Federal Government has urged a steel firm, Premium Steel and Mines Limited, based in Warri, Delta State to commence full capacity steel operations towards creating jobs for youths in the mining sector and industrialising the country.
This was stated by the Minister of Mines and Steel Development, Arc Olamilekan Adegbite, while on a visit to the company.
Adegbite made it known in a statement signed by his Special Assistant on Media, Ayodeji Adeyemi, who also maintained that it is the government’s resolve to ensure company’s like this are given support to grow and develop the sector by creating jobs and industrialise the economy.
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He said: “The mandate of the Ministry is to expand the sector, use it to diversify the economy and create jobs and also to generate revenue for the government. I will encourage you to speed up the process. You are going to employ a lot of people which is a welcome development.’
“For the nation to industrialise, we need to produce flat sheet, which is the ultimate goal of the sector. With flat sheet, we can produce many things like engine blocks, vehicle bodies, and others.”
“Government is willing to do everything to support the industry. That is why we have proposed a Metallurgical Industrial Bill, which is at the Council for approval. When it is approved it will support the industry.
“It will make it a lot easier for you to operate. We would have been empowered by the law to support you. The support we give will have the backing of the law”
