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The Chief Executive Officer of a Nigerian-based steel manufacturing
company, Mr Sanjay Kumar, has said that Nigeria has the potential to
become a global player in the manufacture and exportation of iron rods.
Kumar, CEO of African Foundries Limited, made the statement while
taking newsmen on a tour of the company's steel mill at Ogijo in Ogun
State on Tuesday.
"Nigeria has abundant iron ore deposit and if the full potential of
government is ploughed into its exploration and exploitation, this
country can begin to produce steel for export.
"The potential is there for Nigeria because of her drive toward
economic diversification; her manpower base; her intellectual base in
metallurgy science; and because she possesses abundant natural resources
for steel production.
