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National Assembly Approves Increased Budget Allocation for Steel Ministry in 2025

by Editorial Team
23 January 2025
in News
National Assembly Approves Increased Budget Allocation for Steel Ministry in 2025

The National Assembly has ordered the upward review of the 2025 budget for the Ministry of Steel Development.

The Chairman of the Joint Committee on Steel Development, Senator Patrick Ndubueze, gave the order after the Minister of Steel Development, Mr. Shuaibu Audu, presented the ministry’s 2025 budget estimate before the parliament.

The minister in his presentation sought an increase in the ministry’s budgetary allocation to perform optimally.

Audu, according to a statement issued on Thursday in Abuja by the ministry’s Head of Information and Public Relations, Salamatu Jibaniya, revealed the ministry got N24 billion as against its request for N315 billion in the 2025 budget.

 

 

The chairman called for the establishment of Scrap Collection Centres across the six geopolitical zones of the country to safeguard public infrastructure and boost steel production.

He also urged the Minister of Budget and Economic Planning, Atiku Bagudu, to collaborate with the committee on the review to ensure fulfillment of the ministry’s mandate.

Tags: General News

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