Unlocking Prosperity: The Synergy of Governance, Steel Development and The Tinubu Presidency

No doubt, steel revolution has been the fulcrum of development in the world. Right from the industrial revolution of 1750s occasioned primarily by steel and which has launched nations to prosperity, governments all over the world have taken this key strategic sector into consideration in their administrational policies. This paper therefore tries to examine governance role in steel development in furtherance of national prosperity with special focus on the Bola Ahmed Tinubu presidency which has recreated the Ministry of Steel Development on assumption of Office in May 2023. Using historical methodology of analyzing primary and secondary sources, the paper argues that unlike the developed nations that unlocked their steel potentials, Nigeria has been duck lamed in her steel policies since Shehu Shagari government was overthrown in 1983. The paper further posits that succeeding administrations since 1983 were not able to synergise governance and steel development despite the bountiful advantages of steel exploration to a nation. The paper believes that with the re-designation of the Ministry of Steel Development and other positive deliberate governmental policies, the Tinubu administration could leverage on the potentials of steel to unlocking national prosperity