Onuesoke Lauds FG’s Deal to Revive Delta Steel Company
Sylvester Idowu in Warri Chairman of DAS Energy Services Ltd, Udu, near Warri, Chief Sunny Onuesoke, has lauded the federal government’s agreement with Premium Steel and Mines Limited (PSML) to revive
Chief Sunny Onuesoke, the chairman of DAS Energy Services Ltd, expressed his satisfaction with the federal government's deal to revive the Delta Steel Company (DSC) in Ovwian-Aladja, Delta State. The agreement, signed by the Ministry of Steel Development, involves Premium Steel and Mines Limited (PSML) and the National Iron Ore Mining Company (NIOMCO).
Onuesoke stated that the revival of DSC, if successful, could generate employment for around 25,000 individuals and stimulate economic activities in the region. The project is expected to create opportunities for ancillary businesses such as trading and real estate, as well as contribute to the development of infrastructure, including roads and railways.
Onuesoke expressed hope that the revival of the steel plant would restore Delta State's status as a key industrial and commercial center, attract new investors, and reduce crime rates in the state.
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