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NEWS

MAN Commends Tinubu on Investment Growth

September 11, 2023 • 2 min read

Professionals in basic metal, iron and steel products manufacturing, a sectoral arm of the Manufacturers Association of Nigeria (MAN) have commended President Bola Tinubu for his performances and efforts toward the nation’s economic growth at the just-concluded Nigeria-India economic roundtable meeting in India.

The group also commended the president for attracting the sum of $14 billion investment to boost the nation’s economy, adding that the feats recorded by the Bola Tinubu-led government within 100 days of its inauguration would, no doubt, accelerate economic recovery and business growth in the steel sector.

In a statement by the Chairman of the group, Dr. Kamoru Yusuf (MON), the people said that “Iron and steel sector, if given the required attention and necessary support, is capable of ensuring accelerated growth of the nation’s economy”.

Yusuf, who is also the group managing director of KAM Holdings Limited, a wholly owned indigenous iron and steel industry in Nigeria added that President Tinubu had by all standards demonstrated his love and readiness to support industrialists, adding “We, in the Iron and Steel sector of the Manufacturers Association of Nigeria (MAN), are ready to support his administration with data, workable templates and roadmaps that will support Mr. President in his endeavour to succeed on his mandate to Nigerian citizens.

“As major stakeholders in Nigeria’s Project, we received this news with huge excitement and sense of fulfillment and hope that the breakthrough will further change the game of operations as ‘Risk Takers’ in the nation’s business environment. We pledge our unalloyed support to your administration towards ensuring and providing enabling atmospheres for industrialists to continue to thrive.”

The statement also emphasised that “President Tinubu’s exceptional efforts in attracting such a substantial investment for Nigeria’s steel sector deserve standing ovation and applause.”

The group, therefore, promised to continue to support the Minister for Steel Development, Alhaji Shuaibu Audu, in the discharge of his duties at all times.