Ajaokuta Steel Plant

By Bitrus Kozah, Abuja Nigeria has signed a Memorandum of Understanding (MoU) with Russia to rehabilitate, complete and operate the Ajaokuta Steel Plant and the National Iron Ore Mining Company (NIOMCO) in Kogi State, North-central…

Nigeria’s President Bola Ahmed Tinubu, has approved the set-up of a five-man Ministerial committee within his government to begin the revival of the Ajaokuta steel mill in phases. The Minister of Steel Development, Shuaibu Audu made this…

Indigenous stakeholders in the iron and steel sector in Nigeria have appealed to the federal government to indigenize iron and steel industries whereby government holds only marginal interest and the indigenous investors get major interest.…