- Nigeria recently has struck a deal with Russia on the completion of the abandoned Ajaokuta steel plant
- President Muhammadu Buhari and Russian President Vladimir Putin concluded the agreement in Russia, on Wednesday, October 23
- The facility is located in Kogi and news of the agreement has been hailed by the state governor, Alhaji Yahaya Bello
Governor Yahaya Bello of Kogi state has commended President Muhammadu Buhari over a recently signed bilateral agreement with Russia.
President Buhari had at the just concluded Russia-Africa summit, signed an agreement with his Russian counterpart, Valdmir Putin, to revive the Ajaokuta Steel Rolling Mill.
Built on a 24,000 hectares site in Kogi state, the multi-billion dollar project was built by Russians in 1979.
Stakeholders in the Nigerian mines and steel industry, had before now, stated that only th Russians who built the facility, can truly revive it.
An elated Governor Bello in a statement sent to journalists via his spokesman, Onogwu Mohammed, on Thursday, October 24, stated that the efforts of the Buhari administration in reviving the lost facility “was an attestation to the fact that he was a promise keeper.”
He said the government and the people of Kogi state owed the President Buhari a deep sense of gratitude, affirming that the confluence state would continue to give the administration it’s the very best support
The governor also thanked the Russian government for showing faith in the possibilities which the steel company holds, assuring them of Kogi government’s unflinching support in the revival process.
When revived, it is expected that the facility would be used to generate important upstream and downstream industrial and economic activities in Nigeria.
this is as the Buhari administration continues on its efforts aimed at the diversification of the Nigerian economy into an industrial one.
In a related development, the Nigerian government and a Turkish firm, Sur Corporatewear, on Thursday, October 24, signed an agreement on the establishment of a military and paramilitary clothing factory in Kaduna.
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