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Nigeria Will Save $3.5bn Annually if Ajaokuta Steel is Revived – Fayemi

If Nigeria is able to bring back the Ajaokuta S teel Industry, the country will be saving at least $3.5 billion spent on importation of steel products, annually, so said...

Lack of Funding, Raw Material Hamper Growth of Ajaokuta Steel Company – FG

Lack of funding and raw materials have been identified as major factors militating against growth of Ajaokuta steel company over the years. Alhaji Muhammed Abbas, the...

Ajaokuta Steel to Start Production Soon – Ogembe

Senator Ahmed Ogembe (PDP, Kogi Central) has expressed optimism that the moribund Ajaokuta Steel Complex would soon be revived. The firm, established about 40 years ago,...

Ajaokuta Steel: Questions and More Questions

Nurudeen Aliyu Musa raises questions about the ability of a Russian company to manage the project. The response given by Natasha Akpoti on the various issues raised by...

Ajaokuta Will Help Nigeria Save $5 billion Annually From Importation

The Minister of State for Mines and Steel, Abubakar Bwari, on Tuesday said revival of Ajaokuta Steel Company would save about $5 billion annually for the country. He...

Senator Ogembe Express Worry Over Poor Funding of Ajaokuta Steel Company

The senator representing Kogi Central Senatorial District, Senator Ahmed Ogembe has decried the neglect of the Ajaokuta Iron and Steel Company, attributing it to the...

Protesters Storm Abuja Call for Revival of Ajaokuta

Protesters on Wednesday storm the Federal Ministry of Justice in Abuja calling on the federal government (FG) to revive the moribund Ajaokuta and Itape steel industries....

Nigerian Stock Exchange Backs Sale of Ajaokuta Steel, Refineries

The Nigerian Stock Exchange (NSE) has urged the Federal Government to sell the country’s four refineries and the Ajaokuta Steel complex to enhance their operations....

FG to Start Building Railway to Decades-Delayed Ajaokuta Steel Plant

Nigeria plans to start construction this month of a railway linking its decades-delayed Ajaokuta steel plant to iron-ore mines and a port, as the government accelerates...

Adoke, Obasanjo, Fayemi Allegedly Involved in Ajaokuta, Itakpe Scandal

Nigeria’s former president Olusegun Obasanjo, former Attorney General of the Federation, Mohammed Bello Adoke and current minister of Steel and Solid Mineral Kayode...