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FG Signs N29bn for Road, Salt Wall Projects

FG Signs N29bn for Road, Salt Wall Projects The Federal Government says it has approved the sum of N29.083bn for projects in the Ministry of Works and Housing and Mines and Steel Development. The Minister of Information and Culture, Lai Mohammed, revealed this to State House...

Government Commences Plan to End Exportation of Raw Minerals – Minister

Government Commences Plan to End Exportation of Raw Minerals - Minister The Federal Government says it has commenced the plan to end the exportation of raw minerals in Nigeria to diversify the economy, job creation and industrialization of the country. Minister of Mines and Steel Development,...

Solid Minerals Imports Hit 74% in 12 months – NBC

Solid Minerals Imports Hit 74% in 12 months - NBC The National Bureau of Statistics recent report on Foreign Trade Statistics has revealed that the value of solid minerals imports rose by 74.39 per cent from N23.56bn in the first quarter of 2021 to N41.09bn...

FG: Ajaokuta Steel Plant Won’t Be Ready Before End Of Buhari’s Tenure

FG: Ajaokuta Steel Plant Won’t Be Ready Before End Of Buhari’s Tenure The Federal Government says it can no longer deliver its promise, to complete the Ajaokuta steel rolling mill in 2022, as earlier promised. This came after it blamed the COVID-19 pandemic and the Russia-Ukraine...

FG Loosing Money, Jobs Over Raw Ore Export – Adegbite

FG Loosing Money, Jobs Over Raw Ore Export - Adegbite   The Minister of Mines and Steel Development, Olamilekan Adegbite, says the Federal Government is losing money and jobs by exporting Raw Ore, instead of refining it in the country. He said this when he visited the...

Budget: Fed Govt Allocates N4.2bn To Moribund Ajaokuta Steel

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...