The Federal Government has signed a $1bn iron ore steel deal project with China.
This was revealed in a statement by Special Adviser to the Minister of Solid Minerals Development Minister Dr Oladele Alake, Kehinde Bamigbetan.
The deal was signed for Kogi State as a breakthrough in the Federal Government’s campaign to make local value addition the model of development in the solid minerals sector.
While addressing the promoters- Chart and Capstone Integrated Limited of Nigeria and Sinomach-He of China-on the sidelines of the visit of President Bola Ahmed Tinubu to China in Beijing recently, Alake pledged the cooperation of the Federal Government with the promoters to ensure the delivery of the project as fast as possible.