LAWMA DISSOCIATES ITSELF FROM UNAUTHORISED USE OF ITS UNIFORM AND TRUCK IN VIRAL VIDEO. (PHOTO). #PRESS RELEASE.

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 LAWMA dissociates itself from the unauthorised use of its uniform and truck in the viral video. The Authority did not approve the shoot, and the lewd content does not reflect our values. An internal investigation is underway. #LAWMACares PRESS RELEASE: LAWMA LAGOS WASTE MEN AUTHORITY PRESS STATEMENT  LAWMA DISSOCIATES ITSELF FROM UNAUTHORISED USE OF ITS UNIFORM AND TRUCK IN VIRAL VIDEO.   The Lagos Waste Management Authority (LAWMA) is aware of a recently circulated video featuring some entertainers wearing LAWMA uniforms and using one of the Authority's operational trucks without any form of approval. We wish to clearly state that LAWMA had no knowledge of, and did not grant permission for, the use of its uniforms, truck, or any other official asset for the said recording. The context and content of the material. particularly its lewd and inappropriate expressions do not in any way reflect the values, mandate, or public-facing image of the Authority. Preliminary fi...
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PRESIDENT TINUBU RECEIVES BRIEF ON $10 BILLION INVESTMENT PROSPECTS IN NIGERIA'S STEEL SECTOR.(PHOTOS).#PRESS RELEASE

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STATE HOUSE PRESS RELEASE 

PRESIDENT TINUBU RECEIVES BRIEF ON $10 BILLION INVESTMENT PROSPECTS IN NIGERIA'S STEEL SECTOR


President Bola Tinubu, on Thursday, at the State House in Abuja, held a meeting with the Minister of Steel Development, Prince Shuaibu Abubakar Audu, and the Minister of Defence, Alhaji Mohammed Badaru, during which he received briefing on investment prospects in the steel sector.

The President emphasized that a revitalized steel development industry is both a catalyst for robust economic growth and a doorway to immense opportunities for Nigeria's massive pool of talented entrepreneurs.

"We will remain unyielding in our determination to build a Nigeria where every citizen has an equal opportunity to prosper and achieve their dreams. New investments in steel production will spur the growth of so many sectors. Industrialization will be a reality in our country with sufficient energy and steel. Nigerian steel will undergird our economy and other economies in our region in future years. I am glad that members of my cabinet have adopted my approach to attracting new investments and job opportunities for our people. Hard work is the only true pathway. We will not relent," the President stated.

The Ministers informed the President of their discussions with a Chinese company, Luan Steel Holding Group, to build a new steel plant in Nigeria, as well as to commence the production of military hardware in Ajaokuta Steel Plant. 

A delegation led by the Minister of Defence and the Minister of Steel Development had visited Hefei and Guangzhou regions of China to hold business talks with the Chairman of Luan Steel Holding Group, Mr Wang Jianbing; the Chief Executive Officer of the Company, Mr Xiao Weizhan, and other senior executives of the Luan Steel Holding Group. 

The Chinese company is expected to invest billions of dollars in Nigeria to build the new steel plant. 

The Minister of Steel Development briefed the President, following his approval to restart the Light Steel Mill (LSM) section of Ajaokuta Steel Complex for the production of iron rods, on the progress made on restarting the section, which will cost N35 billion at the first stage.

The Minister said several financial institutions had already provided offer letters for this transaction and that the project is expected to create up to 5,000 direct and indirect jobs for Nigerians.

The Minister of Steel Development also informed the President of discussions with the representatives of Jindal Steel Group of India. 

Jindal Steel Group had indicated interest in investing up to $5 billion in a new steel plant in Nigeria on the sidelines of the G20 meeting in New Delhi, India, in September, 2023, and is now considering to either acquire existing plants or set up greenfield plants. 

According to the Minister, upon the completion of these deals, about $10 billion worth of new investments in both new and existing steel plants in Nigeria will be established, which will create over 500,000 direct and indirect jobs in the steel industry in line with President Tinubu's Renewed Hope Agenda for massive job creation through industrialization.

Chief Ajuri Ngelale 

Special Adviser to the President 

(Media & Publicity)

January 11, 2024.
One more photo below. 

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