Aarti Steel Nigeria succumbs to economic pressure, shuts down plant

Nigeria News News

Aarti Steel Nigeria succumbs to economic pressure, shuts down plant
Nigeria Latest News,Nigeria Headlines
  • 📰 PremiumTimesng
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 78%

Aarti Steel has been in business in Nigeria for over a decade and has established itself as a reliable business partner for numerous customers in the country and beyond.

Middlemen take advantage as several factors limit palm oil production in Akwa IbomSCORECARD: Under Tinubu, Nigeria’s education sector yet to see renewed hopeEditorialSPECIAL REPORT: Katsina farmers lament impact of climate changeSPECIAL REPORT: Insecurity, other factors limit cashew farming in NigeriaINVESTIGATION: Inside illegal operations of mining firm responsible for Ibadan fatal explosionAarti Steel Nigeria which has been into roofing sheet production for many years with considerable...

The Chairman of Galvanized Iron Steel Manufacturers Association , a sub-sector of Basic Metal, Iron & Steel and Fabricated Metals Products under MAN expressed disappointment over the proposed sale of Aarti Steel engendered by the economic downturn the company has found itself. He, however remains optimistic that Nigeria has committed indigenous companies likewith the right expertise, financial strength and tenacity to revamp and turn around such distressed steel plants without much fuss.

Aarti Steel Nigeria has been in business in the country for over a decade and had established itself as a reliable business partner for numerous customers in Nigeria and beyond. Before the prevailing economic downturn, the company had built an enviable reputation for providing high-quality products at competitive prices, backed by prompt and efficient service.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

PremiumTimesng /  🏆 3. in NG

Nigeria Latest News, Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

NFF names venue for President Federation Cup finalNFF names venue for President Federation Cup finalPremium Times - Nigeria'bs leading online newspaper, delivering breaking news and deep investigative reports from Nigeria
Read more »

A generation desperately in need of kingdom men (2), By Ayo AkereleA generation desperately in need of kingdom men (2), By Ayo AkerelePremium Times - Nigeria'bs leading online newspaper, delivering breaking news and deep investigative reports from Nigeria
Read more »

Enugu Rangers veterans: Preserving memory and honouring a legacy, By Chidi Anselm OdinkaluEnugu Rangers veterans: Preserving memory and honouring a legacy, By Chidi Anselm OdinkaluPremium Times - Nigeria'bs leading online newspaper, delivering breaking news and deep investigative reports from Nigeria
Read more »

2024 Hajj: Another Nigerian governor criticises NAHCON’s operations, vows to lead campaign to scrap commission2024 Hajj: Another Nigerian governor criticises NAHCON’s operations, vows to lead campaign to scrap commissionPremium Times - Nigeria'bs leading online newspaper, delivering breaking news and deep investigative reports from Nigeria
Read more »

Rehoboam, presidential jet and Nigerians’ aparo eggs, By Festus AdedayoRehoboam, presidential jet and Nigerians’ aparo eggs, By Festus AdedayoPremium Times - Nigeria'bs leading online newspaper, delivering breaking news and deep investigative reports from Nigeria
Read more »

Article of Faith: One, two, many gods (1), By Femi AribisalaArticle of Faith: One, two, many gods (1), By Femi AribisalaPremium Times - Nigeria'bs leading online newspaper, delivering breaking news and deep investigative reports from Nigeria
Read more »



Render Time: 2025-03-04 12:55:58