The Nigeria Society of Engineers (NSE), Ajaokuta branch, has said that the giant Steel Project in the area has slept for too long and that it was high time they woke her up from its slumber.
The £746 million ($997 million) funding pact sealed on March 19 during President Bola Tinubu’s London visit on 19 March 2026 between UK Export Finance (UKEF) and the Nigerian Ports Authority (NPA) is epochal for West African maritime infrastructure. It seeks to renovate the decrepit Apapa and TinCan Island ports.
For British Steel, the contract to supply 120,000 tonnes of steel billets valued at £70 million represents the company’s largest export order wrought by UKEF. For Nigeria, it bodes a sobering picture. A multibillion-naira industrial
