Iron & Steel stakeholders’ decry FG’s interest in completing rail than reviving sector
Leading stakeholders in Nigeria’s Iron and Steel industry have lamented what they described as the policy of putting the cart before the horse in the development of moribund Iron and Steel companies in Nigeria. Participants at a 2-day National Steel…
Fight for the soul of ASC deepens as 301 Reps drive Bill to rest its commercialization
Having seen the seriousness of the executives to concession the ageless and moribund Ajaokuta Steel Complex (ASC), in Kogi State, the National Assembly has began the process of amending the Public Enterprise (Privatisation and Commercialisation) Act with the aim of…
Battle for the soul of ASC rages as NASS moves to amend privatisation law
Though the federal government has given a clear indication that it is not ready to change its mind in going ahead to re-privatize the moribund Ajaokuta Steel Complex (ASC) in Kogi State, it is yet to hire transaction adviser. But…
FG, lawmakers in serious differences that may make or mar the soul of ASC
Barely one week after the Speaker of the House of Representatives, Hon. Yakubu Dogara and some members toured the moribund Ajaokuta Steel Complex (ASC) in Kogi State and averred every effort must be made by government to revive it, the…
Funds for iron rods for dams, 2nd Niger Bridge more than enough to fix ASC
The recent visit of the Speaker of the House of Representatives, Yakubu Dogara to the moribund facilities of the Ajaokuta Steel Complex (ASC) in Kogi State has revealed an issue of national irony. During the visit earlier in the week,…
