Steel Manufacturers Hail Tinubu Over $14bn Investment

Basic Metal, Iron and Steel Products Manufacturers Association, a sectoral arm of the Manufacturer Association of Nigeria, (MAN) has commended President Bola Tinubu for attracting $14 billion investment to boost the nation’s economy.

It also praised the president for his brilliant performances at the just concluded Nigeria-India economic roundtable meeting in India, noting the spirited efforts he made at the summit in his quest to ensure the growth of Nigeria’s economy.

The association, in a statement signed by its chairman, Alhaji  Kamoru Yusuf, who is also the group managing director of KAM Holdings Limited, an Ilorin- based iron and steel company, added that the feats recorded by the Bola Tinubu-led government within 100 days of its inauguration would no doubt accelerate economic recovery and business growth in the steel sector.

“President Tinubu has by all standards demonstrated his love and readiness to support the industrialists.

We, in the iron and steel sector of the Manufacturers Association of Nigeria (MAN) are ready to support his administration with data, workable templates and roadmaps that will support Mr. President in his endeavour to succeed in delivering his mandate to Nigerians.

“As major stakeholders in Nigeria’s project, we received this news with huge excitement and sense of fulfillment and hope that the breakthrough will further change the game of operations as ‘risk takers’ in the nation’s business environment. We pledge our unalloyed support to Bola Tinubu’s administration towards ensuring and providing an enabling atmosphere for industrialists to continue to thrive.

“President Tinubu’s exceptional efforts in attracting such a substantial investment for Nigeria’s steel sector deserves standing ovation and applause, “the association said.

The association pledged its continuous support for the minister of Steel Development, Alh Shuaibu Audu.