The Minister of Industry, Trade and Investment Dr. Doris Uzoka-Anite, is broadening Public-Private Sector collaboration with the view to achieve multi sectoral linkage in line with present administrations Industrialisation and growth agenda.
The Minister, said sectorial linkage has been identified as missing in creating a holistic approach to drive industrialization in the country.
She highlighted this at the weekend during her official visit to one of the country’s largest indigenous steel manufacturing Company, KAM STEEL INTEGRATED COMPANY LIMITED, Located at Holiness Highway, Igbafa Village, Sagamu, Ogun State.
Kam Steel Integrated Company Limited is a wholly owned indigenous integrated steel company in Nigeria having capabilities in contributing to the sector and economy of the country.
The visit of the Minister is in line with the agenda of Mr. President His Excellency Bola Ahmed Tinubu(GCFR), to reposition the economic growth through industrialization that will help in job creation, infrastructures, stable power etc.
During the visit, Minister expressed her satisfaction with the state of the art infrastructure at KAMSTEEL and commended Ultra Modern Production capabilities of the Company.
She equally noted the desire of the Federal Government to revamp the nation’s steel sector to enhance the economy as well as create employment opportunities.
The Minister stated that the country’s abundant mineral resources hold the key to reshaping the nation’s economic landscape and extending the benefits of democracy to every Nigerian.
By tapping into the latent potential of the steel sector and channeling it into lucrative ventures, we can ensure that the dividends of democracy reach every citizen.
“The steel sector stands as a pivotal pillar of Nigeria’s industrial growth, carrying the potential to provide substantial job opportunities for the youth.
“To realise this vision, the government is fully dedicated to implementing an extensive array of measures designed to attract reputable international investors,” she said.
Dr. Doris, reiterated her determination to boost Nigeria’s economy through aggressive industrialisation and robust investment regime.
“It’s time to set Nigeria on the path of greatness through industrialisation and investment,” Dr. Uzoka-Anite said.
The Minister further promised to consolidate on the mandate of President Tinubu in improving the economy by creating more investment and jobs for Nigerians.
She also harped on the readiness to rebrand Nigeria to the outside world to pull and attract more foreign direct investment and also make the country an investment hub for prospective investors, fostering the ease of doing business across the country.
In his remarks, Group Managing Director/CEO of KAM HOLDING, Dr. Yusuf Kamoru (MON), thanked the Minister for the visit and assured that the company is striving to sustain operations despite the economic headwinds and other critical challenges being faced by the sector.
Dr. Yusuf said, “As we all know that steel industry is one of the major bedrocks to developing a Nation and this official visit makes the clarity to know that Company has demonstrated that it has the capabilities and expertise to produce steel products of best quality that can be used for high rise Buildings, construction of Bridges, Roads, heavy structures etc. that withstands any international quality test” he said.
Company sells its premium brands rebars under the Brand name of ELEPHANT TMT and KAMSTEEL TMT.