Tag: Ajaokuta Steel, Kogi, Kogi News, Olamilekan Adegbite
11 Companies Bid for Ajaokuta Steel Company as FG Pays $496m Judgement Settlement
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...
2023 Senate Race: Ajaokuta Stakeholders Throw Weight Behind Natasha Akpoti-Uduaghan
The stakeholders of Ajaokuta Local Government Area have restated their unflinching support for the Kogi Central Peoples Democratic Party (PDP) senatorial candidate,...
Scrapping Ajaokuta Steel Disastrous – DG NMDC
The Director-General, National Metallurgical Development Centre (NMDC), Prof Linus Asuquo, has said that fixing of Ajaokuta Steel would improve Nigeria’s economy. Prof...
Sole Administrator Defends Budget Allocation, Insist Ajaokuta as Scrap Can Generate $6bn
The Sole Administrator of the Ajaokuta Steel Company, Sumaila Abdul-Akaba, on Wednesday said privatisation of the plant is the best option to revitalise it and make it...
Ajaokuta Steel Project and the Cabal Fighting For Its Soul
A cautious optimism greeted a recent news by the Federal Ministry of Mines and Steel Development (FMMSD) that the Federal Government of Nigeria (FGN) and Global...
Coalition Declares Support for Local Investors, Kicks Against Concessioning Ajaokuta Steel
The coalition of civil society organizations working for the revival of Ajaokuta Steel Company Limited (ASCL) has declared its support for the privatization of the steel...
FG Exploring Ways to Resuscitate Ajaokuta Steel – Nigeria’s Ambassador to Russia
By Lizzy Okoji Prof. Abdullahi Shehu, Nigeria’s Ambassador to the Russian Federation, says the Federal Government is exploring ways to resuscitate one of Nigeria’s...
8 Foreign Investors, Local Coys Interested in Ajaokuta Steel as FG Move to Privatise Firm
The Federal government says it is planning to privatise the 43-year-old year Ajaokuta steel company in kogi state. The Minister of Mines and Steel, Olamilekan Adegbite,...
Ajaokuta Steel Settlement: Nigeria Release $250m as First Tranche to GSHL
The Federal Government of Nigeria has released $250m to Global Steel Holding Limited (GSHL) as part of first tranche of the $496m agreed upon by both parties over the...
FG Agrees to Pay $496m Settlement Claims on Ajaokuta Steel
The federal government yesterday disclosed that it had agreed to pay $496 million to settle a multi-billion dollar claim from Global Steel Holdings Limited following the...