Nigerian President Refuses To Approve USD1 Billion For Steel Plant
- Apr 17, 2019-
Nigerian president Muhammadu Buhari declined to approve a proposed USD1 billion fund for Ajaokuta Steel, a moribund steel plant, saying it "is not the best strategic option for the nation"In June 2018, lawmakers sought to fund expenditure for Ajaokuta Steel from oil savings, known as the Excess Crude Account. to enable the state to retain the ownership of the steel plant. However, Buhari plans to sell the plant."The nation cannot afford to commit such an amount in the midst of competing priorities" and budgetary constraints. Buhari said in a March 19 letter to lawmakers that was read in parliament Tuesday.According to Buhari. who secured a second four-year term in February, any proposed funding for the steel plant should be sought via the national budget
Cangzhou Steel Pipe Group (CSPG) Co., Ltd. is a large-sized, key metallurgic enterprise of Hebei Province in North China, whose history dates back to 1994. CSPG currently em/paces six member companies with products varying from SSAW, LSAW, ERW, seamless steel pipes to 3PE pipes, galvanized pipes, casing pipes, etc. A Joint-stock corporation, CSPG occupies an area of 600,000 square meters with a total asset of $530 million.
Specialized in the production of straight welded pipe spiral pipe galvanized pipe 3PE/3PP/FBE/TPEP internal and external epoxy powder internal and external epoxy resin cement mortar two cloth three oil buried pipeline IPN8710 non-toxic drinking water internal and external plastic coated lining plastic and other anti-corrosion pipe fittings for oil and gas pipeline water conservancy projects
Executive standard :DIN30670 DIN30678 CSA Z245 AFNOR nf49-710/711 NACE rp0394/0490 AWWAC 210/C213GB/T9711 API 5L ISO 3183Material: Q235B/Q355BGR A GR B x42-x80 l245-l555
Business scope: 21.3mm-3620mmLSAW submerged arc welded pipe 325-2020mmERW straight welded pipe 6mm-711mmSMLS seamless tube 10-1120mmSSAW spiral steel tube 219-3620mmDemand for quality suppliers and partners
Packing & Delivery
Q: Do you have quality control?
A: Yes, we have gained BV, SGS authentication.
Q: Can you arrange the shipment?
A: Sure, we have permanent freight forwarder who can gain the best price from most ship company and offer professional service.
Q: How long is your delivery time?
A: Generally it is 7-14 days if the goods are in stock. or it is 25-45 days if the goods are not in stock, it is according to quantity.
Q:Can we visit your factory ?
A:Warmly welcome once we have your schedule we will pick you up .