The Vice President, Kashim Shettima, has restated the determination of the Bola Tinubu administration to revive the Aluminium Smelter Company of Nigeria , Ikot Abasi, Akwa Ibom State, particularly by engaging with key stakeholders in the industry.
The meeting with the stakeholders was in furtherance of the efforts by the Federal Government to reactivate production lines at ALSCON by re-engaging with UC RUSAL and other partners in the resuscitation of the plant.Shettima noted the enormous benefits for the economy in many aspects, such as in the area of energy transition and job creation both directly and indirectly, and its impact on the development of small businesses is also huge.
The vice president urged all the stakeholders to expedite work on the plan of action to restart production at the company. Mr Putin noted in his opening remarks that the potential for trade and economic cooperation between Russia and African countries is much higher than the trade turnover of USD 18 billion seen in 2022.