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From Juliana Taiwo-Obalonye, Abuja
President Bola Tinubu has urged the Minister of Steel Development, Shuaibu Audu, to intensify efforts to revive the Ajaokuta Steel Complex and attract fresh investments into Nigeria’s steel industry as he marks his birthday on November 6.
The President, in a birthday message issued by his Special Adviser on Information and Strategy, Bayo Onanuga, acknowledged Audu’s role in advancing the administration’s efforts to revitalise the country’s steel sector and expand its contribution to national development.
Tinubu specifically highlighted the minister’s efforts to facilitate investment discussions and partnerships aimed at strengthening domestic steel production, including ongoing initiatives to revive the Ajaokuta Steel Complex and other strategic assets in the sector.
He encouraged Audu to remain focused on the administration’s objectives of boosting local steel production, attracting investments and supporting Nigeria’s industrial development.
The President also acknowledged Audu’s more than two decades of professional experience in banking and finance, spanning corporate and investment banking, asset management and venture capital.
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Before his appointment to the Federal Executive Council in August 2023, the minister held several senior positions at Stanbic IBTC Group, including Chief Executive Officer of its venture capital business.
His professional experience also includes engagements with the Bank of New York Mellon in the United States and Credit Suisse in Switzerland.
Audu is a graduate of the University of Leicester and holds a master’s degree from Henley Business School, University of Reading, as well as an MBA from the University of Oxford.
Tinubu wished the minister good health, continued strength and success in his service to the country.
