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The Ajaokuta Steel Mill is set to embark on military hardware production, according to the Minister of Steel Development, Prince Shuaibu Audu. He emphasized the commitment of the current administration to revitalize the light steel mill within the steel complex, enabling the production of both iron rods and military equipment. Audu revealed his collaboration with counterparts in the Ministries of Defence and Works to finalize plans for the steel plant, which has been dormant for many years.
In an interview on Channels Television’s Politics Today, Audu highlighted the broader scope of their revitalization efforts. He expressed the intention not only to restart the light steel mill but also to delve into the production of military hardware. This expanded vision includes manufacturing helmets, bullets, vests, tank pads, and rifles, among other military equipment. Audu has been working closely with the Minister of Defence, Alhaji Badaru, and the Minister of Works, Senator Umahi, to facilitate this comprehensive revival.
The Ajaokuta Steel Mill, a colossal project initiated over 40 years ago, has faced mismanagement by successive governments, preventing it from reaching its full operational potential. Despite these challenges, the current administration is resolute in revitalizing the light steel mill within the complex. The estimated cost for the overall revamp is between two to five billion dollars, with the light steel mill section accounting for approximately N35 billion.
To fund the revival of the light steel mill, the Minister disclosed that President Bola Tinubu granted approval to raise funds locally. The N35 billion investment is expected to enable the production of 50,000 tons of iron rods, with the potential capacity reaching up to 400,000 tons. This revitalization effort aligns with the government’s strategy to enhance local production and contribute to the nation’s economic development.
