Abuja, July 12, 2025 – Nigeria is to hold its first national steel summit to position the country as a leading steel hub in Sub-Saharan Africa.
It is also to unlock the country’s steel potential and boost the national Gross Domestic Product (GDP).
Shuiabu Abubakar, the Minister of Steel Development, said this at a press briefing in Abuja.
He said the summit, with the theme `Rebuilding and Consolidating Nigeria’s Steel Industry: Collaborative Action for Sustainable Growth and Global Competitiveness`, would hold in Abuja from July 16 to July 17, 2025.
Abubakar said the summit would provide a platform for stakeholders in the sector to appraise the current status of the industry and explore investment opportunities.
He said they would also identify policy and infrastructure gaps and adopt a common roadmap for the revival and sustainable growth of Nigeria’s steel sector.
The minister said the current administration was determined to ensure the emergence of a virile steel industry in Nigeria, especially given the country’s abundant raw materials available in commercial quantities nationwide.
He said the summit would assist the government on its mandate to set and monitor standards for steel products to prevent structural failures in Nigeria’s construction sector.
