Stakeholders Strategise to Revamp Metallurgical Industry

Stakeholders in the Nigeria Metallurgical Industry have unanimously embarked on initiating strategies to ensure transformative results in the sector, which plays a key role in the economic diversification agenda of the present Administration.

The two-day summit with the theme: “Development of the Nigeria’s Metal Sector – A panacea for National Development and Imperative for Economic Diversification”, being held at Hotel Benizia in Asaba, Delta State provided the participants the opportunity to extensively discuss on the way forward for the sector and also explore ways of improving their activities.

In his welcome address, the Permanent Secretary, Ministry of Mines and Steel Development, Dr. AbdulkadirMu’azu represented by the Director Reform &Cordination, Mr. ZacheusAtte, commended the Ministry for organizing the 2nd Forum of the Industry, which provided a platform to dialogue with its operators from the South-South Zone in order to generate realistic policies that will facilitate growth in the sector.

He assured them of government readiness, to provide enablers for the operators and other allied metal outfits, since the industry has remained the bedrock of industrialization, sustainable growth and development of any nation.

The Chief Accounting Officer commended them for their immeasurable contributions towards achieving development in the sector and expressed optimism that their fruitful deliberationswill bring a renewed zeal and synergized commitment for further growth in the sector.

Delivering a goodwill message, a Professor of Geology, AkaheTse, urged the Ministry to persist in interacting with the stakeholders to aggregate views and solutions for sustainability of initiatives. He also hoped that the workshop will generate ideas that will assist the Ministry in the appraisal of policies and issues militating against Steel development and consumption.

The Director Metallurgical Inspectorate & Raw Materials Development (MI & RMD) Department in the Ministry, Mr. Victor Ihebinike, gave an overview of the sector and among other things solicited for the stakeholders support, especially Metal Sector operators to realize the Industry Bill for an effective regulation of the Metal Sector in Nigeria. He said government is committed to reducing and completing curbing the challenges in the sector.

Highlights of the event include paper presentation by well-seasoned experts in the field, which premised on the Metal Industry Value and the need for adequate support and improve the sector for the betterment of the citizenry and country.

The Deputy Director,MI & RMD, Engr. Olubusuyi Kehinde, in his remarks, acknowledged the Permanent Secretary and the entire Management of the Ministry for their immense efforts towards making the forum a success and prayed for the sector to attain greater heights.