By Louis Ibah
The Chairman Senate Committee on Privatisation, Senator Ben Murray Bruce, has commended the management of Dana Group for its massive investment in several sectors of the Nigerian economy. The senator made this known to newsmen during his committee’s recent visit and tour of Dana Steel Limited – a subsidiary of the Dana Group of companies.Senator Ben Bruce lauded Dana Group’s contribution to the Nigerian economy, especially for transforming the old Katsina Steel Rolling Mill, despite the present economic challenges in the country.
Also speaking while conducting the federal legislators during the tour of the steel rolling plant, the Managing Director/ Chief Executive Officer of Dana Group, Mr Jacky Hathiramani, said Katsina Steel Rolling Mill was acquired in 2006 as part of Dana Group’s expansion drive across the country. He said the acquisition was part of efforts to boost the production of billets using locally sourced materials have contributed greatly to the growth of the economy. The Dana Group is investing about N1.2billion in projects geared at uplifting the Nigerian economy.
Said Bruce, “We are happy with the giant strides recorded by Dana Group in turning around the old Katsina Steel Rolling mill. The plant is massive and the level of work done already despite the present economic challenges is highly commendable.’’