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...

The federal government has allocated over N4 billion for the resuscitation of the Ajaokuta Steel Company. The allocation is contained in the 2017 appropriation budget which was presented to the National Assembly in December by President Muhammadu Buhari. According to the breakdown, a total sum...

The Federal Government has said it would get a competent private investor for the completion and commercial operation of the Ajaokuta Iron and Steel Plant, situated in Kogi State. The Minister of Mines and Steel Development, Dr. Kayode Fayemi, said this at the 11th National Delegates...

The Federal Executive Council has approved the release of a N30 billion intervention fund for mining sector development. The Minister of Mines and Steel, Kayode Fayemi, disclosed that the sum was a fulfillment of President Buhari’s campaign promises when he pledged determination to diversify from...

There is no doubt that Nigeria has acquired for herself an acronym of mono-product economy following her over-dependence on oil sector which been responsible for over 70 per cent of government income and over 95% of export earnings. Agriculture, which was before now, the...

...Secures presidential approval to access Natural Resource Fund  ...W’Bank to also support transactions in mining sector The Minister of Solid Minerals Development, Dr. Kayode Fayemi, has disclosed that he is currently negotiating a $500 million investment fund with the Nigerian Sovereign Investment Authority (NSIA), managers of...