The member representing Ajaokuta Federal Constituency in the green chamber of the National Assembly, Hon. Sanni Abdulraheem, has praised President Bola Tinubu for signing a Memorandum of Understanding (MoU) for the rehabilitation of Ajaokuta Steel Company and National Iron Ore Mining Company Itakpe.
The member also commended the Minister of Steel Development, Shaibu Audu, and noted that the effective and commercial operation of the Ajaokuta steel company will signal the industrial revolution of Nigeria.
He mentioned that when Ajaokuta is fully operational, the multiplying effect will lead to foreign exchange earnings, generation of employment, and provision of manpower needs of Nigeria through technology transfer, among other benefits.
According to Hon. Abdulraheem, “These benefits are not limited to employment creation, steel, rod supply and other investment opportunities alone but also to the growth and development of the nation.
Speaking further on the benefits of the Ajaokuta steel company, he said don’t forget that Information on the website of the complex said: “Ajaokuta integrated steel complex was conceived and steadily developed with the vision of erecting a Metallurgical Process Plant cum Engineering Complex for generating upstream and downstream industrial and economic activities that are critical to the diversification of our economy into an industrial hub.
Other benefits of putting the Ajaokuta Steel Company on a sound and sustainable productive footing according to the lawmaker, include “feeding the gradually expanding railways with spare parts from its foundries; supplying materials required to produce a Nigerian car to the Zaria-based Nigerian Automotive Design and Development Council (NADDC) and supporting the entrenchment and deepening of local content in the lucrative Oil and gas industry. .
While commending the Sole Administrator of the company Engr. Sumaila Aka’aba, the management team and the staff for keeping the hope of a functional Ajaokuta steel company alive through maintenance and security of the national asset, he charged them to work relentlessly until the goal of a viable Ajaokuta steel is realized.
He stressed that as a lawmaker from the area, he will continue rally the support of his colleagues to make legislation that will fastract the completion and operation of the two companies, Ajaokuta steel and Itakpe iron ore mining company.
He called on the people of Kogi state, particularly the people of Ajaokuta Federal Constituency, to continue to support the initiative of the administration of president Ahmed Tinubu and the state Governor Alhaji Ahmed Usman Ododo to ensure early completion of the companies.