FG urges scrap dealers to suspend strike, promises steel sector reform
The Federal Government has appealed to striking scrap metal dealers to suspend their industrial action and return to negotiations over their grievances. Read More: https://punchng.com/fg-urges-scrap-dealers-to-suspend-strike-promises-steel-sector-reform/
The Federal Government has urged scrap metal dealers to suspend their ongoing strike and resume negotiations to resolve grievances affecting the steel value chain. Minister of Steel Development, Prince Shuaibu Audu, made the appeal through the Permanent Secretary, Ambassador Nura Abba Rimi. The call for a suspension came after NASWDEN, an association representing scrap dealers, alleged practices undermining their operations and economic interests.
These grievances include undervaluation of scrap metals, scale manipulation, direct purchases by steel companies, and billet imports. The government recognizes these concerns and is consulting with the National Steel Council to develop balanced measures addressing the issues.
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