Nigeria Signs $1bn Investment MoU With India’s Rashmi Steel Group

The Federal Government has inked a $1 billion investment deal, signing a Memorandum of Understanding (MoU) with the Indian conglomerate, Rashmi Metaliks Group.

The agreement, signed on Tuesday in Kolkata, was for a projected investment of $1 billion over three years.

This followed the Minister’s tour of the steel plant in Kolkata, where he commended the scale of the operations and advanced…