rebirth of Nigeria’s metals and steel sector by investing in its most invaluable resource: the youths. 

Engr. Ewa revealed that a staggering 258,833 applications were received across every state and region of the country, from which 700 youths were selected through a rigorous but transparent, merit-driven process. These young men and women were trained in four strenuous batches here at the Metallurgical Training Institute (MTI), Onitsha, a citadel of excellence in metallurgical education and practice. He enjoined the graduates to go out and ignite industries, illuminate communities, and forge the future Nigeria deserves.

Also speaking, the General Course Rep. of the programme, Esemuede Omoruyi, appreciated the Federal Government for it's resolute focus on human capital development and affirmed the graduates commitment to translate the investment  into tangible progress, pledging that they will be dynamic contributors to a skilled, innovative and industrious country. 

May
24
2025

STEEL DEVELOPMENT: MINISTER VISITS PREMIUM STEEL & MINES LTD TO ASSESS PROGRESS AND STRENGTHEN INDUSTRY COLLABORATION The Honourable Minister of Steel Development, Prince Shuaibu Abubakar Audu, conducted a significant visit to the Delta Steel Company, now  Premium Steel and Mines Ltd located in Ovwian-Aladja, Delta State, on Thursday, 22nd May 2025 to assess the facility and meet with top Management of the Company on their schedule for commencement of full commercial operation of the Plant as well as explore avenues for further development within Nigeria's steel sector. Prince Audu accompanied by the Permanent Secretary, Dr. Chris Isokpunwu and other Directors in the Ministry, disclosed that the revitalization of the Premium Steel and Mines Ltd (PSML), one of Nigeria's most iconic industrial assets, stands as a national imperative in the pursuit of economic diversification, job creation, and industrial self-reliance. He noted that PSML was once the cornerstone of Nigeria's steel industry and a critical engine for regional development. The Honourable Minister revealed that the inspection tour is in furtherance of President Bola Ahmed Tinubu’s resolve to ensure that all legacy Steel assets are resuscitated for optimum contribution to the national economy, irrespective of the ownership structure. He said "I have the mandate of Mr. President to intervene and resolve all issues holding these assets down and ensure that the noble vision of our founding fathers is realized in these projects". Prince Audu emphasized that the revitalization of Premium Steel and Mines Ltd is expected to create over 5,000 direct and 10,000 indirect jobs, catalyzing growth in allied industries and significantly reduce unemployment and improve livelihoods. He stated that he is optimistic that Premium Steel & Mines Ltd whose promoters have experience in the Nigerian economy will contribute immensely to the vision of the present administration to grow the national Gross Domestic Product to $1Trillion USD.  The Minister stated that for Nigeria to take its right place in the global steel order, the Ministry is ready to midwife the process of rejuvenating Premium Steel & Mines Ltd to actualize full commercial operation in order for it to contribute immensely to Industrial Revolution. He reassured of Federal Government’s commitment to facilitate and support the efforts of the Management of Premium Steel in resuscitating the national legacy asset and do all in its power to ensure an enabling environment, adding that as the Ministry champion the emergence of a virile Steel Industry in Nigeria, it will not neglect its role in ensuring production of quality products while promoting and protecting the local operators in Nigeria.  The Honourable Minister's visit to Premium Steel & Mines Ltd underscores the Federal Government's commitment to revitalizing Nigeria's steel industry and positioning it as a key driver of economic development. Through continued collaboration, strategic investments, and policy support, the steel sector is poised to contribute significantly to the nation's industrialization and economic diversification goals. Speaking also, the Permanent Secretary, Dr. Chris Osa Isokpunwu reiterated the Ministry's commitment to ensure continuous engagement until a vibrant steel sector is achieved in the country.  Earlier, the Managing Director CEO of Premium Steel Mines Ltd, Sahil Vaswani stated that the Company introduced cutting-edge technology to rehabilitate the Rolling Mill in 2018 in its strong commitment to see that the Plant is revived. However, according to him, the shut down of the Rolling Mill in 2021 as a result of multiple challenges, beginning with COVID-19 and other factors, has severely disrupted access to essential raw materials.  Vaswani disclosed that as a committed investor, Premium Steel & Mines Ltd (PSML), has the potential to revive the dormant Steel Plant and position it as a catalyst for igniting Nigeria's industrial revolution. He noted that if fully operational, PSML would contribute significantly to the Gross Domestic Product (GDP) of the country. He appealed to the Federal Government to make available the supply of iron ore sourced locally in order to reduce high working capital cycle.

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May
21
2025

Ministry of Steel Development Partners with Ministry of Communications, Innovation and Digital Economy on Utilising Locally Manufactured Steel Products in Telecom Infrastructure Development ….Mulls Establishment of Tech Hub in Ajaokuta Industrial Park The Ministry of Steel Development and the Ministry of Communications, Innovation and Digital Economy engaged in strategic discussions to promote the use of locally manufactured steel products in the construction of telecommunications towers across the country and other areas of mutual benefits.  This was a central point of the discussion during a courtesy visit by the Honourable Minister of Steel Development, Prince Shuaibu Abubakar Audu, to his counterpart, the Minister of Communications, Innovation and Digital Economy, Dr Bosun Tijani, on Tuesday, May 20, 2025, in Abuja. The discussions also explored the establishment of a Technology Hub within the Ajaokuta Industrial Park and Free Trade Zone, currently awaiting approval of President Bola Ahmed Tinubu GCFR, and the implementation of tailored capacity-building initiatives for artisans in the steel sector, aimed at fostering innovation, productivity, and job creation. Prince Audu said that the collaboration aligns with the Renewed Hope Agenda of President Bola Ahmed Tinubu’s administration, particularly the drive to promote local content, strengthen the steel industry, and reduce reliance on imported materials, emphasising the capacity of local steel players in the country to provide effective services to the telecommunications sector. “In terms of where we see areas of collaboration, I have seen your initiative and plans to build 90,000 kilometres of fibre optic cables across the country at a total cost of 3.3 trillion naira and 7,000 telecom towers to be installed nationwide by end-2025. We know that there will be a lot of value addition to Nigerians. “During my official visit to Ogun State recently, I commissioned a Galvanized Steel Plant. These Galvanised Steel Plants are anti-rust, and they have capacity to be used for Telecom towers. We want these local players to be patronised, so we will appreciate if they are incorporated into this very important project. “On technical skills development, we had training for welders and artisans. We are hoping that you can expand your innovation and digital training skills programme to be able to include some of these specialised skills that we have in the steel industry because some of our guys have the skills to erect telecoms towers,” Prince Audu stated. The Minister of Communications, Innovation and Digital Economy, Dr Bosun Tijani, welcomed the collaboration between both ministries, describing it as long overdue and an enabler of President Tinubu’s vision for economic growth and job creation. Dr Tijani said that beyond incorporating locally produced steel in the construction of the 7,000 telecom towers, the ministry is focused on ensuring long-term sustainability of the projects by involving local players for maintenance of the infrastructure. “We will leverage this project to support the work you do. My goal is that for everything steel in this project, it should be 100 per cent locally sourced. What we need to do is to have a strong alignment, not just to the private sector but how we can develop critical sectors of the economy” Tijani said. Both ministers agreed on the formation of a joint technical committee to ensure seamless implementation of the strategies and ensure synergy between both sectors.

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PRINCE SHAIBU A. AUDU
Honorable Minister
Federal Ministry of Steel Development
DR. CHRIS O. ISOKPUNWU
Permanent Secretary
Federal Ministry of Steel Development

Vision

“To have a virile sustainable and inclusive steel industry that can compete globally and be driving for industrial and economic growth of our country while maintaining internationally acceptable standard”

Mission

“To ensure industry and Government strengthen the capability and competitiveness of Nigeria steel industry to achieve self sufficiency in steel production by providing policy support and guardian and to help mitigate potential challenges and barriers that are preventing the growth of Nigeria steel industry”

OTHER NEWS


Nov
21
2024

MINING WEEK “Policy for Accelerating Nigeria’s Iron and Steel Industry Development”

Representative of the Honourable Minister of Steel Development, Dr. Chris Osa Isokpunwu, Permanent Secretary of the Ministry, on the panel discussing the topic, “Policy for Accelerating Nigeria’s Iron and Steel Industry Development” on Wednesday 20th November 2024 at the Nigeria Mining Week.

The Permanent Secretary stated that the Policy thrust of the Federal Government is geared towards ensuring it provides an enabling environment; revamping the moribund Steel Companies in the country; collaborate with the private sector for the development of the Steel Sector, among others.

 


Nov
19
2024

BI-LATERAL RELATION: INDIAN BUSINESS INVESTORS VISIT MINISTRY ON STEEL SECTOR DEPARTMENT

The Minister of Steel Development, Prince Shuaibu Abubakar Audu, noting the huge potentials in the Steel Sector, disclosed that the country is happy to explore various aspects of investment and is keen to work with the Indian community, this happened when the Indian Business Investors paid a  visit to the Ministry’s Headquarters on Monday 18th November 2024 to find ways to deepen bi-lateral relations with the country on the development of the steel sector.

On her part, Rekha Sharma, leader of the delegation proposed setting up working groups to look into areas of investments as well as organizing a Nigerian-Indian Road Show in India to showcase the vast opportunities in the Nigerian Steel Sector to India investors.

SPEECHES


Nov
18
2024

GOODWILL ADDRESS BY HONOURABLE MINISTER OF STEEL DEVELOPMENT, PRINCE SHUAIBU ABUBAKAR AUDU, AT THE 9TH EDITION OF THE NIGERIA MINING WEEK (NMW) HOLDING AT THE ABUJA CONTINENTAL HOTEL, ABUJA.

Protocols

The Honourable Minister of Solid Minerals Development, Dr. Dele Alake, My brother and Host of the 2024 Nigeria Mining Week Your Excellencies, the State Governors here present Other Ministers of the Federal Republic here present;
The Chairmen and Members of the National Assembly Committees on Solid Minerals and Steel here present; 
The National President, Miners Association of Nigeria, Mr. Dele Ayanleke and the entire leadership of the Association for Organizing the 2024 Nigeria Mining Week;
The Event Director – Mining, Vuka Group, Mr. Samukelo Madlabane and the entire Team of the Vuka Group, Representatives of PricewaterhouseCoopers (PwC) Members of the Advisory Board of the 2024 Nigeria Mining Week
The Permanent Secretary, Ministry of Solid Minerals Development, Dr. Mary Ogbe;
The Heads of Government Parastatals and Agencies here present;
Stakeholders here present from Africa and beyond;
Gentlemen and Ladies of the Press;
Ladies and Gentlemen!

PREAMBLE
I am highly honoured to make this ministerial address at the 9th Annual Nigeria Mining Week 2024 with the theme ‘Building the Mining Sector to be the Cornerstone of Nigeria’s economy. The annual mining week event has evolved over time to be a major platform where different stakeholders in the minerals sector are assembled for robust engagements on the best strategies to advance the course of harnessing our natural resources endowments for economic development.  I must not fail to appreciate my big brother and colleague, Minister of Solid Minerals Development, Dr. Dele Alake for the collaborative partnership between us because of the obvious nexus between the Solid Minerals and the Iron and Steel sectors.

Distinguished Ladies and Gentlemen, it is important to highlight that the focus of the 2024 Annual Mining Week equally resonates with the priorities of our visionary leader, President Bola Ahmed Tinubu, GCFR especially as he targets;

Reforming the economy to deliver sustained inclusive growth Unlocking Energy and Natural resources for sustainable development and Accelerate diversification through industrialization, digitization, creative arts, manufacturing and innovation. I have carefully perused the thematic topics that will be deliberated on at this event and the presenters that will lead the discussions especially as it relates to the “Policy Choices for Accelerating Nigeria’s Iron and Steel Industry Development”. I am confident that the Presenters/Discussants will do justice to the topics and deliver very constructive conversations and shared-insights that will elicit progressive engagements aligning with the ideals of the 8-Point Agenda of President Tinubu’s Administration which targets reinvigoration of the steel industry to serve as a catalyst for Nigeria’s industrialization.   .

ONGOING ACTIVITIES AND MILESTONES UNDER THE PRESENT ADMINISTRATION
Following the discouraging history of Steel Development in Nigeria in the past four and  a half decades, the President Bola Ahmed Tinubu’s administration has shown tremendous willingness to address the protracted challenges facing the industry. This noble decision of Mr. President is hinged on the following key objectives to be driven by the new Ministry of Steel Development;

To lead the campaign for the utilization of the abundant Steel Raw Materials in Nigeria for the substitution of imported Steel products which has been draining our foreign exchange to the tune of over $4Billion USD annually;

To evolve a regulatory regime that would ensure sustainable Steel and other Metals production in Nigeria for both local and international markets;

To set and monitor quality standards for local and foreign Steel products to curb structural failures in different construction projects in Nigeria and Generate employment and promote technology transfer for Nigeria’s economic development. We have taken this mandate since assumption of office on 21st August, 2023 with every sense of responsibility and the following milestones/activities were recorded;

Ajaokuta Steel Company Limited (ASCL)
The Federal Government has decided to privatise the fore-most integrated Steel Plant at Ajaokuta and its captive Iron Ore Mine at Itakpe and we have kick-started the process to ensure the accomplishment of the above. We recently signed a Memorandum of Understanding (MoU) with the original builders of the Plant, Messrs. TPE and their partners in Moscow, Russia. The procurement process for the selection of the technical audit firm has been completed and the auditing of the entire plant will commence before end of the year. 

Engineering Workshops at ASCL
We are working to also sign a Memorandum of Understanding with Ministry of Defence and Defence Industry Corporation of Nigeria (DICON) for the production of major input materials for the manufacturing of military hardware using the Five (5) Engineering Workshops in ASCL.

Aluminum Smelter Company of Nigeria (AlSCON)
A high-level executive meeting with Mr. President was held in July, 2024 and we were given a matching order to ensure that all issues encumbering the commencement of operation be resolved. Relevant stakeholders are currently working to address critical issues of sustainable & competitive gas pricing regime, power generation and evacuation into the national grid, ownership tussle and dredging of Imo River.  
Prospective New Investments into the Sector

We have also followed up on;
The landmark investment resolution reached between Mr. President and the President of Jindal Steel Group in India on the sidelines of the G-20 Meeting in New Delhi in 2023. Messrs. Jindal Steel Group has pledged to invest about $5 billion USD for the setting up of another 5 million tons steel plant in Nigeria and we are already providing the enabling environment through different organs of Government. This singular investment alone will require over 20 million tons of different steel raw materials to feed the Plant.

The Inner Galaxy Group’s is investing about USD 300 million in a new Steel Plant in Ogun State to produce Galvanized Steel Profiles for the Automotive Industry.
The Bell Oil and Gas USD 100 Million investment in Pipe Value Assembly and Composite Pipe manufacturing Facility in Lekki Free Trade Zone, Lagos and a host of others.

THE BOOT-CAMP TRAINING PROGRAMME
We are currently evaluating applications from over 225,000 online applications as at close of portal for the Pilot Boot Camp Training Programme for Nigerian youths for Technical Capacity Building in Welding/Fabrication, Industrial Foundry & Metallurgy, Instrumentation, System Control and Mechanical Maintenance. The idea is to train and develop the technical capacities of 700 selected Trainees and support them with equipment to become self-reliant and prepare a new set middle level manpower for the emerging Steel Industry in Nigeria. We are also liaising with tertiary and secondary education authorities in Nigeria to evolve sustainable mechanisms that will elicit interest of the youths in Material Sciences for sustainable manpower supply of the Metals Industry.

OTHER STRATEGIC INITIATIVES
Other Strategic initiatives we have embarked upon to re-position the Metals Industry include:

National Steel Summit
I have taken time to inspect a number of local Steel company operators in Nigeria to appreciate their issues and put the necessary fiscal incentives to support their investment. Some of the issues raised include dumping of sub-standard imported products, Energy supply, High cost of Scraps as input materials, forex for importation of equipment and logistics challenges. We shall be organizing a Summit of all stakeholders within the first quarter of 2025 to agree on a wholistic measures to promote our local operators.

Regulatory Frameworks 
We collaborated with the National Assembly Committees on Steel Development for quick passage of the following bills:
National Metallurgical Training Institute, Onitsha Establishment Bill;
Metallurgical Industry Bill;
and amendment of National Steel Council Act.

Roadmap for the Steel Industry
As the Regulator cum Administrator of the Metals Industry in Nigeria, we have developed an in-house Ten (10) year sectoral Roadmap for the sustainable growth of the sector with a target production of 10 million Tons of Crude Steel and other metallic products per annum. The document will be ready for presentation to stakeholders at the next summit for their inputs and review where necessary and final adoption by stakeholders. The final Roadmap Document would provide guidance to all industry players and prospective investors on the policy direction of the Federal Government of Nigeria.

CONCLUSION
I want to conclude by drawing our attention to the importance of adopting synergic approach to accomplishing the objectives of the Government Policy on Value-Addition to our solid mineral endowments. Complimentary to the sterling efforts and investments of the Federal Government in Geo-Science Data Generation, we must commensurately drive Value-Addition to our mineral resources to achieve the desired quick wins from Mines to Market. 

The Ministry of Steel Development is driving strong initiatives of Value Proposition for accelerated Metallic Minerals Development and therefore urge all industry stakeholders to support Government to convert our abundant mineral resources in Nigeria to semi-finished and finished steel products which will generate massive employment for our teeming youths, significantly improve the economic well-being of our people and meaningfully contribute to Nation’s GDP.

I wish you all a successful deliberation at this 9th Edition of the Nigeria Mining Week.

God bless the Federal Republic of Nigeria.

PUBLIC ANNOUNCEMENT


Oct
17
2024

BOOT-CAMP TRAINING PROGRAMME FOR NIGERIAN YOUTHS

The Ministry of Steel Development invites applications from existing and aspiring artisans for a one-month intensive boot-camp training programme.

OBJECTIVE: Empower Nigerian youths with advanced technical skills in:

1. Welding & Fabrication

2. Industrial Foundry & Metallurgy

3. Instrumentation Control & Mechanical Maintenance

BENEFITS:

- Expert training and mentorship

- Equipment support for business growth

- Job creation and sustainable livelihoods

ELIGIBILITY: Nigerian Youths (ages 18-40) interested in the metals industry

DURATION: One month

APPLICATION DETAILS: To apply, interested applicants should follow the link below

BOOT-CAMP TRAINING PROGRAMME FOR NIGERIAN YOUTHS

DEADLINE: 30th October, 2024


Steel Price

PHOTO NEWS


May
23
2025

THE MINISTER OF STEEL DEVELOPMENT, PRINCE SHUAIBU ABUBAKAR AUDU FACILITY TOUR OF PREMIUM STEEL AND MINES LIMITED (PSML), ALADJA DELTA STATE. HE IS ACCOMPANIED ON THE TOUR BY THE PERMANENT SECRETARY OF THE MINISTRY, DR. CHRIS OSA ISOKPUNWU AND SOME DIRECTORS.

L-R: The Vice Chairman Premium Steel and Mines Ltd, Mahesh Vaswani; the Honourable Minister of Steel Development, Prince Shuaibu Abubakar Audu during the Facility Tour of Premium Steel and Mines Ltd Aladja, Delta State on Thursday, 22nd of May 2025.

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PHOTO NEWS


May
24
2025

BOOTCAMP TRAINING AND EMPOWERMENT FOR NIGERIAN YOUTHS IN ONITSHA

The Honourable Minister of Steel Development, Prince Shuaibu Abubakar Audu delivering his speech during the closing Ceremony of the Bootcamp Training and Empowerment for Nigerian Youths

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