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Shuaibu Abubakar Audu: The torchbearer determined to serve his people and revive Nigeria’s Steel Industry
Shuaibu Abubakar Audu: The torchbearer determined to serve his people and revive Nigeria’s Steel Industry
By Lizzy Okoji
Since his appointment as Honourable Minister of Steel Development, Prince Shuaibu Abubakar Audu has emerged as a source of optimism for Nigeria’s steel industry, leveraging his deep understanding and skill to revitalise the sector. Undoubtedly, the ex-investment banker, politician, and son of the late political icon who was the first and second civilian governor of Kogi State, Prince Abubakar Audu; has injected new life and a fresh thinking into Nigeria’s steel industry, sparking optimism for a more promising future.
Tasked with the responsibility of reviving and repositioning the Nigerian steel industry under President Bola Ahmed Tinubu’s Renewed Hope Agenda, Prince Audu has not rested on his oars, but has instead shown great determination for the country’s publicly owned steel plants to begin steel production before the end of the first term of President Bola Ahmed Tinubu GCFR.
Given his background as an investment banker with over twenty years cognate experience, it was no surprise when President Tinubu appointed the prominent Kogi Prince as Minister in August 2023, tasked with overseeing the newly-created ministry and driving the President’s vision of industrialising Nigeria through the steel sector.
As Minister of Steel Development, Prince Audu aims to revive and reposition Ajaokuta Steel Company Limited as a world-class steel producer as well as resuscitate other steel rolling-mills across the country, develop and implement policies to grow the Nigerian steel industry, attract investments and partnerships to drive industry growth, create jobs and stimulate economic growth through steel production.
The Honourable Minister’s commitment to reviving the company with new and effective strategies has attracted potential international investors and partnerships, paving the way for Nigeria to become a major player in the African steel market.
Prince Audu has embarked on a comprehensive reform agenda to address the sector’s challenges with the following key initiatives: engaging with industry stakeholders, including steel producers, miners, and equipment suppliers to understand their challenges and concerns to help him develop a 10-year roadmap for the industry to address the sector’s specific needs.
Following high-level meetings with companies like Luan Steel Group of China and Jindal Steel of India and other prospective investors, they have shown interest in building new steel plants in Nigeria, a development that would boost the country’s steel production capacity and attract foreign direct investments.
Under his leadership, the Ajaokuta Steel Company Limited, once a dormant giant, is now roaring back to life. With the potential to create over 500,000 jobs, the successful revival of the steel company would be a game-changer in reducing poverty and achieving the Federal Government’s Renewed Hope Agenda.
The hope of reviving Ajaokuta Steel plant can be said to be just around the corner, as the committed Minister, following the approval of Mr. President, is in the final stages of working with investors to revive the light section mill that will produce iron rods, the wire rod mill, the lime calcination plant and thermal power plant.
The visionary Prince of the Niger, is also set to get presidential approval to declare the 24,000 hectares of land in the Ajaokuta steel territory an industrial park (with a free trade zone and CNG park), which will further drive foreign investments into Kogi State, making the state one of the major industrial hubs in the country.
A significant development in “walking the talk’ of the Minister’s efforts are partnerships between the Ministry of Steel Development and Ministry of Defence as well as the Presidential Compressed Natural Gas Initiative (P-CNGI) which are beginning to yield positive results. The Works Ministry will also be off-takers of steel produced from Ajaokuta, which would be used in building roads and infrastructure across the country, while the Engineering workshop of the steel plant is being resuscitated to manufacture military hardwares in collaboration with the Ministry of Defence. Land will also be allocated in the steel territory for the military to build a military industrial complex in Ajaokuta.
The launch of 1 million Compressed Natural Gas (CNG) vehicles as directed by President Bola Ahmed Tinubu before the end of 2025 further restates the importance of the collaboration between the Ministry and the PCNGI to establish a CNG Park within the territory of Ajaokuta. The park will benefit from the existing infrastructure, like the natural gas line from Warri to Ajaokuta among others.
Noteworthy is that the influence of the astute Prince Audu extends far beyond the steel sector, as he has leveraged his position to bridge the gap between the government and the people of Kogi East Senatorial District, as well as the entire state, delivering numerous interventions for his people, which he had always done through his Foundation, the Prince Shuaibu Abubakar Audu Foundation even before becoming Minister.
His strong commitment to President Tinubu’s Renewed Hope Agenda earned him high marks from the Concerned Northern Forum (CNF), a coalition of 73 civil society organisations, in a predictable yet notable endorsement for delivering on his mandate of reviving the steel sector.
The Presidential Conditional Grant Programme, which he facilitated, had a positive impact on 5,000 beneficiaries in Kogi State, who received a one-off payment of N50,000 each, spread across the three senatorial districts, in addition to consistent distributions of palliatives such as Rice, Groundnut Oil, Salt and Fertilizers as well as financial support to communities across the State.
In a strong show of support, the Minister visited Omala Local Government Area of the State, donating N5 million of his personal resources as well as relief materials to those affected by herdsmen and bandits’ attacks. At the IDP camp, which he visited with his wife, he expressed solidarity and commitment to working with authorities to end the violence and restore peace to the communities.
Not ignorant of the current challenges of the country in the face of the transformative agenda of President Bola Ahmed Tinubu, the Minister is committed to leveraging on his position as the representative of his people at the federal level, collaborating with the leadership of Kogi State, Governor Ahmed Usman Ododo, to bring the necessary succour and interventions to ameliorate the challenges of the people, while driving sustainable development projects to the state.
Although the Prince of Steel faces a monumental task in restoring the steel industry amidst financial constraints, he remains unwavering in his commitment to etch his name in the annals of history by revitalizing the idle steel plant and the broader steel industry in Nigeria.
Shuaibu Abubakar Audu: The torchbearer determined to serve his people and revive Nigeria’s Steel Industry
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Congo: 10,000 confirmed Ebola cases demands rapid scale-up – NRC
Congo: 10,000 confirmed Ebola cases demands rapid scale-up – NRC
By: Our Reporter
Norwegian Refugee Council (NRC) calls for urgent scale-up as outbreak continues to outstrip humanitarian operation
The Democratic Republic of the Congo (DR Congo) has now confirmed more than 10,000 cases of Ebola in the current Bundibugyo virus outbreak.
“The outbreak has affected eight provinces in DR Congo, placing an enormous burden on affected communities. The epidemic is currently concentrated in eastern parts of the country, but recent cases in Kenya and Nigeria have raised fears of a regional flare-up. Almost five thousand deaths have now been confirmed in DR Congo alone.
“The outbreak comes on the backdrop of a chronic and neglected humanitarian crisis in eastern DR Congo. NRC has been operational in the country for over two decades, and is taking part in the Ebola response, including in the most affected province of Ituri. NRC urgently calls for sustained and coordinated efforts to protect communities, strengthen access to essential services, and address the needs of people affected by the outbreak and displacement.
“As I move around Ituri I’m seeing just how hard the disease is hitting communities, and I am struck by how much more needs to be done to bring this outbreak under control,” said Silvia Beccacece, NRC emergency team leader. “Families here have been struggling for years as a result of extreme violence, forced displacement, and the lack of essential services. Ebola comes on top of that, at a point where many have exhausted their ability to cope with the additional challenge it brings. The fact remains that this response is in no way proportionate to the vast scale of the outbreak.
“Combating Ebola requires close cooperation between health authorities, humanitarian organisations, community-based organisations, and international partners. It is essential that the response is scaled up in a way that keeps communities at the centre and is grounded in local customs and traditions. NRC calls on donors and partners to increase their support for humanitarian operations in the DR Congo, particularly in areas affected by the outbreak and displacement.
“10,000 confirmed cases must be a wake-up call that this response is not getting ahead of the outbreak, and is not supporting communities with what they need to bring transmission under control. The warning signs are here for all to see: now it depends on whether leaders will take notice and take the required action,” said Beccacece.
Congo: 10,000 confirmed Ebola cases demands rapid scale-up – NRC
News
AFD, BOI Sign $30m Deal to Unlock Finance for Nigeria’s Creative Sector
AFD, BOI Sign $30m Deal to Unlock Finance for Nigeria’s Creative Sector
…90% of facility reserved for small businesses, women and youth entrepreneurs targeted
By: Michael Mike
The French Development Agency (AFD) and the Bank of Industry (BOI) have signed a $30 million financing agreement to expand access to credit for Nigeria’s creative industry, with at least 90 per cent of the facility earmarked for micro, small and medium-sized enterprises (MSMEs).
The agreement, which includes a €500,000 technical assistance programme, is AFD’s first credit line dedicated to cultural and creative industries anywhere in the world, positioning Nigeria as the beneficiary of a financing initiative targeting one of the country’s emerging sources of jobs and economic diversification.

The facility, signed in Abuja during the visit of AFD Chief Executive Officer, Christophe Lecourtier, is designed to improve access to finance for businesses in fashion, design, textiles, music, film and audiovisual production, video games and visual arts.
Women-led and youth-led enterprises, as well as first-time borrowers, are among the priority beneficiaries of the programme, which seeks to address financing barriers that have constrained the growth of creative businesses.
The initiative comes as Nigeria’s cultural and creative industries account for approximately five per cent of the country’s Gross Domestic Product (GDP) and provide livelihoods for more than 4.2 million people.
Under the agreement, the BOI will deploy the credit facility to eligible businesses, while the technical assistance component will strengthen the bank’s capacity to finance the sector through staff training and the development of financial products tailored to the needs of creative enterprises.
The programme targets the training of at least 70 per cent of relevant BOI staff, alongside the development of specialised financing products to better serve businesses whose needs may differ from those of conventional industrial enterprises.
The agreement was signed by BOI Managing Director, Dr Olasupo Olusi, and Lecourtier, who represented AFD, reinforcing the longstanding partnership between the two institutions.

Beyond expanding access to credit, the initiative is expected to promote financial inclusion, support skilled employment and strengthen the contribution of the creative economy to Nigeria’s sustainable and inclusive growth.
Its focus on smaller businesses could prove particularly significant for entrepreneurs seeking to expand production, acquire equipment, develop new products or reach wider markets but who struggle to secure affordable financing.
The facility also aligns with the Federal Government’s Destination 2030 ambition for the creative sector, as Nigeria seeks to diversify its economy and harness industries capable of generating employment and business opportunities for its growing population.
The €500,000 technical assistance component is expected to complement the lending facility by improving BOI’s capacity to understand and meet the financing needs of creative businesses.
For AFD, the agreement represents an expansion of its development financing partnership with Nigeria, while the BOI is expected to use the facility to support enterprise development, job creation and economic diversification.
The two institutions said the programme would help remove financial and non-financial barriers to the development of Nigeria’s cultural and creative industries.
AFD, BOI Sign $30m Deal to Unlock Finance for Nigeria’s Creative Sector
News
Family Seeks Fresh Probe into Missing Corpse at Anambra Hospital
Family Seeks Fresh Probe into Missing Corpse at Anambra Hospital
By: Michael Mike
The family of a deceased engineer whose corpse allegedly disappeared from a mortuary in Anambra State has asked the Inspector-General of Police (IGP) to order a supplementary investigation into the incident, citing omissions and inconsistencies in the police report.
The family, through its lawyer, Mr Joseph Offor, said the investigation into the disappearance of Chukwunweike Okammelu’s body from the mortuary of Chukwuemeka Odumegwu Ojukwu Teaching Hospital, Amaku, Awka, had left critical questions unanswered.
In a letter dated July 6 and addressed to the IGP, Offor, counsel to Chief Osita Okammelu, urged the police chief to review the investigation and direct further inquiries into the circumstances surrounding the disappearance of the corpse.
The petition was also copied to the Deputy Inspector-General of Police in charge of the Force Criminal Investigation Department, Abuja.
Offor said the matter was referred to the IGP following the family’s complaint, after which it was assigned to the Intelligence Response Team (IRT) for investigation.
He said the IRT had concluded its investigation and issued a report, but his client identified material omissions, inconsistencies and investigative gaps that, he argued, undermined the completeness, fairness and credibility of the findings.
According to him, the report acknowledged the possibility of criminal conspiracy and systemic failures but recommended the prosecution of only the mortician, Mr Clement Ogbonna.
He further alleged that the report acknowledged that significant aspects of the investigation remained outstanding while simultaneously recommending immediate prosecution.
Offor said the findings also identified serious administrative and operational negligence without adequately investigating or recommending appropriate action against all persons who might bear criminal responsibility.
He added that the investigators relied on financial records, call data records and other documentary exhibits without making comprehensive findings from the evidence.
The lawyer said critical questions concerning the chain of custody of the corpse, the roles of other listed suspects, institutional responsibility and the circumstances surrounding the alleged unlawful release and disappearance of the body remained unresolved.
Following the disappearance, the family had reported the matter to the police and raised concerns about what it described as the unprofessional conduct and poor handling of the case by the hospital management.
Offor alleged that, rather than adequately addressing the incident, the hospital leadership relied on what the family described as “spurious narratives and falsehoods” attributed to the mortician.
“Our client has accordingly prepared a detailed analysis identifying these gaps and respectfully demonstrating why he believes the investigation requires further review,” he said.
He urged the IGP to direct a supplementary investigation, with particular attention to the issues outlined in a memorandum accompanying the petition.
“Our client firmly believes that a thorough and comprehensive investigation will ensure that truth is fully uncovered and that justice is done to all parties without fear or favour,” Offor said.
Family Seeks Fresh Probe into Missing Corpse at Anambra Hospital
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