Tag: Ajaokuta steel
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FG to raise N35bn for Ajaokuta light steel
The Federal Government is to raise about N35 billion for the Ajaokuta Light Steel mill through the local financial market.
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Tinubu will reposition Ajaokuta Steel to produce military hardware – Badaru
The Minister of Defence, Mohammed Badaru Abubakar has said that the administration of President Bola Ahmed Tinubu is committed to the revitalization and repositioning of Ajaokuta Steel Company that will be capable of producing military hardware to support the fight against insecurity in Nigeria. The Minister revealed this when he received the Minister of Steel…
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Atiku deceitful on his promise to resolve Ajaokuta Steel problem – FG
The Federal Government says the solution to problems facing Ajaokuta Steel Company does not lie in the hands of former Vice President Atiku Abubakar who supervised its questionable and failed concession.
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Ajaokuta Steel coy ready for concession – President Buhari
President Muhammadu Buhari has disclosed that the Ajaokuta Steel company is ready for concession. President Buhari said the Ajaokuta Steel Complex will generate 1.6 billion dollars annually and provide 500,000 estimated jobs for Nigerian youths.
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FG exploring ways to resuscitate Ajaokuta Steel – Prof. Abdullahi
Prof. Abdullahi Shehu, Nigeria’s Ambassador to the Russian Federation, has said that the Federal Government is exploring ways to resuscitate one of Nigeria’s largest assets, the Ajaokuta Steel Company, with potential Russian investors. Shehu made this known in an interview with newsmen on Sunday in Moscow, stating that Russia has always been very good technical…