FG Broadens Public-private Sector Collaboration On Industrialisation

The federal government is broadening Public-Private Sector collaboration with the view to achieve multi sectoral linkage in line with present administrations Industrialisation and growth agenda.
The FG, through the minister of Industry, Trade and Investment, Dr. Doris Uzoka-Anite, said sectorial linkage has been identified as missing in creating a holistic approach to drive industrialization in the country.
She highlighted this at the weekend during her official visit to one of the country’s largest indigenous steel manufacturing Company, Kam Steel Integrated Company Limited, in Sagamu, Ogun State.
Kam Steel Integrated Company Limited is a wholly owned indigenous integrated steel company in Nigeria having capabilities in contributing to the sector and economy of the country.

The visit of the minister is in line with the agenda of president Bola Ahmed Tinubu to reposition the economic growth through industrialization that will help in job creation, infrastructures, stable power, among others.
During the visit, the minister expressed her satisfaction with the state of the art infrastructure at KAMSTEEL and commended Ultra Modern Production capabilities of the company. She equally noted the desire of the federal government to revamp the nation’s steel sector to enhance the economy as well as create employment opportunities.
The minister stated that the country’s abundant mineral resources hold the key to reshaping the nation’s economic landscape and extending the benefits of democracy to every Nigerian, by tapping into the latent potential of the steel sector and channelling it into lucrative ventures.

“We can ensure that the dividends of democracy reach every citizen. The steel sector stands as a pivotal pillar of Nigeria’s industrial growth, carrying the potential to provide substantial job opportunities for the youth. To realise this vision, the government is fully dedicated to implementing an extensive array of measures designed to attract reputable international investors,” she said.
He reiterated her determination to boost Nigeria’s economy through aggressive industrialisation and robust investment regime, saying, ‘It’s time to set Nigeria on the path of greatness through industrialisation and investment.’ The minister further promised to consolidate on the mandate of

President Tinubu in improving the economy by creating more investment and jobs for Nigerians.
In his remarks, group managing director/CEO of KAM HOLDING, Dr. Yusuf Kamoru thanked the minister for the visit and assured that the company is striving to sustain operations despite the economic headwinds and other critical challenges being faced by the sector.

Yusuf said: “As we all know that steel industry is one of the major bedrocks to developing a Nation and this official visit makes the clarity to know that Company has demonstrated that it has the capabilities and expertise to produce steel products of best quality that can be used for high rise Buildings, construction of Bridges, Roads, heavy structures etc. that withstands any international quality test,” he said.