In 1980, with the oil revenue, Shagari finished building the Kaduna refinery, which started operating that year. Also with the oil revenue, Shagari concluded the construction of an additional steel plant and three rolling mills at Ajaokuta. Shagari completed the Delta Steel complex in 1982. In 1983, Shagari created the Aluminum Smelter Company of Nigeria at Ikot Abasi. However, Shagari reduced the share of oil royalties and rents to state of origin from 30 to 2 percent
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