By Michael Jegede Like his predecessors in office, the resuscitation of the recklessly abandoned Ajaokuta Steel Company (ASCO), the largest integrated steel complex in the Sub-Saharan Africa, occupying 800 hectares…
President Muhammadu Buhari has said that the federal government has committed about $400m to bring back to life the moribund Iron and Steel company, in Ajaokuta, Kogi state.
After 12 years of legal battle, the Federal Government has successfully retrieved the Ajaokuta Steel Company Limited (ASCL) from Global Steel, the Indian firm and concessionaire who took over the…
The Minister of Mines and Steel Development, Olamilekan Adegbite, says workers are retained at the Ajaokuta Steel Company to protect the infrastructure from vandalism.
– makes case for original builders Nigeria’s Ambassador to the Russian Federation, Prof. Abdullahi Shehu, has said that the Federal Government is exploring ways to resuscitate one of Nigeria’s largest…
The Minister of Mines and Steel Development, Olamilekan Adegbite on Thursday disclosed that the federal government planned to privatise Ajaokuta steel company.
– harps on public and private sector fubsibft Nigerian Society of Engineers (NSE) has proposed a capital injection of N701billion to reactivate a section of Ajaokuta Steel Company Limited.
Published by the Editorial Board of Guardian Newspaper On September 3, 2022, the Federal Government announced the settlement of a long-standing contractual dispute with Global Steel Holdings over the ownership…
The Buhari Media Organisation, BMO, says former President Olusegun Obasanjo and former Vice-President Atiku Abubakar were criminally negligent on the Ajaokuta Steel concession agreement from which President Muhammadu Buhari has…
A coalition of civil society organizations, under the auspices of ‘CSO Coalition for the Revival of Ajaokuta’ commend the Federal Government of Nigeria for the recent efforts at paying off…