Maintenance philosophies have evolved over a period of time. These philosophies have developed from breakdown maintenance to Reliability Centred Maintenance (RCM). By performing proper maintenance on plant equipment, manufacturing goals can be achieved. This forms the basis of Total Productive Maintenance (TPM) strategy, which aims at supporting manufacturing goals, as it is based on the integrated manufacturing system approach that includes process control, quality assurance, safety and maintenance. The paper reviews the goals and benefits of implementing Total Productive Maintenance, and it also focuses on calculating the overall equipment effectiveness in NEE Steel Company in Nigeria and it also discusses what causes the big losses in any industry :( 1) quality (2) availability and (3) speed. A case study taken from Steel Company in Nigeria, the data taken along fifteen working days and teams formed in a period of two months to find out the benefit of formation of a multi discipline team from a different department to eliminate any boundaries between the departments and make the maintenance process more effective, labours on the production line also included in a way to adopt the autonomous maintenance operations (daily maintenance). As a result, the company achieved 99% in quality factor of overall equipment effectiveness equation and 76% in availability where in performance it got 72%. Set of techniques like Single minute exchange die, computer maintenance management system, and production planning were suggested to the industry after calculating the OEE to improve their maintenance procedures and improve the productivity.