President Muhammadu Buhari has rejected the Ajaokuta Steel Company Completion Fund Bill, which proposed the withdrawal of $1 billion...

A report the other day that a Japanese automaker, Suzuki, had set up a production plant in Ghana is welcome but a wakeup call to Nigeria...

“Oppressed people kill each other all the time. Angered by the misery of their lives, but cowed by the overt superior might...

There are indications that the current squabble between Nigeria’s executive and legislative arms of government over an ideal model for the solid minerals sector’s development....

The Senate has approved $1 billion (about N307 billion) to be spent from the Federal Government share of the Excess Crude Account on the completion of the Ajaokuta Steel Company. It equally sanctioned that all loans and grants relating to the project be accommodated. The resolution followed the passage of the Ajaokuta Steel Company Completion…

A report the other day that the Federal Government was ready to offer the Ajaokuta Steel Mill for sale to finance 2018 budget is curiously casual and contemptuous.

The Federal Government is ready to offer more of its assets for sale soon, under the ongoing privatisation programme aimed at raising more money to implement the country’s 2018 deficit-based budget.Just recently, the Nigerian Security Printing and Minting Company Limited Plc...

The Ajaokuta Steel Company and other international customers owe the power sector N12.2b, according to the 2018 first quarter report of the Nigerian Electricity Regulatory Corporation (NERC). NERC disclosed yesterday that in the period under review, invoices issued to foreign customers (CEB/SAKETE and NIGELEC) and special customer (Ajaokuta) stood at N12.2b, but payments were not…

Communities which own the land on which Ajaokuta Steel Company (ASCO) is built say the firm cannot take off unless their angry ancestor, egbunu akoko”, is pacified.

The United Labour Congress of Nigeria (ULC) has urged the Federal Government to complete the Ajaokuta Steel Company on time to enhance jobs creation and economic development in the country.

We are here because of our desire to see how we can kick-start the process of economic recovery. The bedrock of economic recovery of any nation is industrialisation and without developing the steel sector, there can’t be progress.

Nigeria’s ship of industrial development might continue to go adrift, without a strong homegrown nurtured synergy between engineering and the core-manufacturing sub-sector otherwise...