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Nigeria imports N1tn steel despite N7.2bn Ajaokuta spend

The Punch

WorldThe Punch·Sep 8, 2026·1 min read

Nigeria imports N1tn steel despite N7.2bn Ajaokuta spend

Nigeria spent N7.2bn on Ajaokuta Steel Company between 2020-2025, yet imported N1tn steel. Discover the dormant plant’s costs and revival efforts. Read More: https://punchng.com/nigeria-imports-n1tn-steel-despite-n7-2bn-ajaokuta-spend/

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