Steel Sector Repositioning: Gateway to Sustainable Nigerian Industrial Development
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Steel is at the hea1-t of economic and sustainable
development of any nation. It is one of the matedals most
widely used by all secton of the economy, fmm 1·esom-ceefficient
building stmctm·es to ene1·gy-saving tmnspm·t and
infmstmctuml systems to envh-onmentally-fdendly
industdal development anchm·ed on clean 1·enewable ene1·gy
and 1·ecyclable pmducts. Considedng that the most
advanced economies of the wodd pmduce and consume
la1·ge quantities of steel and ti·ying to assess the challenges
confmnting Nigedan industdal development, the state of
Nigedan steel development is evaluated in this 1·esea1-ch.
This pape1· 1·esea1-ches into the state of steel pmduction and
consumption in Nigeda. Data collected on Nigedan steel
industdes and the best pmctices in the inte1·national scenes
a1·e statistically analyzed. The 1·esults obtained cleady shows
that the mot of poo1· pel"fo1·mance of Nigerian economy is
due to the poo1· perfo1·mance of Nigedan steel industi·y. The
pape1· pmposes way out fm· the 1·epositioning of Nigedan
steel industi·y and then fm· the tme Nigedan Sustainable
Industdal Development.
Keywords
TA Engineering (General). Civil engineering (General)