Business

Nigeria eyes Chinese partnership to reignite Ajaokuta, NIOMCO revival plans

Awwal Owolabi 15 October 2025 0

The federal government has opened discussions with the Republic of China to take over the revival of the Ajaokuta Steel Company Limited (ASCL) and the National Iron Ore Mining Company (NIOMCO) in Kogi state. The Minister of Steel Development, Shuaibu Abubakar, disclosed this on Tuesday at the

Business

Tinubu vows to revive Ajaokuta steel, end Nigeria’s dependence on imports

Motolani Oseni 14 August 2025 0

President Bola Ahmed Tinubu has raised an alarm over Nigeria’s heavy reliance on imported steel, revealing that more than 90 percent of the steel consumed in the country is sourced from abroad despite vast local deposits of iron ore, limestone, and coal. He declared that the federal government is committed to reviving the long-dormant Ajaokuta […]

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Bello, Russian envoy discuss Ajaokuta Steel Coy reopening

Ihesiulo Grace 4 February 2020 0

Gov. Yahaya Bello of Kogi State has visited the Russian Ambassador to Nigeria, Mr Alexey Shebarshin, to discuss the completion and resuscitation of the Ajaokuta Steel Company in the state. A statement issued in Lokoja on Tuesday by the Chief Press Secretary to the governor, Mr Mohammed Onogu, said that the governor visited the ambassador […]

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‘FG determined to ensure Ajaokuta Steel Coy becomes fully operational within two years’

Ihesiulo Grace 2 November 2019 0

Minister of Mines and Steel Development, Mr. Olamilekan Adegbite, says the Federal Government is leaving no stone unturned to ensure that Ajaokuta Steel Company becomes fully operational in the next two years. Adegbite said this on Friday in Ajaokuta during a tour of the steel complex. The minister commended the staff of the company for […]

Business News

FG will revitalise Ajaokuta Steel Company to produce optimally, Steel Minister reaffirms

Ihesiulo Grace 13 September 2019 0

Philip Clement – Abuja The Minister of Mines and Steel Development, Olamilekan Adegbite, has assured industry stakeholders and Nigerians that the federal government will revitalize the Ajaokuta Steel Company to produce optimally. The minister, who is an Architect, also assured that some sections of the steel company will work before the end of the year. […]

News Nigeria

Lawyer optimistic on revival of Ajaokuta Steel Company

Ihesiulo Grace 4 June 2018 0

A lawyer and social reformer, Natasha Akpoti, has expressed confidence over the full take off of the Ajaokuta Steel Company, assuring that everything about the project will soon be resolved and that there was no cause for alarm as the company was on a sure path of revival. Speaking to journalists in Abuja, the legal […]