A manufacturing company, Aarti Steel Nigeria Limited has debunked media reports alleging that it planned on exiting Nigeria, stating that it has no plans to exit the country.
This is just as the firm said it has invested a cumulative total of $100 million into the Nigerian economy since its inception in 2003, thereby underscoring its commitment to the nation’s industrial growth and development.
A statement by the firm, titled: ‘False Media Reports on Aarti Steel Nigeria Limited’s Planned Exit from Nigeria’, said the reports were entirely unfounded and did not reflect its intentions or actions.
Chief Finance Officer, Sunil Sharma and the Director and Head of Operations, Girish Tripath, said the firm’s strategy has always been focused on the long-term survival and growth of its operations in Nigeria.
They said despite the current economic instability and the challenges presented by the foreign exchange crisis, Aarti Steel…
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