The All Progressives Congress Media Network commends President Bola Ahmed Tinubu’s administration for its unwavering commitment to revitalizing the Aluminium Smelter Company of Nigeria (ALSCON) in Ikot Abasi, Akwa Ibom State, with a significant investment of $465 million. This strategic initiative underscores the president’s dedication to Nigeria’s industrial development and economic diversification.
Prior to its shutdown, ALSCON played a pivotal role in the local economy, generating employment opportunities and revenue for the community. The company’s activities had a multiplier effect on the regional economy, stimulating economic growth, infrastructure development, and entrepreneurship opportunities.
The $465 million investment is poised to revive ALSCON’s fortunes, drive economic growth, and create over 500,000 direct and indirect jobs. Furthermore, the revival of ALSCON will attract foreign investments, enhance Nigeria’s position in the global aluminium market, and contribute significantly to the country’s GDP.
This initiative is a testament to President Tinubu’s visionary leadership and commitment to Nigeria’s development. His administration’s agenda to drive economic diversification and development is yielding positive results.
We believe that a second term would be instrumental in ensuring the sustainability and completion of these critical projects. A second term would enable President Tinubu to build on the momentum already generated, ensure the continuity of these projects, and cement his legacy as a transformative leader.
In conclusion, we urge Nigerians to support this initiative and join hands in building a brighter future for our nation. The APC Media Network congratulates President Tinubu on this achievement and looks forward to more successes in the future.
*Otuekong Iniobong John*
*Director General*,
*All Progressives Congress Media Network*
*19th August 2025*