![The Central Bank of Nigeria, CBN. [PHOTO CREDIT: Ehud Kaduna]](https://i0.wp.com/media.premiumtimesng.com/wp-content/files/2022/01/20200913_161409-scaled-e1652250793565.jpg?fit=2387%2C1702&ssl=1)
Ajaokuta belongs to Nigerian govt. despite concession dispute – Official
An official says GSHL and Nigeria were still in discussion.
Tag: Ajaokuta Steel Company
Finally, Nigerian govt. moves to obey Supreme Court ruling on ALSCON
The has been a dispute over ownership of the company since it was put up for privatisation in 2004
Nigeria finally retakes ownership of Ajaokuta steel, Itakpe mining Companies – Fayemi
Nigeria and Global Infrastructure Nigeria Limited, GINL, have signed a ‘Modified Concession Agreement’ ending the protracted legal dispute over the ...
Ajaokuta will help Nigeria save $5 billion from importation
The minister also stated that reviving the steel company would reduce unemployment and increase technology acquisition.
Why Nigerian government is yet to take over Ajaokuta – Minister
“There is a period in the agreement (150 days) within which the audit should be completed."
Nigeria’s Iron Ore Mining Company concessionaire to submit business plan in 105 days
The agreement came following Monday's signing of a modified agreement between the company and the government.
Ukraine offers to invest $1 billion in Nigeria’s Ajaokuta steel company
Nigeria says it would review the proposal.
Why Ajaokuta Steel Company won’t function immediately – Minister
The minister for solid minerals tells lawmakers the challenges facing the company.
Buhari pledges to revive Ajaokuta Steel Complex
Mr. Buhari says government has spent almost $5billion on the company, and promises that its fortunes will change for the ...
Workers see solution to Nigeria’s unemployment problem in steel industry reactivation
The reactivation of Ajaokuta Steel Company alone could create jobs for no fewer than 140,000 Nigerians.
Nigerian government raises hope on reactivation of Ajaokuta steel firm
The Nigerian government has sealed an MoU with investors. Hope for the reactivation of the moribund multi-billion dollar Ajaokuta Steel ...
Nigeria committed to reviving Ajaokuta Steel Company – Sambo
"I want to categorically state that all the encumbrances to the progress of the project have been removed by Mr. ...
Reps investigate control of Ajaokuta Steel Rolling Mill
The concessionaires allegedly operated in ways contrary to the concession agreement. The House of Representatives on Wednesday mandated its Committees ...
Nigeria requires N79 billion to complete Ajaokuta Steel Company
The Federal Government has spent about $6 billion (about N924 billion) on the plant. Nigeria needs $513 million (about N79 ...
Nigeria government promises to revive Ajaokuta Steel Company
The Federal Government on Friday promised to revive the Ajaokuta Steel Company in Kogi State. The Minister of Information, Labaran ...
About 12,000 federal projects abandoned across Nigeria
An estimated 11, 886 federal government projects were abandoned in the past 40 years across the country, Founder of the Africa ...
Reps want fresh N120billion to resuscitate Ajaokuta Steel
Lawmakers say injecting fresh funds into the steel sector would facilitate national development
