JUST IN: Tinubu Appoints New MD for Ajaokuta Steel Company

President Bola Ahmed Tinubu has appointed Nasir Naeem Abdulsalam as the new Managing Director of Ajaokuta Steel Company, effective April 3, 2025. The announcement was made in a statement issued Friday by Segun Imohiosen, Director of Information and Public Relations in the Office of the Secretary to the Government of the Federation.

Abdulsalam brings extensive experience in the steel industry to the role, having previously served as Technical Adviser to the Minister of Steel Development and as Special Assistant (Academics) to the Director General of the National Institute for Legislative and Democratic Studies.

His appointment is in accordance with the Certain Political and Judicial Office Holders (Salaries and Allowances, etc.) Act of 2008, as amended. President Tinubu has tasked Abdulsalam with spearheading efforts to revitalize Ajaokuta Steel Company, positioning it as a driver of industrial and economic growth in line with Nigeria’s ambition to become Africa’s leading industrial hub.

This development forms part of the administration’s broader Renewed Hope Agenda, which aims to promote economic diversification and accelerate industrialization. Ajaokuta Steel Company, widely seen as Nigeria’s most significant industrial initiative, remains central to the country’s long-term economic strategy.