News Formal

Nigeria secures deal with Russian company to revamp Ajaokuta Steel Plant

  • 📰 DailyPostNGR
  • ⏱ Reading Time:
  • 24 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 59%

Ajaokuta Steel Plant समाचार

Russian Company,Shuaibu Audu

The Federal Government of Nigeria has secured a deal with the builders of the Ajaokuta Steel Plant, Messrs Tyazhpromexport, for the rehabilitation, completion and operation of the plant, and the National Iron Ore Mining Company, NIOMCO.

The Minister of Steel Development, Shuaibu Audu, signed the Memorandum of Understanding on behalf of the Nigerian government in Moscow, Russia, a statement by the ministry's spokesperson, Salamotu Jibaniya, stated on Friday. According to her, the MOU was signed when Audu led a Nigerian delegation to Moscow from September 14 to 21, 2024. Speaking on the development, Audu said the deal is requisite to the industrialisation of Nigeria's economy.

He said: “The revival of the steel sector will also reduce importation of steel products into Nigeria, which is estimated at over $4 billion annually and will help save scarce foreign exchange.” In his remarks, the ministry’s Permanent Secretary, Chris Isokpunwu, said the Nigerian government is committed to revamping the Ajaokuta Steel Plant and NIOMCO. Also speaking, the Russian consortium pledged to meet the expectations of the MoU with the Nigerian government.

 

आपकी टिप्पणी के लिए धन्यवाद। आपकी टिप्पणी समीक्षा के बाद प्रकाशित की जाएगी।
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

 /  🏆 11. in İN

इंडिया ताज़ा खबर, इंडिया मुख्य बातें

Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।

Nigeria, Russia signs MoU to revive Ajaokuta steel company, NIOMCO operationsA Trusted Nigerian Newspaper
स्रोत: NigeriaNewsdesk - 🏆 10. / 63 और पढो »

NERC threatens to disconnect Ajaokuta steel company over N1.2bn debtNERC has threatened to disconnect Ajaokuta Steel Company Limited (ASCL) from the national grid over N1.2 billion in electricity debt.
स्रोत: thecableng - 🏆 2. / 80 और पढो »

NERC: Ajaokuta steel company risks disconnection over N1.2bn electricity debtNERC says Ajaokuta Steel Company Limited (ASCL) might be disconnected from the national grid over N1.2 billion in electricity debt.
स्रोत: thecableng - 🏆 2. / 80 और पढो »