ADVERTISEMENT
  • Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Saturday, September 20, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

NASENI, NMDC Sign MoU To Revamp Iron & Steel Sector

by Innocent Odoh
3 years ago
in Business
NAseni
Share on WhatsAppShare on FacebookShare on XTelegram

The National Agency for Science and Engineering Infrastructure (NASENI) and the National Metallurgical Development Centre (NMDC) Jos, have signed a memorandum of Understanding (MoU) to work together to revamp the iron and the steel sector of the country and other allied industries.

Advertisement

Speaking during the signing ceremony in Abuja yesterday, executive vice chairman of NASENI Prof.Mohammed Sani Haruna remarked that Nigeria must revive its iron and steel sector as no meaningful industrialisation efforts could yield fruits without the development of the sector.

The NASENI boss said that to run Nigeria’s industries effectively and to sustain the manufacturing sector locally, Nigeria needs to build most of its machines and equipment locally in order to deepen the impacts of innovations and to make the manufacturing of goods and services become part and parcel of the culture of the citizens.

According to a statement issued by Olusegun Ayeoyenikan, deputy director, Information of NASENI, Prof. Haruna explained that for industrialization to become sustainable in any country, the steel, iron and tools required to build the machines that are needed to sustain both the productive and manufacturing capacities of the country, to a large extent, must be developed locally.

Prof.Haruna said that “without the full participation of NMDC and the metallurgical development subsector of the economy, it is extremely difficult to industrialise Nigeria.”

Related News

‎Compound Group Unveils Subsidiaries, Marks First Anniversary With Exclusive Offers

10 hours ago

JUST-IN: Dangote Refinery Halts Product Sales To Unregistered Marketers

17 hours ago

Speaking further, the Executive Vice Chairman disclosed that the newly signed MoU between NASENI and NMDC was to provide a threshold for the resuscitation of Nigeria’s iron and steel sector and the beginning of the genuine revitalization of Nigeria’s industrial sector.

He said “the NMDC is the real development centre to make our nation economically viable and the MoU between the Centre and NASENI today is to put the sustainable development of the manufacturing industry on the right track”.

Prof. Haruna added that the working collaborations at the instance of the MoU between NASENI and NMDC had been instituted to provide a solid foundation for the steel and iron sector of Nigeria to flourish because the subsector is the very foundation for the manufacturing sector of the country to prosper.

Responding during the signing of the MoU, the director general/CE of NMDC Prof. Linus O.Asukwo, who signed the document on behalf of Centre, thanked the Executive Vice Chairman of NASENI and Management for the leadership in promoting the science, technology and innovation sector of the Nigerian economy.

Contained in the MoU are some of the terms of reference which include; equipment and facilities support in the areas of Metallurgy research & development, Minerals Research & Development, Analytical and Environmental Services and Consultancy services in Metallurgy, Mineral Processing, Analytical and Environmental related issues and Capacity building.

Others include; Equipment and machine design, fabrication, spares and component parts production, Equipment and machinery maintenance, repairs and training, Supply of research equipment and shared facilities, Joint Research & Development and commercial ventures and other areas as may be determined by both parties.

The NMDC Jos was established as a research and development organization with the mandate to carry out research and development activities for the metallurgical and allied industries for the growth of the nation’s solid minerals sector.

On the other hand, NASENI has the mandate of providing research and developmental works in the areas of capital goods, machines and equipment for the purpose of developing a home-grown and home sustained industrial development of the country.

Join Our WhatsApp Channel

SendShare10173Tweet6358Share

Other News Updates

Business

‎Compound Group Unveils Subsidiaries, Marks First Anniversary With Exclusive Offers

2025/09/19
Business

JUST-IN: Dangote Refinery Halts Product Sales To Unregistered Marketers

2025/09/19
Business

Akwa Ibom Looks Beyond Oil, Targets Agric Products For Export

2025/09/19
Business

Equities Extend Gains, Up By N144bn

2025/09/19
Business

Global Aircraft Manufacturer Bombardier Endorses Dangote Refinery

2025/09/19
Business

Nigerian Aviation Regulator Fines Kenya Airways For Consumer Rights Violation

2025/09/19
Leadership Conference advertisement

LATEST

Doctors Task Women On Routine Health Checks

49 Bag First Class As UNIOSUN Graduates 2,851

Sultan, YABATECH Partner On Education, Community Devt

Police Nab Suspect Over Murder, Assault In Lagos

Olubadan-designate Seeks Support For Successful Reign

Amotekun Nabs 51 Suspected Criminals In Ondo

Driver Held Over Illegal Firearms In Oyo

Nigerian Brand Showcases Culture At 2025 Bolé Festival

Global Initiative Appoints Nigerian Entrepreneur Chukwunyere M/East, Africa’s Deep Tech Ambassador

Ogun Now Has N16trn Economy – Abiodun

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.