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Speed up revitalisation of Ajaokuta, ALSCON, Mining Council urges FG

The Federal Government has been urged to speed up the revitalisation of the Ajaokuta Steel Company Ltd and Aluminium Smelting Company of Nigeria (ALSCON), as well as revive several moribund steel plants scattered across the country in a bid to grow the country’s steel sector and promote private sector participation in Steel development. The National Council on Mining and mineral Resources Development (NCMMRD) which stated this also urged government to, as a matter of urgency, compile a nationwide inventory of miners, active mining sites, processing companies, personnel and machinery in order to create an all-encompassing data bank to be used in advising potential investors and for investment planning. Also, the Ministry of Mines and Steel Development is to start forwarding the list of licence holders in every state of the Federation to their respective State government on quarterly basis for proper documentation.

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