President BOLA TINUBU has approved the setting up of an inter-ministerial committee on the execution of three steel development projects, including the revival of the Ajaokuta Steel Mill.

Minister of Steel Development, SHAUIBU AUDU, disclosed this to newsmen after he and the Minister of Défense, ABUBAKAR BADARU, met with President TINUBU at the State House, Abuja.

Members of the committee include the Minister of Finance and the Coordinating Minister of the Economy, WALE EDUN, Minister of Industry, Trade and Investment, DORIS UZOKA, Minister of Solid Minerals Development, DELE ALAKE, the Minister of Defence, MUHAMMADU BADARU, and the Minister of Steel Development, SHUAIBU AUDU.

According to AUDU, besides the task of sourcing funding for the revitalisation of the moribund Ajaokuta Steel Company Limited, the committee will also work to actualise the setting up of a steel company by a Chinese company, as well as finding a location for a proposed steel plant for an India firm.

He added that if the committee can complete all the projects that have been committed to its hands which include the revival of the Ajaokuta steel mill, President TINUBU’s administration will be able to create not less than 500,000 jobs.