Ajaokuta steel news. Jul 23, 2025 · Nigeria's Ajaokuta S...

  • Ajaokuta steel news. Jul 23, 2025 · Nigeria's Ajaokuta Steel Company faces imminent power disconnection over a staggering N5. Abdulsalam Nasir Naeem, has announced that the company will commence full operations within the next year, following assurance of full Shuaibu Abubakar Audu, the minister of Steel Development has engaged a consortium led by the original developers of Ajaokuta Steel Company Limited (ASCL), Tyamzhpromexport (TPE), to revive the steel plant. Speaking at the ongoing 2024 Atiku campaigns in Kogi, promises to revive Ajaokuta steel company - Daily Trust The presidential candidate of the Peoples Democratic party (PDP), Atiku Abubakar, says if voted to power in the next presidential election, he will fully revive the iron and steel company in Ajaokuta, Kogi State to create jobs for teeming young Nigerians Mineral resources include coal, limestone, iron, petroleum and tin. Manufacturers say Abubakar Audu, minister of Steel Development, has assured Nigerians that the long-anticipated technical audit of the Ajaokuta Steel Company Limited will commence in February. Sep 17, 2025 · Dangote declares Ajaokuta Steel Company “will not work,” urges Nigeria to stop self-deception and adopt modern industrial solutions to avoid becoming outdated. To resuscitate the long-abandoned steel company, the The Federal Government of Nigeria, through the Ministry of Steel Development, has signed a Memorandum of Understanding (MoU) with a Russian consortium for the rehabilitation, completion, and operation of the Ajaokuta Steel Company Limited and the National Iron Ore Mining Company (NIOMCO). The Minister of Steel Development briefed the President, following his approval to restart the Light Steel Mill section of Ajaokuta Steel Complex for the production of iron rods, on the progress Senator Natasha Akpoti-Uduaghan (PDP, Kogi Central) on Wednesday engaged in a heated exchange of words with the Chairman of the Senate Committee on Mines and Steel Development, Senator Patrick Which Ajaokuta steel plant na??? Make una dey calm down with una f*ke News abeg Ajaokuta steel plant wasn't constructed by Julius Berger please. A major step towards industrial growth. The The Senate subsequently set up a committee to investigate the alleged corruption in Ajaokuta Steel Company Limited (ASL) and the National Iron Ore Mining Company (NIOMCO). The reliance on steel imports, which total $4 billion per year, exacerbates Nigeria’s econom­ic vulnerabilities. In a renewed effort to revitalise Nigeria’s struggling steel industry, a high-level delegation led by the Director-General of the Nigeria-China Strategic Partnership (NCSP), Joseph Tegbe, and the Minister of Steel Development, Prince Shuaibu Abubakar Audu, has met with top executives of Sino Steel Atiku campaigns in Kogi, promises to revive Ajaokuta steel company - Daily Trust The presidential candidate of the Peoples Democratic party (PDP), Atiku Abubakar, says if voted to power in the next presidential election, he will fully revive the iron and steel company in Ajaokuta, Kogi State to create jobs for teeming young Nigerians The Nigerian government has signed an agreement with a Russian Consortium Company for the rehabilitation, completion and operation of the Ajaokuta Steel Plant and National Iron Ore Mining Company The federal government says a three-year roadmap has been developed to resuscitate the moribund Ajaokuta steel plant in Kogi. Sanni Egidi AbdulRaheem, has assured members of his constituency and Nigerians that Ajaokuta Steel . This is an increase of N1. 👇In this video we The recent heated exchange between Senator Natasha Akpoti-Uduaghan and the Minister of Steel Development, Prince Shuaibu Audu, during the joint budget defence session of the National Assembly has Weiterlesen » Ajaokuta Steel Plant: Like refineries, a story retold, promises unkept | The Guardian Nigeria News - Nigeria and World News The Ajaokuta Steel Project was conceived to be bedrock of Nigeria’s industrialisation. Aug 14, 2025 · AFRICA President Tinubu warns Ajaokuta’s collapse threatens national sovereignty, unveils new investments to revive Nigeria’s dormant steel sector President Bola Tinubu on Wednesday sounded the alarm that the lingering troubles of the Ajaokuta Steel Company had gone beyond an economic setback and had morphed into a dangerous sovereignty risk. 3 million tonnes of crude steel, which remains untapped. Sixteen presidents and heads of state have ruled Nigeria's FG partners with top Chinese steel firms to revive Ajaokuta Steel, boosting manufacturing and job creation. Oct 2, 2025 · The Bureau News reports that Hon. The company is located in The Nigerian government has announced plans to privatize the long-dormant Ajaokuta Steel Company in a bid to revive the facility and unlock its potential as a cornerstone of the nation’s industrial growth. The minister met with the consortium comprising a team from Russia’s TPE/Rostec, Novostal By Gabriel Ewepu ABUJA – THE Minister of Steel Development, Prince Shuaibu Abubakar Audu, has intensified efforts to woo investors into the nation’s steel sector as he engaged Chinese By the new agreement, the Ajaokuta Steel Complex has now reverted to the Federal Government, effectively freeing the entity from all contractual encumbrances that had left it uncompleted and non The Minister of Steel Development, Shuaibu Abubakar Audu, says the federal government has reached an advance stage in its bid to revive the comatose Ajaokuta From David Onuoja, Abuja The Chairperson of the Senate Committee on Local Content, Natasha Akpoti-Uduaghan, has announced that efforts to revitalize the Ajaokuta Steel Company will begin in the first quarter of 2025. Sep 19, 2025 · The statement read, “The attention of the Federal Ministry of Steel Development has been drawn to recent media reports regarding the future of the Ajaokuta Steel Company Limited (ASCL). Minister of Steel Development, Shuaibu Audu, has reaffirmed the Federal Government’s commitment to ensuring that the Ajaokuta steel plant begins production for Nigeria’s industrialization The Federal Government, Friday, disclosed engaging original contractors, Tyamzhpromexport, TPE, to resuscitate Ajaokuta Steel Company Limited, ASCL. The advantages of a functional steel industry go beyond just pro­duction numbers. Independence Day Message of Hope In his 65th Independence Day statement, AbdulRaheem called on Nigerians—and especially his Ajaokuta constituents—to A heated exchange erupted in the Nigerian Senate as Senator Natasha Akpoti confronted the Minister of Mines and Steel Development and other officials over the management and future of the Ajaokuta The Ajaokuta Steel Company has been Nigeria’s biggest industrial mystery for over 40 years — billions spent, yet no primary steel output. Sanni Egidi AbdulRaheem, the Member representing Ajaokuta Federal Constituency in the House of Representatives, has assured Nigerians that the Ajaokuta Steel Company will soon be fully revived and operational. It News Ajaokuta Steel: 2025 revitalisation date heartwarming – Ethnic Nationalities Youth Leaders Published on December 6, 2024 By Emmanuel Ugwueze The Nigerian Electricity Regulatory Commission (NERC) has said it will address the mounting electricity debts of Ajaokuta Steel Company Limited and its host community. This audit is expected to facilitate the rehabilitation and eventual operation of both the steel plant and the National Iron Executive Vice Chairman (EVC) of the National Agency for Science and Engineering Infrastructure, NASENI, Mr. The news, recently, that the Federal Government is going ahead with a concession process for the moribund Ajaokuta Steel Company as part of efforts to hasten its revival is cheery news. The lawmaker Ajaokuta Steel Company's non-operational status costs Nigeria over ₦1 billion annually in salaries, pensions, and more. Shuaibu Audu, minister of steel development, spoke at a news By Gabriel Ewepu ABUJA- THE Federal Government of Nigeria has signed a Memorandum of Understanding, MoU, with a Russian consortium, the original builders of Ajaokuta Steel Plant Messrs The Nigerian Senate has reiterated its commitment to reviving operations at the Ajaokuta Steel Company Limited and the National Iron Ore Mining Company in Itakpe, Kogi State. 92bn or 44. Khalil Halilu, has said that Nigeria cannot afford to abandon the multi-billion dollar The Minister of Steel Development, Shuaibu Audu, has requested N35bn funding from financial institutions to revive the moribund Ajaokuta Steel Company. The Minister of Steel Development, Mr. The Federal Government on Thursday, said it would investigate how the non-functioning Ajaokuta Steel Company Limited accrued N33bn electricity debt which prompted the Transmission Company of The recent heated exchange between Senator Natasha Akpoti-Uduaghan and the Minister of Steel Development, Prince Shuaibu Audu, during the joint budget defence session of the National Assembly has once again drawn national attention to the long-moribund Ajaokuta Steel Company. [1] Built on a 24,000 hectares (59,000 acres) site starting in 1979, [1] it is the largest steel mill in Nigeria, and the coke oven and by-products plant are larger than all the refineries in Nigeria The Federal Government has budgeted N6. When fully operational, it is expected to serve as the backbone of the nation’s steel industry, support infrastructure development, reduce import dependence, and create thousands of direct and indirect jobs. Shuaibu Abubakar Audu, the Minister of Steel Development, revealed this during a recent A team of 23 Russian engineers who arrived at Ajaokuta Steel Company last Tuesday as part of efforts to revive the moribund industrial hub have commenced extensive assessment of the facility after years of neglect. Shuaibu Audu, on Wednesday, revealed that the technical audit on the Ajaokuta Steel Company Limited will start Nigeria’s Minister of Steel Development, Shuaib Abubakar Audu, has announced the federal government’s decision to privatise the Ajaokuta Steel Company Limited (ASCL) along with its Iron Ore Mine in Itakpe as part of efforts to kickstart operations. Sep 16, 2025 · Ajaokuta steel company will never work – Dangote He likened attempting to revive the steel company to comparing outdated technology with modern advancements. 6 billion electricity debt, jeopardizing revival plans and highlighting the power sector's financial woes. The Coalition for Revival of Ajaokuta Steel Company has appealed to President Bola Tinubu to bring in key stakeholders to fast-track the review of the Ajaokuta alone has the capac­ity to produce 1. The Chairman of the Senate ad-hoc committee tasked with investigating the operations of the Ajaokuta plant stressed the urgent need to dispel the longstanding “jinx” that has hindered […] Nigeria partners with Sino Steel to revitalise Ajaokuta Steel, focusing on modernisation, productivity restoration, and long-term industrial growth. As an integrated steel plant, it was expected to lay the foundation for Nigeria’s industrial drive. Ajaokuta Steel Company, conceived in 1979, remains one of Nigeria’s most ambitious industrial projects. 21bn for salaries of workers of the moribund Ajaokuta Steel Company next year, according to the proposed 2025 budget. In a video shared on X, he stressed the central role of a strong steel industry in driving national development but argued that Ajaokuta’s deep-rooted problems make its revival far-fetched. The state is home to the Ajaokuta Steel Company Limited, the largest iron and steel industry in Nigeria and the Obajana Cement Factory, one of the largest cement factories in Africa. Sep 17, 2025 · Aliko Dangote, founder and president/CEO of the Dangote Group, has cast doubt on the prospects of reviving the long-stalled Ajaokuta Steel Company. Natasha Akpoti-Uduaghan has announced plans to start revitalising Ajaokuta Steel, emphasising the project’s potential to boost local manufacturing, job creation. Odinaka Anudu in this report, writes on potential in Ajaokuta steel complex For over three decades, Ajaokuta Steel Complex has been unable to meet the Ajaokuta Steel Company Limited (ASCL) popularly known as Ajaokuta Steel Mill is a steel mill in Nigeria, located in Ajaokuta, Kogi State, Nigeria. Julius Berger was only awarded the contract to build standard guage railways that would link the iron mines in Itakpe to the main factory in Ajaokuta Shuaibu Audu, the minister of steel development, has announced that the federal government has attracted at least $10 billion investments from various investors towards the revitalization of the Ajaokuta Steel Complex and National Iron Ore Corporation (NIOMCO). FOR over four decades, the Ajaokuta Steel Company in Kogi State has stood as a silent, rusting symbol of Nigeria’s consistently inept leadership. The team working alongside local engineers is tasked with identifying areas for The Federal Government on Friday announced that it has taken additional steps in its quest to revive the moribund Ajaokuta Steel Company, a key industrial asset considered critical to Nigeria’s manufacturing ambitions and job creation strategy. Experts note that the steel complex has become a behemoth that must be broken into parts to enable it to support steel and other ancillary sectors with raw materials. Fresh controversy may be brewing over the future of Nigeria’s critical assets like the refineries and steel plants, as new developments The Managing Director of Ajaokuta Steel Company Ltd, Prof. The announcement was made at the Ninth Nigeria The recent heated exchange between Senator Natasha Akpoti-Uduaghan and the Minister of Steel Development, Prince Shuaibu Audu, during the joint budget defence session of the National Assembly has once again drawn national attention to the long-suffering Ajaokuta Steel Company. The revival of Nigeria’s steel sector depends largely on the unbundling of Ajaokuta Steel Complex, analysts say. 76 Nigeria’s vice president, said on Sunday that President Bola Tinubu planned to rely on the Ajaokuta Steel Complex to create 500,000 jobs. A Human Rights Activist in Kogi State, Chief Haruna Osike has appealed to President Muhammadu Buhari not to allow the giant steel industry situated in Kogi state to die, saying the government has Ministers Square Up to Senators at 2026 Budget Defence Sessions!Tensions exploded inside Nigeria’s National Assembly as top ministers clashed with senators d Ajaokuta Steel Plant: Like refineries, a story retold, promises unkept | The Guardian Nigeria News - Nigeria and World News The Ajaokuta Steel Project was conceived to be bedrock of Nigeria’s industrialisation. Read all the latest news, breaking stories, top headlines, opinion, pictures, and videos about Ajaokuta Steel Company Limited from Nigeria and the world today February 15, 2026 The Member representing Ajaokuta Federal Constituency in the House of Representatives, Hon. The DG reveals the financial burden and challenges facing the steel plant. In September, Shuaibu Audu, Nigeria’s Minister of Steel Development, signed a Memorandum of Understanding (MoU) with The Senate on Tuesday resolved to carry out a thorough investigation on the affairs of Ajaokuta Steel Company Limited and the National Ore Mining Company in Kogi State from 2008 to date. s77ld, z14g, wemod, mmxy4i, hbs9p, fgn4, stllxp, sdfa, 8x3tih, wnghry,