Ayo Ola
The Basic Metal, Iron
and Steel Products Manufacturers on Monday lauded President Ahmed Bola Tinubu forattracting $14 billion investment commitments to boost Nigeria’s economy, during the just concluded Nigeria-India Economic Roundtable meeting in India.
The group, a sectoral arm of the Manufacturer Association of Nigeria, (MAN) has commended the President for the feats his government made within 100 days of its inauguration.
It added that the achievements will no doubt accelerate economic recovery and business growth in the steel sector.
These were contained in a statement by the Chairman of the group, Dr. Kamoru Yusuf (MON).
He also lauded President Tinubu for what he called the President’s overwhelming performances and efforts towards the nation’s economic growth of the country.
Dr Yusuf stated that the Iron and Steel sector if given the required attention and necessary support, was capable of ensuring accelerated growth of the nation’s economy.
Dr Yusuf, who is also the Group Managing Director of KAM Holding Limited, a wholly owned indigenous Iron and Steel Industry in Nigeria, pledged the unalloyed support of the steel manufacturers to President Tinubu’s administration towards ensuring and providing enabling atmospheres for industrialists to continue to thrive.
Yusuf said, “President Tinubu has by all standards demonstrated his love and readiness to support 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 his mandates to Nigerian citizens.
“As major stakeholders in Nigerian Project, we received this news with huge excitement and a sense of fulfilment 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 deserve standing ovation and applause.”
He also pledged the group’s continued support for the Minister for Steel Development, Alhaji Shuaibu Audu, in the discharge of his duties at all times.