Sumaila Akaba and the Ajaokuta Steel Journey; Seven Years After… By Abdullahi O. Haruna Haruspice For seven remarkable years, Engr. Sumaila Abdul-Akaba has been at the forefront of a monumental task: reviving the Ajaokuta Steel Company Limited, Africa’s largest steel complex. His tenure as the Sole...

Alleged $496m Payment: Senate to Investigate Ajaokuta Steel, Ore Mining Company The Senate on Tuesday resolved to probe the affairs of Ajaokuta Steel Company Limited and the National Ore Mining Company in Kogi State from 2008 till date. It planned to unravel the mystery behind the...

Alleged $496m Payment: Senate to Investigate Ajaokuta Steel, Ore Mining Company The Senate on Tuesday resolved to probe the affairs of Ajaokuta Steel Company Limited and the National Ore Mining Company in Kogi State from 2008 till date. It planned to unravel the mystery behind the...

NERC Threatens Disconnection of Ajaokuta Steel Over N25bn Debt Electricity distribution companies through the Nigerian Electricity Regulatory Commission have warned the Federal Government that failure to settle its electricity bills totalling N25bn may result in its facility, Ajaokuta Steel Co. Ltd,’s disconnection from the national...

Budget: Fed Govt Allocates N4.2bn To Moribund Ajaokuta Steel   The Federal Government has allocated the sum of N4.2bn to the Ajaokuta Steel Company Limited for the year 2022. This was disclosed in the 2022 budget details report obtained from the Budget Office. It was earlier reported that...

Pandemic Stalling Ajaokuta Steel Revival Efforts - Fed Govt     Although the Senate last month, expressed its readiness to work with the executive arm in reviving the Ajaokuta Steel Company (ASC) project, the Federal Government has said that global travel restriction occasioned by the COVID-19 pandemic,...