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


Mar
04
2026

Steel Development Minister Audu Delivers Keynote Address at the German–Nigeria Economic Forum

…Pushes for Strategic EU Economic Partnerships with Nigeria

The Honourable Minister of Steel Development, Prince Shuaibu Abubakar Audu, on Tuesday, March 3, 2026, delivered a keynote address at the ongoing Nigeria–German Economic Forum in Dortmund, Germany, where he outlined Nigeria’s strategic vision for advancing its steel and minerals sector value chain and attracting long-term foreign direct investment in line with the Renewed Hope Agenda of President Bola Ahmed Tinubu GCFR.

Prince Audu stated that Nigeria is transitioning from a raw materials exporter to a value-adding industrial economy and is therefore seeking credible, long-term partners to support this transformation. He further highlighted that Nigeria’s strategic positioning, combined with a population of nearly 250 million people—characterised by a large and youthful workforce—positions the country as a regional hub for African trade. He noted that Nigeria possesses abundant reserves of steel inputs and energy-transition minerals.

He emphasised that Nigeria has strong domestic demand for steel, with approximately $10 billion in annual utilisation, underscoring the scale of market opportunity, noting that Nigeria is seeking credible partners in steel and aluminium production and mineral beneficiation and processing, as well as industrial infrastructure development including power, rail, gas and ports. He also stressed the importance of technical skills development and technology transfer to strengthen the nation’s workforce capacity.

The Honourable Minister noted that Nigeria possesses significant deposits of iron ore—estimated at over 3 billion tonnes—as well as substantial reserves of limestone, manganese, copper, lead-zinc, lithium and rare-earth minerals. He informed the gathering that these resources support both domestic industrialisation and export opportunities to Europe.

Minister Audu was received by the Minister for Federal, International and European Affairs, Mr Nathanael Liminski; the Lord Mayor of Dortmund, Mr Alexander Kalouti; the President of the Dortmund Chamber of Commerce and Industry, Mr Heinz-Herbert Dustmann; and the Consul General to Slovakia, Mr Klaus Wagener.

Jun
22
2025

Minister of Steel Development Welcomes Benin President, Patrice Talon to West African Economic Summit …Reaffirms President Tinubu’s Pledge to National and Regional Economic Growth The Honourable Minister of Steel Development, Prince Shuaibu Abubakar Audu, on Saturday, June 21, 2025, received the President of the Republic of Benin, His Excellency Patrice Talon, on behalf of the President of the Federal Republic of Nigeria, His Excellency President Bola Ahmed Tinubu, GCFR, who is hosting the ongoing West African Economic Summit in Abuja, Nigeria. The West African Economic Summit (WAES 2025), themed “Unlocking Trade and Investment Opportunities in the Region,” is aimed at accelerating intra-regional economic growth, enhancing integration and resilience, harmonising trade policies, and removing barriers to intra-African commerce. It also seeks to mobilise investment for critical infrastructure, energy, and logistics; empower women, youth, and SMEs; and strengthen economic resilience through innovation, institutional reforms, and strategic partnerships. Prince Audu, who joined President Bola Ahmed Tinubu and other Heads of State and Government from across West Africa, described the Summit as a regional amplifier of the Renewed Hope Agenda, reflecting Nigeria’s economic reform efforts within a broader West African framework. “Mr. President has consistently reiterated his vision to grow the Nigerian economy to $1 trillion before the end of this administration. He has matched his words with action through bold and strategic reforms. Hosting the West African Economic Summit, in his capacity as Chair of the Authority of ECOWAS Heads of State and Government, reaffirms his commitment to regional growth and cooperation.” “President Tinubu’s vision extends beyond Nigeria to the entire sub-region. This Summit creates a critical platform for dialogue, collaboration, and progress toward shared prosperity in West Africa.” “At the Ministry of Steel Development, we are fully aligned with the Renewed Hope Agenda and are working tirelessly to contribute meaningfully to both national and regional economic development,” Prince Audu stated.

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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. 

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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”

PUBLIC ANNOUNCEMENT


The attention of the Federal Ministry of Steel Development has been drawn to recent media reports regarding the future of the Ajaokuta Steel Company Limited (ASCL).
While we note the concerns expressed, it is important to state that the Federal Government remains firmly committed to the development of Nigeria’s steel sector, including the resuscitation of ASCL.

A comprehensive technical and financial audit of the plant is presently underway to ensure that any decision taken is transparent, data-driven and in the best interest of Nigeria. The overall assessment of the previous technical audit report dated 2018 maintained that the general status of the Steel Plant is in robust condition except for normal deterioration of replaceable parts and recommended automation of manual control systems for improved efficiency.  The Ministry remains confident that the updated audit will provide a sound basis for decisive action that advances Nigeria’s industrial aspirations.

The Federal Government is determined to build a competitive and modern steel industry that supports national industrialization and infrastructure growth.

Salamatu Jibaniya
Head, Press and Public Relations Department
for:  Ministry of Steel Development

 


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PHOTO NEWS


Mar
03
2026

STRENGTHENING NIGERIA–GERMANY ECONOMIC TIES: STEEL DEVELOPMENT MINISTER SHUAIBU ABUBAKAR AUDU LEADS STRATEGIC INVESTMENT DISCUSSIONS

Honourable Minister of Steel Development, Prince Shuaibu Abubakar Audu

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PHOTO NEWS


Mar
04
2026

AUDU HIGHLIGHTS NIGERIA’S STEEL SECTOR OPPORTUNITIES AT GERMAN–NIGERIA ECONOMIC FORUM

Prince Shuaibu Abubakar Audu, Honourable Minister of Steel Development

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