We Don’t Earn N3.4bn Monthly – Ajaokuta Steel Workers

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Staff of the Ajaokuta Steel Company, Kogi State, have refuted reports that the federal government pays them a monthly wage of N3.4billion.

Recent reports credited to the chairman of the Board of Assets Management Company (AMCON), Mr Kola Belgore, quoted him as saying that the federal government spends N3.4billion   monthly on salaries of workers of the steel company, following which the House of Representatives set up a committee to investigate the claim.

But the steel workers, under the auspices of Iron and Steel Senior Staff Association of Nigeria (ISSSAN) and Steel and Engineering Workers Union (SEWUN), in a joint press conference in Abuja, yesterday, refuted the claim, clarifying that the said N3.4billion is the annual wage bill of the company.

ISSSAN president, Comrade Otori Maliki, who spoke on behalf of the group, explained that “the paltry N3.4billion is what is paid to workers in 12 calendar months, about N288million monthly for the well over 6,000 workers, as appropriated by the National Assembly in the national budget.”

He described their services as sacrifice to their fatherland, aimed at protecting the over $5billion investment at the steel plant from vandals.

Otori advised that in a dwindling oil-driven economy, the National Assembly should champion advocacy for the completion and commissioning of the Ajaokuta steel plant, noting that a functional steel company would be a boost to the non-oil sector and immeasurably bring economic fortune to the country.

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