After nearly 40 years, Nigeria is now counting the cost of its failed bid to build a world class steel complex that would drive its industrialisation. Although it stands as one of the many ...
Jan 30, 2018· OpeOluwani Akintayo 30 January 2018, Sweetcrude, Lagos — A fresh investigation by SweetcrudeReports has uncovered how over N700 million Naira was squandered on a nationwide financial audit of Ajaokuta Steel Company Limited, ASCL and the National Iron Ore Mining Company, NIOMCO in 2015. A document obtained shows that the contract which was among the five [.]
Ajaokuta Steel Mourns Shagari as Father of Steel Development The Sole Administrator, Ajaokuta Steel Company Limited, Engr. Sumaila Abdul Akaba has described the death of ALHAJI SHEHU ALIYU USMAN SHAGARI, GCFR, Turakin Sokoto as a huge loss to the Nigerian Steel family and the Nation.
May 13, 2016· A rare video of Ajaokuta Steel Company Limited made by a passionate and committed staff of TyazhPromExport (TPE) Russia (Former Soviet Union). The engineering design, function and prospects of the ...
The Federal Government on Monday took a major step in its plan to revitalise the steel sector as it signed a renegotiated concession agreement with Global Steel Holdings Limited for the Nigerian Iron Ore Mining Company (NIOMCO), Itakpe. The new agreement also reverted Ajaokuta Steel .
Ajaokuta Steel: Hope Rekindled ... both with regards to Ajaokuta Steel Company Limited (ASCL) and the Nigerian Iron Ore Mining Company (NIOMCO). ... In 1967 the development of our steel industry ...
Nov 16, 2017· We'll take a decision on Ajaokuta soon – FG. ... concessionaire of the Ajaokuta Steel Company Limited, Dr. S. O. Nwanbuokei, that the dispute between the .
The Speaker, House of Representatives, Yakubu Dogara, has said the National Assembly will resist any move for the concession of Ajaokuta Steel Company Limited, saying doing so will amount to ...
Sep 14, 2017· Nigeria has recovered ownership of Ajaokuta Steel Company, ASC, and National Iron Ore Mining Company Limited, NIOMCO, Itakpe, following the resolution of a protracted legal dispute. The Minister of Mines and Steel Development, Kayode Fayemi disclosed this on Thursday in Abuja at the maiden meeting of the National Council on Mining and Mineral Resources [.]
The company also demands a port for operation between Itakpe, Ajaokuta, which the Federal Government insists must be bid for openly. And above all, GSHL wants the Government to return the Delta Steel Company to it. Delta Steel Company Limited, Aladja, Delta is already concessioned to Premium Mines and Steel Company, another Indian firm.
ajaokuta steel company limited the beginning of a new dawn being the text of an address by the sole administrator, ajaokuta steel company limited, engr. isah, joseph onobere, mnms, mnse, mnim on the occasion of the signing of a memorandum of understanding with messrs reprom company nigeria limited for the provision of technical assistants for
Feb 25, 2018· *Heart Breaking Ajaokuta Steel Company, Things To Know.* After reading this piece with good conscience, you will weep for our country, Nigeria, and if you are from Kogi state, you may wail! 1. Ajaokuta Company was founded in 1979 by Olusegun Obasanjo. But the foundation laying of the project was done by president Shehu Shagari.
Jul 16, 2019· An audit conducted by Nigerian and Ukrainian experts showed that a total of 652m is required to reactivate and complete the Ajaokuta steel plant, The PUNCH has learnt. According to the information sourced from the company's website in Abuja on .
The Ajaokuta Steel Company is located on 24,000 hectares of sprawling greenfield landmass built on 800hectares of land. The chosen technology for steel production is the timetested blast furnacebasic oxygen furnace route for steel production. It is Nigeria's leading steel company and had intended to be the leading supplier of quality steel products in all [.]
Revive Ajaokuta Steel for national development Group. GongNews January 22, 2017 Featured, News Comments Off on Revive Ajaokuta Steel for national development Group 181 Views. Related Articles. GBAJABIAMILA TASKS HAUWEI ON LOCAL CONTENTS. ... Ajaokuta Steel Company Limited (ASCL) is one of the most ignored multifunctional projects in Nigeria ...
The new decree provided for the formation of the Ajaokuta Steel Plant as well as five other limited liability companies. These are the Delta Steel Company Ltd., Aladja; the Jos Steel Rolling Mill, the Oshogbo Steel Rolling Mill, the Katsina Steel Rolling Mill, and the then Associated Ores and Mining Company Ltd., now, National Iron Ore Mining ...
A leadership crisis has brewed in Ajaokuta Steel Company (ASC), Kogi State due the alleged refusal of its sole administrator, Joseph Onobere Isah, to hand over to the most senior official at the ...
August 11, 2019. Economy; Industry. Banking; Agriculture; Energy; Telecoms; Real Estate; Insurance; Manufacturing
The House of Representatives on Monday advised the Federal Government to drop plans to concession Ajaokuta Steel Company to Global Steel Infrastructure Limited (GSIL). The House's Ad hoc Committee on Ajaokuta Steel Company gave the advice in Abuja at the investigative hearing on the failure of the ...