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steel complex

No plan to sale Ajeokuta Steel Complex – Osinbajo

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The Presidency has refuted a report that the Federal Government planned to privatize the Ajeokuta Steel Complex to fund the 2018 budget. Vice President Yemi Osinbajo told Governor Bello on Thursday during a closed door meeting in his office at the Presidential Villa, Abuja. The Kogi State Governor told State House correspondents when he came […]

Reps stop Ajaokuta Steel concession, propose $1bn to complete complex

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The House of Representatives on Wednesday, passed into law two bills halting the concession of the Ajaokuta Steel Complex and proposing the expenditure of $1billion by the federal government to complete the steel complex from the excess crude account. The bills, each sponsored by 301 lawmakers, were first introduced for first reading on Wednesday last […]