Group Cautions FG Over Acclaimed $1.5bn Steel Plant Investment In Kaduna

  • 📰 LeadershipNGA
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 77%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

The federal government has been advised to embark on thorough verification of data of investment of foreign investors in the country to further ascertain

This is contained a statement issued on Monday by a Kaduna based Non-Governmental Organization, Arewa Progressive Alliance, , National Coordinator, Tijani Ahmad Girei, stressing that a news making the round about a $1.5bn steel plant that is nearing completion in Kaduna State owned by African Industries Group under the African Natural Resources and Mines group is mischievous and misleading.

It is pertinent to set the record straight in order to avoid misinterpretation and misrepresentation of the actual investments in the state for the sake of posterity and avoid marginalization of our youths especially in the areas of job opportunities as well as revenue allocation from the federal government in future.

The statement added that, “Surprisingly, the misleading report put the investments at $ 1.5bn from its original status of $600m. It is important to state that the project has been conceived into three phases with attention on phases one and two at the moment with design capacity of less than one million metric tonnes.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

What a country, steel plant again

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 4. in BE

Belgique Dernières Nouvelles, Belgique Actualités