FG, World Bank Collaborate to Revive Nigeria’s Steel Sector The Federal Government, through the Ministry of Steel Development, has intensified efforts to revive Nigeria’s steel sector with the support of the World Bank. The Minister, Prince Shuaibu Abubakar Audu, received the World Bank delegation on a strategic visit aimed at finalizing a comprehensive Roadmap for the revival of the industry, with particular focus on iron ore and other critical raw materials. During the engagement, the Minister reaffirmed the Ministry’s commitment to collaboration, highlighted ongoing legislative reforms, and requested the inclusion of the Nigeria Solid Minerals & Raw Materials Exploration Agency (NSRMEA) in national geo-data initiatives. The World Bank outlined plans to engage stakeholders, complete the Steel Sector Assessment Survey, address technical challenges at sites like Agbaja iron ore, and deliver a draft report by mid-2026, emphasizing Nigeria’s goal to modernize the steel sector and boost local production. @MinSteelDevNG

FG, World Bank Collaborate to Revive Nigeria’s Steel Sector The Federal Government, through the Ministry of Steel Development, has intensified efforts to revive Nigeria’s steel sector with the support of the World Bank. The Minister, Prince Shuaibu Abubakar Audu, received the World Bank delegation on a strategic visit aimed at finalizing a comprehensive Roadmap for the revival of the industry, with particular focus on iron ore and other critical raw materials. During the engagement, the Minister reaffirmed the Ministry’s commitment to collaboration, highlighted ongoing legislative reforms, and requested the inclusion of the Nigeria Solid Minerals & Raw Materials Exploration Agency (NSRMEA) in national geo-data initiatives. The World Bank outlined plans to engage stakeholders, complete the Steel Sector Assessment Survey, address technical challenges at sites like Agbaja iron ore, and deliver a draft report by mid-2026, emphasizing Nigeria’s goal to modernize the steel sector and boost local production. @MinSteelDevNG