The new operator of Delta Steel Company Company, Premium Steel and Mines Limited has assured that by December, 2017 the steel company will go into production as work is already at an advanced stage on the ongoing resuscitation of the company located at Ovwian-Aladja, Warri, Delta State.
The Chief Executive Officer of Premium Steel and Mines Limited, Mr. Prasanta Mishra who stated this while addressing newsmen in his office recently, assured that production would begin before the end of this year, adding that the ongoing resuscitation process was now at an advanced stage.
The CEO called on the host communities and all stakeholders to cooperate with the company to be able to achieve the vision of the Federal Government for self-sufficiency in steel production and strong technological base for the country, that the company was pursuing the resuscitation programme with all the aggression it deserves so as to fling open the door of employment for the teeming army of unemployed but qualified youths roaming the streets of Nigerian towns and villages.
He maintained that in the short period Premium Steel has taken over the former DSC, the company has impacted positively on various areas of needs of the host communities particularly in voting huge sum of money to intervene in the educational and health needs of the people through the provision of critical facilities to tackle the challenges being faced by the people in those sectors and many others.
He added that while PSML will continue to pay attention to Corporate Social Responsibility and other activities, the communities were bound to reap immense benefits from the company once production begins.
He therefore appealed to the people to support the resuscitation programme and discourage actions, activities and utterances capable of hampering the laid out plan of actions designed to speed up the resuscitation process for production to begin.
“Let me assure you that production will begin at the plant before the end of this year, all things being equal. The resuscitation programme is in top gear and we hope to deliver on our promises to begin production as soon as possible. But first we must get the various units of the plant which have been out of use for about 5-10 years to life, inject the necessary oxygen to activate the various arteries of the plant and bring it to production level as soon as possible.
“Once that is achieved, we shall employ hundreds of people for the first phase of production and thereafter, things can only get better for everybody”, the CEO assured, adding that the plant, when into full production capacity shall give direct and indirect employments to over five thousand staff and that its impact on the local economy, he said, can only be imagined.
