The Federal Government has stepped up efforts to attract German technology and investment into Nigeria’s steel industry, with a focus on mineral processing, equipment manufacturing, technology transfer and the development of local industrial value chains.
The Minister of Steel Development, Shuaibu Audu, stated this on Thursday when he received a delegation of German Original Equipment Manufacturers led by the Head of VDMA-German OEMs, Chux Onaa, at the ministry’s headquarters in Abuja.
Audu stated this in a statement issued by the ministry’s Head of Press and Public Relations, Ijomah Opia, on Friday, noting that the engagement was aimed at converting previous discussions between Nigeria and Germany into concrete investment and industrial partnerships.
He recalled that both countries had explored opportunities in steel development, mining, mineral processing, engineering and technology transfer during engagements at the 9th German-African Economic Forum in Dortmund, Germany, earlier in the year.
The minister said the German delegation’s
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