Tag: Ajaokuta Steel Complex

Nigeria’s dependence on imported steel is becoming an increasingly expensive burden on the economy, with official trade data showing that the country spent more than ₦1 trillion on iron and steel imports in 2025. The figure highlights a long-standing contradiction in Nigeria’s industrial policy: while the country continues to spend heavily on imported steel products, […]

By Emmanuel

August 31, 2026August 31, 2026