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Nigeria’s steel dreams still idle after billions spent

Steel factory. Photo by Peter Herrmann @ Unsplash
Steel factory. Photo by Peter Herrmann @ Unsplash
  • Ajaokuta Steel Complex remains unfinished four decades later despite billions invested
  • Nigeria imports $3.3 billion worth of steel annually while domestic demand soars

 

ABUJA, NIGERIA – Nigeria’s flagship Ajaokuta Steel Complex has stood idle for more than four decades, despite billions of dollars spent and soaring demand for steel.

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