Economy: Tinubu vows to invest in key sectors that will impact on citizens in Nigeria

Our reporter

President Bola Tinubu at the weekend has emphasized that investments in key sectors of the economy will adhere to clear timelines and be evaluated based on their impact on citizens in Nigeria.

Tinubu made this known during a meeting with Aluminium Smelter Company of Nigeria’s, ALSCON, management in Abuja.

He, however, highlighted the importance of reviving the smelter company in Ikot Abasi and called for detailed plans in the steel and energy sectors.

Mr. President however, directed the Minister of Steel Development, Prince Shuaib Audu, and the Special Adviser to the president on Energy, Ms. Olu Verheijen, to review and provide an update on the status of ALSCON.

Responding, the Chairman of ALSCON,

Alexey Arnautov, said that they are committed to investing $500 million to enhance the company’s operations.