Soviet Technical Assistance and Nigeria's Steel Complex

Author:

Alli-Balogun Gbolahan

Abstract

The great strength, durability, and versatility of steel has undoubtedly caused this engineering material to become, almost literally, an essential foundation of present-day civilisation.1 Indeed, it is sometimes used as one of the indices of measuring the economic advancement of nations because of its widespread direct and indirect application. The commercial importance and strategic significance of steel has been recognised in Nigeria for many years, and this has prompted successive Governments to initiate various plans designed to create a metallurgical industry. As the country continues to expand its manufacturing output, as well as to produce more oil and to refine more petroleum, so the demand for the precious metal will go on increasing tremendously.2 The creation of an iron-and-steel complex by means of a combined investment of over 5,000 million is clearly Nigeria's biggest industrial undertaking and emphasises its resolve to attain greater self-reliance.3

Publisher

Cambridge University Press (CUP)

Subject

Sociology and Political Science,Geography, Planning and Development

Reference36 articles.

1. Awe Olumuyiwa , ‘Steel Development in Nigeria: problems and prospects’, Nigerian Academy of Science Lecture at the Ogun State Polytechnic, Abeokuta, 8 January 1983.

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