FG signs $1.3bn deal to revive Delta Steel Company

By Boluwatife Oshadiya | August 21, 2026 Key Points Main Story The Federal Government has signed a sub-lease agreement with Premium Steel and Mines Limited (PSML) to restore and fully operationalise the former Delta Steel Company at Ovwian-Aladja, Delta State. The agreement between the National Iron Ore Mining Company (NIOMCO), Itakpe, and PSML will support … Continue reading FG signs $1.3bn deal to revive Delta Steel Company