Tag: , , , ,

Budget 2017: Ajaokuta Steel to Gulp N6.2bn

The moribund Ajaokuta Steel Company has been allocated N6.2 billion of the N23.2 billion allocated to the Federal Ministry of Mining and Steel Development. The...

Kogi, Edo to Get Fresh Revenue as FG Approves 13% Derivation for Non-oil Producing States

The federal government has given approval for the implementation of the constitutionally guaranteed 13 per cent derivation from mineral revenues to deserving states....

Ajaokuta Steel to Operate at Full Capacity by 2017 – FG

The Federal Government yesterday assured that Ajaokuta Steel Company would operate at full capacity in the second quarter of 2017. The Minister of Mines and Steel...

Ajaokuta, Itakpe Modified Concession Will Generate Revenue for Nigeria – Fayemi

Dr Kayode Fayemi, Minister of Mines and Steel Development says Ajaokuta and Itakpe modification concession will form the proposed economic resources corridor for...

Why FG is Yet to Take Over Ajaokuta Steel Coy – Minister

The Minister of Mines & Steel Development, Kayode Fayemi, has said the reactivation of Ajaokuta Steel Company would have to wait till the completion of the joint...

Ajaokuta: Reps Question Govt’s 500m Euro Bill in NIOMCO’s Agreement

The House of Representatives Committee on Privatisation and Commercialisation sub-committee on Steel  is to meet with the Minister for  Solid Mineral Development, Dr....

Ajaokuta: Nigeria Has No Business Signing Rail Deals With China – Ben Murray-Bruce

The Chairman, Senate Committee on Privatization, Senator Ben Murray-Bruce has stated that Nigeria has no business signing rail deals with China, when the tracks can be...