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Ajaokuta Steel

10 Mar
Apex Igbo socio-cultural organisation, Ohanaeze Ndigbo Youth Council Worldwide, on Monday, faulted traditional rulers in Kogi State for kicking against the Senate investigative panel on Ajaokuta Steel Company and the National Iron Ore Mining Company, Itakpe.
28 Feb
The Senate, yesterday, appointed Jibrin Isah (Kogi East) as Chairman of the Adhoc Committee to probe the humongous N30 trillion ‘Ways and Means’ released as loan to the Federal Government during the former President Muhammadu Buhari ...
3 Feb
Federal government on Friday, moved to set a ten year roadmap for revitalisation of the steel and metals industry in Nigeria, and a three year roadmap to revive the Ajaokuta steel complex.
12 Jan
The Federal Government, yesterday, indicated plans to probe the N33 billion electricity bill incurred by the moribund Ajaokuta Steel Company Limited that eventually led to its disconnection from the national grid by the Transmission Company of Nigeria (TCN).
22 Dec
The federal government has restated its commitment to quick completion of Ajaokuta Steel Company to pave the way for local manufacturing of cars and spare parts for local consumption, the Director-General of the National Automotive Design and Development Council (NADDC), Joseph Osanipin, has said.
6 Dec
The Minister of Steel Development, Prince Shuaibu Abubakar Audu, is seeking N35bn funding from financial institutions to re-start the Light Mill Section of the Ajaokuta Steel Plant for diversification of the economy. It said that there are plans to revive the Ajaokuta Steel Plant in phases by its set timelines and benchmarks. Audu, disclosed this…
29 Nov
Stakeholders at the PEEF Annual Conference (PAC) in Abuja raised concerns over challenges bedeviling Nigeria’s mining and steel industry in the country.
9 Oct
President Bola Ahmed Tinubu, yesterday, declared that with the hitherto abandoned Ajaokuta Steel Complex nearing completion, the project will have the capacity to employ 500,000 Nigerians once designated as a free trade zone.
8 Oct
The Vice President, Sen. Kashin Shetima, on Sunday told residents of Kogi that voting for All Progressives Congress (APC) candidate in the Nov. 11 governorship election is as good as revamping Ajaokuta Steel Complex.
29 May 2023
The outgoing Minister of Mines and Steel Development, Mr. Olamilekan Adegbite, has revealed that the Ajaokuta steel company will begins operations soon. He expressed optimism that in spite of all bottlenecks that the Buhari administration had taken the process of completing and operationalising the Ajaokuta Steel Company Limited, ASCL, to an advanced level that will…
28 Apr 2023
A Kogi State High Court sitting in Lokoja, the state capital, has ordered the Federal Government to desist from proceeding with the concession of the Ajaokuta Steel Company Limited (ASCL) and the National Iron Ore Mining Company (NIOMCO) at Itakpe.

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