Nigeria-India $1bn Steel Deal at Risk as Power, Logistics Gaps Threaten Execution — Economist Warns – Analysis, Oil & Gas | Naija247news
Abuja, May 3, 2026 (Naija247news) — Nigeria's $1 billion steel investment agreement with India's Rashmi Metaliks Group is facing early scrutiny over execution risk, with analysts warning that persistent infrastructure constraints could erode the project's commercial viability despite its strategic industrial ambitions. The deal, signed under a Memorandum of Understanding between Nigeria's Ministry of Steel Development and Rashmi Metaliks in…
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