Ajaokuta Steel Company
20 Nov
Minister of Steel Development, Shuaib Abubakar Audu, has said Ajaokuta Steel Company Limited will begin operations before 2025. He gave the assurance at the Ninth Nigeria Mining Week in Abuja.
28 Oct
The Senate ad-hoc committee investigating alleged corruption and inefficiency in Ajaokuta Steel Company and National Iron Ore Mining Company (NIOMCO) in Itakpe, Kogi State has uncovered illegal mining activities at the NIOMCO. Senator Natasha Akpoti-Uduaghan, representing Kogi Central district, raised the alarm during an oversight visit to the company. She expressed concern over the illegal…
28 Sep
The Nigeria’s steel industry has become a monumental failure, with billions of dollars sunk into incomplete projects marred by policy inconsistency, mismanagement, and corruption.
22 Sep
The Member Representing Ajaokuta Federal Constituency in the green chamber of the National Assembly, Hon. Sanni Egidi Abdulraheem, has commended President Ahmed Bola Tinubu over the signing of a Memorandum of Understanding (MoU) for the rehabilitation of Ajaokuta Steel Company and National Iron Ore Mining Company Itakpe. The member, who also commended the Minister of…
6 Sep
The Arewa Youth Council on Friday demanded a thorough probe of the moribund Ajaokuta Steel Company. The council also urged the government to disregard the international arbitration concerning the steel plant and pursue legal action against Global Steel Holdings Ltd's owner for contract fraud. In a statement by its president, Balarabe Rufai, the council expressed…
3 Sep
The Middle Belt Youth Council has urged the Economic and Financial Crimes Commission (EFCC) to investigate the alleged financial mismanagement of the moribund Ajaokuta Steel Company in Kogi State.
2 Sep
Middle Belt Youth Council has urged the Economic and Financial Crimes Commission (EFCC) to investigate the alleged financial mismanagement of the moribund Ajaokuta Steel Company in Kogi State. The council maintained that despite being a critical national asset that was established in the 1970s to drive industrialisation, the project was plagued by massive corruption and…
30 Aug
A group Ohanaeze Ndigbo Youth Council Worldwide, on Friday, uncovered an alleged salary fraud in the Ajaokuta Steel Company. The youth organisation in a statement by its national president, Mazi Okwu Nnabuike, said that this is coming amid concerns over the state of the federal government-owned facility. According to him, the latest discovery was one…
21 Aug
The moribund Ajaokuta Steel Company Limited risks being disconnected from the power grid over its failure to pay the N1.27 billion electricity debt it incurred in the first three months of the year. The Nigerian Electricity Regulatory Commission (NERC) said Ajaokuta Steel Company and the host community did not make any payment towards the…
11 Jun
The President of the Dangote Group, Aliko Dangote, said Dangote Sinotruk West Africa Ltd (DSWAL) is committed to raising the level of its
15 Apr
Professionals under the umbrella of the Nigerian Society of Engineers (NSE) have advised the Federal Government to accelerate efforts at revamping the nation's moribund steel sector.
Latest
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54 mins ago
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