Read the passage below carefully:
In October 1977, the Federal Military Government of Nigeria issued Decree No. 45, establishing the National Steel Development Authority (NSDA) to oversee the country's nascent iron and steel sector. The agency was mandated to execute technical feasibility studies, acquire foreign metallurgy licenses, and construct the nation's inaugural integrated steel plant at Ajaokuta. Although initial administrative blueprints proposed placing the authority under the Ministry of Mines and Power, the decree placed NSDA directly under the Cabinet Office to expedite decision-making. Consequently, NSDA operated independently of ministerial bureaucracy until September 1979, when the incoming civilian administration merged the authority into the newly created Federal Ministry of Steel Development, terminating its direct oversight by the Cabinet Office.
Based on the passage, evaluate whether the following statement is True or False:
"The National Steel Development Authority (NSDA) was administered directly by the Ministry of Mines and Power upon its creation in October 1977."
Answer: Answer