Steel manufacturers hail Tinubu on $14b investment pipeline

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Basic Metal, Iron and Steel Products Manufacturers (BMISPM), a sectoral arm of the Manufacturer Association of Nigeria (MAN) has hailed President Bola Tinubu for attracting $14 billion foreign investment into Nigerian economy.

The group also applauded the president’s spectacular achievements in his 100 days in office, noting that the feats would engender economy recovery and growth of the steel sector

In a statement, BMISPM’s Chairman, Kamoru Yusuf praised President Tinubu’s performances and efforts towards the nation’s economic growth at the just concluded Nigeria-India economic roundtable meeting in India.

He added that the “iron and steel sector, if given the required attention and necessary support, is capable of ensuring accelerated growth of the nation’s economy.

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Dr. Yusuf, who is also the Group Managing Director of KAM Holding Limited, a wholly owned indigenous iron and steel industry in Nigeria said that “President Tinubu has by all standards demonstrated his love and readiness to support industrialists. We, in the Iron and steel sector of MAN are ready to support his administration with data, workable templates and roadmaps that will support Mr. President in his endeavour to succeed in his mandates to Nigerian citizens.

“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 your administration towards ensuring and providing enabling atmospheres 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.”

Alhaji Yusuf assured of the group’s continued support for the Minister for Steel Development, Alhaji Shuaibu Audu, in the discharge of his duties at all times.

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