11 Firms Compete To Run Ajaokuta Steel At least more than 11 private firms are currently jostling to take over the Ajaokuta Steel Complex, the Minister of State for Mines and Steel Development, Mr Abubakar Bwari, has said. Bwari said this at the presentation of the...

FG Has No Money To Complete Ajaokuta Steel Says Bwari Members of the House of Representatives and the Minister of State for Solid Minerals Development, Mr. Abubakar Bwari, disagreed on Monday over the fate of the Ajaokuta Steel Company Limited. This happened as an ad hoc...

Sen. Ahmed Ogembe (PDP, Kogi Central), has expressed optimism that the moribund Ajaokuta Steel Complex would soon be revived. The News Agency of Nigeria (NAN), reports that the firm, established about 40 years ago, has yet to resume production of steel, with successful administrations not...

Global Steel Holdings Limited may have abandoned the arbitration process that it instituted at the Court of International Arbitration, London to reclaim the Ajaokuta Steel Complex from which it was sacked by the Federal Government. The Director-General, Bureau of Public Enterprises, Dr. Vincent Akpotaire, and...

Minister of Solid Minerals Development, Dr. Kayode Fayemi, has said that Nigeria is aiming to hand over the $4.5 billion Ajaokuta Steel Complex to private operators this year as part of a plan to kick-start its industrial and mining industries. The Ajaokuta Steel Company Limited...

-Ukrainians, Russians, Chinese want to revive plant -Why subsidy can’t continue —Kachikwu The Federal Government has set in motion strategies to resolve the court action by Global Infrastructure on Ajaokuta Steel Complex to get it operational in the next 24 months. Minister of Solid Minerals, Dr....