News - Ajaokuta Steel Company

NASS Will Resist Concessioning Of Ajaokuta Steel Company - Dogara

5 days ago /
Nation 

The speaker of the Nigeria’s House of Representatives Yakubu Dogara says the parliament will resist any move to concession the ajaokuta steel company.

President Buhari Meets With Obiano, Others

4 months ago /
Nation 

President Muhammadu Buhari on Tuesday met with Anambra State Governor, Willie Obiano, at the Presidential Villa in Abuja. Briefing reporters after the meeting, Governor Obiano said President Buhari assured him of a free and fair governorship election in Anambra State. Meanwhile, the President held two separate meetings with Governor Rotimi Akeredolu of...

FG Begins Move To Resuscitate Ajaokuta Steel Company

1 year ago /
Nation 

Nigeria’s Vice President, Yemi Osinbajo, says the inability of the Ajaokuta Steel Company to produce for a long period of time is a tragedy of immense proportion. Professor Osinbajo made the statement after the signing a ceremony of the re-negotiated Ajaokuta and the National Iron Ore Mining Company (NIOMCO) concession agreement. The...

In My Time in Office, Ajaokuta Steel Company Will Be Revitalised – Governor Bello

1 year ago /
Business and Economy  

“40 of the companies are 100% completed and can be put into operation in a few months. The greatest obstacle, and that is why the Russians who built the place left in 1994, is that of external infrastructure. They got the place to 98% completion and they kept asking the federal government, ‘How are we going to bring in the raw materials?’ We are supposed to have a rail line from Ajaokuta connecting to Oturpko to Onne where the coking coal can be imported.  All we need is political will to do it.”

Kogi Is The New Frontier For Investment In Africa - Governor Yahaya Bello

1 year ago /
Business and Economy  

The Kogi State Governor, Alhaji Yahaya Bello, has described Kogi State as the new frontier for investment in Africa. This he said through his Special Adviser on Finance, Economy and Investment, Asiru Idris Asiwaju, at the China-Nigeria Production Capacity and Investment Guangzhou Governmental and Commercial high end roundtable, which held...

Gen. Buhari Pledges To Revive Ajaokuta Steel Coy

3 years ago /
Nation  Politics 

The presidential candidate of the APC, Gen. Mohammadu Buhari, has promised to revive Ajaokuta Steel Company if elected president of Nigeria. Buhari made the promise during campaign in Lokoja on Friday. He said he would resuscitate the company which had been out of production for the past five years. He explained that this...

Buhari Pledges To Revive Ajaokuta Steel Coy

3 years ago /
Nation 

The presidential candidate of the APC, Gen. Mohammadu Buhari, has promised to revive Ajaokuta Steel Company if elected president of Nigeria.Buhari made the promise during campaign in Lokoja on Friday.He said he would resuscitate the company which had been out of production for the past five years.He explained that this...

Reps To Probe N3.4bn Monthly Salaries For Staff Of Ajaokuta Steel Company

3 years ago /
Nation 

The House of Representatives has mandated its Committee on Steel to probe the N3.4 billion being spent as monthly salaries for staff of Ajaokuta Steel Company, Kogi. The committee is also charged to investigate the current developments in the company and report back to the House. These were sequel to a motion...

Jonathan To Spend N6.5bn On State House operations in 2015

3 years ago /
Nation 

With the downturn in the economy forcing austerity measures, the state house will spend N6.5billion for its operations this year. The details of the expenditure are contained in the 2015 budget breakdown, which Vanguard sighted last night. The document also showed that the office of the Vice President, Namadi Sambo,...

Ajaokuta Steel Company: Lack Of Transportation For Raw Materials Major Problem

3 years ago /
Nation 

Lack of logistics to move raw materials to Ajaokuta Steel Company has been identified as a major problem facing the plant Mr Musa Sada, the Minister of Mines and Steel Development, made this known at Ministerial Platform 2014 in Abuja on Monday. He said being an integrated steel company, it required a...

Ajaokuta Steel Company Key To Nigeria’s Economic Development - Miners' Association

3 years ago /
Business and Economy  

The President, Miners Association of Nigeria, Alhaji Sani Shehu, on Friday in Abuja said that Ajaokuta Steel Rolling Mill was critical to the nation’s economic and technological development. Shehu told the News Agency of Nigeria (NAN) that no nation developed both economically and technologically without iron and steel development. He said that...

FG Commended Over Ajaokuta Steel Plant

3 years ago /
Business and Economy  

Workers in Ajaokuta Steel Company Ltd. on Monday, commended the federal government for reviving the company. National President of Iron and Steel Senior Staff Association of Nigeria (ISSSAN), Mr Otori Salihu, gave the commendation at a workshop in Lokoja.He said the recent delivery of consignment of billets to the company in...

FG Extends Warri Concession

3 years ago /
Nation 

Minister of works, Mike Onolememen says that the council on privatisation has approved a five-year extension for the concessionaire of the new Warri Port, Associated Maritime Services Limited.

Ajaokuta Steel Company Signs Purchase Agreement With KEDCO

3 years ago /
Nation 

Officials of Ajaokuta steel industry have paid a visit to Kano state to explore a relationship between the company and industrial companies in Kano.