Minister of Mines and Steel Development, Dr. Kayode Fayemi, who stated this at the ongoing 2nd Nigeria Mining Week, in Abuja, also disclosed that the Federal Government had resolved issues of ownership of the investment with Global Steel Holdings Limited.
He said the Federal Government, last week, appointed a Sole
Administrator for the complex, as a prelude to the eventual engagement
of a technically and financially competent investor.
He further raised the hope that the issues militating against the
reactivation of the Aluminium Smelting Plant at Ikot Abasi in Akwa Ibom
State would also be soon resolved.The minister also described “all these as inherited problems for the
present administration but since government is a continuum”, he assured
of the present administration was committed to confronting them.
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