The Federal Government has said that to get the Ajaokuta Steel Complex to produce at full installed capacity requires an investment of $2bn. The Minister of Mines and Steel Development, Dr. Kayode Fayemi, was quoted to have said this in a publication of the ministry. At...

The federal government of Nigeria has set aside over four billion naira for the resuscitation of the Ajaokuta Steel Company. The total sum of N4, 272,797,371 is contained in the 2017 appropriation budget which was presented to the National Assembly in December by President...