Ajaokuta Steel

FG paid $500m to terminate Ajaokuta Steel contract – Minister

FG paid $500m to terminate Ajaokuta Steel contract - Minister The Minister of Steel Development, Alhaji Shuaib Abubakar on Thursday disclosed that…

7 months ago

Ajaokuta Steel: Senate probes $496m paid as settlement to contractor

Ajaokuta Steel: Senate probes $496m paid as settlement to contractor   The Senate has set up a committee to investigate…

9 months ago

Three Russian firms, eight others bid for Ajaokuta steel company

Eleven companies are currently bidding for the concession of the Ajaokuta steel company, Minister of Mines and Steel Development, Olamilekan…

2 years ago

FG agrees to pay $496m settlement claims on Ajaokuta steel

The Federal Government has agreed to pay $496 million to settle a multi-billion dollar claim by Global Steel Holdings Limited,…

2 years ago

Despite N4trn Investment, Hope Dims For Ajaokuta Steel Take-Off

The completion of the remaining two per cent of work on the 43-year-old Ajaokuta Steel Rolling Mill, as promised by…

3 years ago

Ukraine War: FG Snubs Russia, Picks British Firm For Ajaokuta Steel Revival

The Minister of Mines and Steel Development, Arc Olamilekan Adegbite, says the Federal Government has engaged a British firm to…

3 years ago