The Federal Government has proposed a N6.69 billion allocation for Ajaokuta Steel Company Limited in the 2026 fiscal year, once again highlighting the heavy fiscal cost of sustaining a non-operational industrial giant more than four decades after it was conceived. Details of the 2026 Appropriation Bill show that personnel costs alone will gulp […]
Nigeria’s Minister of Steel Development, Shuaibu Audu, has promised to revive the Ajaokuta steel company. The minister, who gave the assurance when he assumed office on Monday in Abuja, said there is a need to revive the facility in order to enable the country to produce steel. He added that he would set a roadmap […]
By Idris Ahmed A group under the aegis of Ajaokuta Steel Township Youth Vanguard for Development, has raised the alarm over a fraudulent and hasty arrangement by the Ministry of Mines and Steel Development to Concession Ajaokuta Steel Company and Itakpe National Iron Ore mining company in Kogi state, few weeks to the end of […]
The Minister of Mines and Steel Development, Mr Olamilekan Adegbite, says 11 companies are presently involved in the concession bid for Ajaokuta Steel Company. Adegbite made this known on Thursday in Abuja at the presentation of the achievement of his ministry during the 9th edition of PMB Scorecard series, organised by the Ministry of Information […]
The Federal Government has expressed optimism that the Ajaokuta Steel Plant in Kogi can generate 10,000 jobs for Nigerian engineers when it becomes operational. The Minister of Mines and Steel Development, Mr. Olamilekan Adegbite, made the announcement at a News Agency of Nigeria (NAN) Forum in Abuja on Sunday. He said that if the Ajaokuta […]
Philip Clement, Abuja An Ajaokuta based Ceremics company, BN Ceremic industry Nig. Ltd. in Kogi state has vowed to give top priority to the welfare of every cadre of its workforce, irrespective of incessant harassment and extortion by some youths groups in the area. The company also reiterated it’s commitment in providing succor to it’s […]
The Northern Governors Forum (NGF) has commended the federal government over its plans to resuscitate the moribund Ajaokuta Steel Company in Kogi state. Governor Simon Lalong of Plateau state and chairman of the forumz made the commendation in a statement by his Director of Press and Public Affairs, Dr. Makut Macham, on Tuesday in Jos. […]
Following the ongoing rerun elections for the Kogi West senatorial zone, reports say that elections did not take place in Ajaokuta Local government Area. The following Polling units: PU:003, 004 006, Ward: Old Ajaokuta, Ajaokuta LG did not observe elections. ALSO READ Kogi West rerun: Police impersonators arrested INEC officials did not also show up […]
The Nigerian Metallurgical Society (NMS) says the Ajaokuta Steel Company can employ more than 10, 000 workers in Nigeria. National President of the society, Prof. Suleiman Hassan, stated this in his welcoming address at the 35th conference and annual general meeting on Thursday at the University of Ilorin. READ ALSO The Necessity of Nigeria’s IGIS Project […]
Ilorin – The Nigerian Metallurgical Society (NMS) says the Ajaokuta steel company can employ more than 10,000 workers in Nigeria. Prof. Suleiman Hassan, the National President of the society, stated this in his welcoming address at the 35th Conference and Annual General Meeting, tagged: “Ilorin 2019″, on Thursday at the University of Ilorin. The theme […]
Abuja – Mr Jelani Aliyu, Director-General, National Automotive Design and Development Council (NADDC), on Thursday applauded the Federal Government over moves to ensure the completion of Ajaokuta Steel Rolling Mill. Aliyu made the commendation at the annual conference of Commerce and Industry Correspondents Association of Nigeria (CICAN), in Abuja. President Muhammadu Buhari and his Russian […]
The Federal Government says it is partnering the Russian government to revive Ajaokuta Steel Company. Minister of Mines and Solid Minerals Development, Mr Olamilekan Adegbite, disclosed this at an interactive session with Senate Committee on Solid Minerals, Mines, Steel Development and Metallurgy in Abuja on Friday. He further said that the main feature of President […]
…Lagos-Ibadan rail project to gulp $1.5bn The Federal Government of Nigeria Friday said Itakpe-Ajaokuta-Warri rail project is about 80 per cent complete. It also revealed that the total cost for the Lagos-Ibadan rail line was $1.5bn, adding that the Itakpe-Ajaokuta-Warri rail would be completed before the scheduled date. The Minister of Transportation, Rotimi Amaechi, disclosed […]
The Federal Government has been urged to speed up the revitalisation of the Ajaokuta Steel Company Ltd and Aluminium Smelting Company of Nigeria (ALSCON), as well as revive several moribund steel plants scattered across the country in a bid to grow the country’s steel sector and promote private sector participation in Steel development. The National […]