{"id":70282,"date":"2025-07-11T11:49:39","date_gmt":"2025-07-11T11:49:39","guid":{"rendered":"https:\/\/abujacityjournal.com\/livenews\/?p=70282"},"modified":"2025-07-11T11:49:39","modified_gmt":"2025-07-11T11:49:39","slug":"nigeria-to-host-inaugural-national-steel-summit-in-abuja","status":"publish","type":"post","link":"https:\/\/abujacityjournal.com\/livenews\/2025\/07\/11\/nigeria-to-host-inaugural-national-steel-summit-in-abuja\/","title":{"rendered":"Nigeria to Host Inaugural National Steel Summit in Abuja"},"content":{"rendered":"<p><strong>By Olokuta Rofiat<\/strong><\/p>\n<p>In a step to revive Nigeria\u2019s long-dormant steel industry, the Federal Government will host the first-ever National Steel Summit in Abuja from July 16 to 17, 2025.<\/p>\n<p>The landmark event is aimed at repositioning the sector as a cornerstone of the country\u2019s industrial and economic development.<\/p>\n<p>Organized by the Federal Ministry of Steel Development, the summit will convene key stakeholders from both public and private sectors, including government officials, local manufacturers, foreign investors, policy experts, and international delegates from steel-producing nations.<\/p>\n<p>According to the Ministry, the summit will ignite strategic conversations on investment, infrastructure, innovation, and sustainability within Nigeria\u2019s steel value chain.<\/p>\n<p>The steel sector, described as a \u201csleeping giant,\u201d has been constrained for decades by inadequate infrastructure, inconsistent policies, and low investment, despite its vast potential.<\/p>\n<p>With Nigeria spending billions of naira annually on steel imports, the government says the summit reflects its renewed commitment to creating a viable ecosystem for domestic production and attracting foreign direct investment.<\/p>\n<p>Highlights of the event will include panel discussions, exhibitions, technical sessions, policy roundtables, and investment pitches.<\/p>\n<p>A major feature will be the unveiling of the National Steel Policy, a blueprint designed to revive abandoned steel plants, promote local sourcing of raw materials, and foster public-private partnerships.<\/p>\n<p>The Ministry emphasized that a vibrant steel industry will support broader national objectives in housing, transportation, defense, manufacturing, and job creation.<\/p>\n<p>As preparations intensify, stakeholders and economic observers are optimistic that the summit will mark a turning point in Nigeria\u2019s quest for industrial transformation.<\/p>\n<p>The government hopes the event will send a strong signal to global investors: Nigeria is open for serious industrial business and the steel sector is ready for a new dawn.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Olokuta Rofiat In a step to revive Nigeria\u2019s long-dormant steel industry, the Federal Government will host the first-ever National Steel Summit in Abuja from July 16 to 17, 2025. The landmark event is aimed at repositioning the sector as a cornerstone of the country\u2019s industrial and economic development. Organized by the Federal Ministry of [&hellip;]<\/p>\n","protected":false},"author":32,"featured_media":70283,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[172],"tags":[],"class_list":["post-70282","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"aioseo_notices":[],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/70282","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/users\/32"}],"replies":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/comments?post=70282"}],"version-history":[{"count":1,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/70282\/revisions"}],"predecessor-version":[{"id":70284,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/70282\/revisions\/70284"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media\/70283"}],"wp:attachment":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media?parent=70282"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/categories?post=70282"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/tags?post=70282"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}