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Overview

Indian Billionaire, Raj Gupta To Build Steel Plant In Nigeria

Niger State has allocated 500 hectares of land to Abuja Steel Mills Limited for a massive solar farm and new industrial park.
The project will combine large-scale steel manufacturing with a dedicated solar plant, aiming to reduce reliance on Nigeria's unreliable electricity grid.
This initiative aligns with the state's broader plan to become a key industrial corridor, supported by additional land, gas pipeline access, and hydro assets.
Officials highlight the role of steel and renewable energy investments in achieving Nigeria's goal of building a $1 trillion economy by 2030.

https://africa.businessinsider.com/local/markets/indian-billionaire-raj-gupta-secures-500-hectares-to-build-what-could-become-sub/5s2q7b9