Minister of Mines and Steel Development, Mr. Mohammed Sada has revealed that the Federal government is set to sell Delta Steel Company to an automobile firm.
The Minister made this statement when he appeared before the Senate Committee on Power, Mines and Steel, to defend his ministry’s 2015 budget.
He said “Now AMCON is in the process of selling it and I am aware there are quite a number of people that have written letters of intent that they are interested.
“What interests us in the ministry is that those interested are people that are interested in automobile development.
“We believe in the system now that someone who has interest in developing a value chain around the company is showing interest in buying it.”