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Tag "Ajaokuta Steel Company"

Questions as FG agrees to pay Global Steel $496m — nine years after firm gave up ALL claims

    Questions as FG agrees to pay Global Steel $496m — nine years after firm gave up ALL claims

Over the weekend, Abubakar Malami, attorney-general of the federation, announced that the federal government had finally resolved the long-standing contractual dispute with Global Steel Holdings Ltd (GSHL) over the Ajaokuta

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FG approves N853m to engage consultants for Ajaokuta steel company concessioning

    FG approves N853m to engage consultants for Ajaokuta steel company concessioning

The federal government says it has approved N853.25 million to engage consultants for the concession of the Ajaokuta Steel Company and national iron ore complex, Itakpe, Kogi state. Lai Mohammed,

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Ajaokuta steel plant won’t be ready before end of Buhari’s tenure, says minister

    Ajaokuta steel plant won’t be ready before end of Buhari’s tenure, says minister

The federal government says President Muhammadu Buhari‘s administration will no longer complete the Ajaokuta steel plant in 2022, as earlier promised.  The COVID pandemic and the Russia-Ukraine war were blamed

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FG budgets N4bn for Ajaokuta steel, another N310m for its concession

    FG budgets N4bn for Ajaokuta steel, another N310m for its concession

The federal government earmarked N3.79 billion for Ajaokuta Steel Company in the 2020 budget. According to budget documents seen by TheCable, N3.607 million of that amount would be for recurrent

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Ajaokuta steel completion suffers setback as Buhari rejects funding bill

  Ajaokuta steel completion suffers setback as Buhari rejects funding bill

President Muhammadu Buhari has rejected a bill seeking to stop the concession of Ajaokuta Steel Company. Buhari announced his decision

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FG: Why Ajaokuta steel company is not yet functioning

  FG: Why Ajaokuta steel company is not yet functioning

Abubakar Bwari, the minister of state, mines and steel development, says the Ajaokuta Steel Company is not yet functioning because

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301 reps sponsor bills to halt concession of Ajaokuta steel

  301 reps sponsor bills to halt concession of Ajaokuta steel

Two bills seeking to stop the concession of Ajaokuta steel company scaled second reading at the house of representatives on

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Reps ask Fayemi to channel his complaints to committee on Ajaokuta Steel Company

  Reps ask Fayemi to channel his complaints to committee on Ajaokuta Steel Company

The house of representatives has asked Kayode Fayemi, minister of mines and steel development, of abusing his office with his

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‘No going back on concession of Ajaokuta plant’ — FG dares house of reps

  ‘No going back on concession of Ajaokuta plant’ — FG dares house of reps

The federal government says it will no longer spend a dime on Ajaokuta steel plant located in Kogi state. Kayode

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Dogara: Ajaokuta steel abandoned after gulping $5.1bn… are we bewitched by sorcerers?

  Dogara: Ajaokuta steel abandoned after gulping $5.1bn… are we bewitched by sorcerers?

Yakubu Dogara, speaker of the house, says the total amount of $5.1 billion has so far been invested in the

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