President Bola Tinubu has approved the appointment of Nasir Naeem Abdulsalam as the Managing Director, Ajaokuta Steel Company. Segun Imohiosen, Director of Information and Public Relations at the office of the Secretary to the Government of the Federation (SGF), announced the appointment on Friday.
The statement said, “The appointment takes effect from 3rd April, 2025 and is in accordance with the provisions of the Certain Political and Judicial Office Holders (Salaries and Allowances, etc) Act 2008 as amended.”
Imohiosen added, “Until his appointment, Nasir served as the Technical Adviser to the Honourable Minister of Steel Development as well as the Special Assistant (Academics) to Director General of National Institute for Legislative and Democratic Studies (NILDS).
“President Tinubu tasks the appointee to leverage on his wealth of experience in the steel industry in his new assignment in revolutionising the company to generate important upstream and downstream industrial and economic activities that will position the nation as the industrial hub of Africa in line with the diversification drive of the Renewed Hope Agenda.”
The four-decade old company is yet to be completed after series of efforts to get it running. Hope was raised in 2002, during the administration of former president Olusegun Obasanjo when it was concessioned to a Japanese company. But the contract was later transfered to another company two years after that effort. It is, however, hoped that with the new commitment demonstrated by the current administration Ajaokuta steel may be resuscitated.