NIOMCO's Rebirth Opens Doors for University Training in the Mining Sector
In a significant development that could reshape the future of Nigeria's mining sector, the Nigeria Iron Ore Mining Company (NIOMCO) has announced plans to provide a crucial training ground for universities teaching Geology and...
We’ll Resuscitate Ajaokuta Steel, Ore Mining Firm – Fed Govt
The Federal Government is working to resuscitate the Ajaokuta Steel Company Limited and National Iron Ore Mining Company Limited at the same time, the Permanent Secretary, Federal Ministry of Mines and Steel Development, Oluwatoyin Akinlade,...
The Minister of State for Solid Minerals Development, Mr. Abubakar Bawa-Bwari, said that the Federal Government had spent over $10bn on the Ajaokuta Steel Company in the last 35 years.
He also said the government escaped paying damages in excess of $525m to Global Infrastructure...