Re-Nigeria Machine Tools limited

A report by The Guardian last Sunday, February 3, 2019, states, “But former president of Iron and Steel Senior Staff Association of Nigeria (ISSSAN), Mallam Otori Saliu, is of the view that privatisation of whatever form has failed generally not only in the steel sector, but also in the country as a whole.

“When you look at it, we have gone through all forms of privatisation and none seems to be working. You know we have the ASCL; Delta Steel Company Limited in Aladja; Inland Rolling Mills in Oshogbo, Katsina and Jos, all put together are liquidated. All of them are under lock and key, especially that of Oshogbo and Jos.

“The Nigeria Machine Tools Limited in Oshogbo, which is in the steel sector has also been under lock and key since after it was privatised. Same applies to Delta Steel Company. Solgas bidded and got Ajaokuta Steel Company Limited concessioned to it, but when Solgas Energy failed, it collapsed and overnight it was bidded to Gobal Infrastructure.”

Please note that the above statement is false and wrong, NMT is not under lock and key. NMT is in operations. I am one of the current employees of NMT. Your reporter should have confirmed the story before going to press.

Yours faithfully,
Abosede Ogundimu
Group Audit, Legal and Compliance Manager