Ajaokuta Steel Company is a steel manufacturing plant located in Ajaokuta, Nigeria. Established in the 1970s, it was designed to produce steel products for both domestic use and export. The company has the potential to significantly contribute to Nigeria's industrial growth and economic development. Despite its initial promise, Ajaokuta Steel Company has faced numerous challenges, including funding issues and management problems. As a result, the plant has not operated at full capacity for many years. Efforts are ongoing to revitalize the company and harness its resources for the benefit of the Nigerian economy.