FG approves N853m to engage consultants for Ajaokuta steel company concessioning

, minister of information and culture, said this while briefing journalists after the FEC meeting presided by President Muhammadu Buhari on Wednesday in Abuja.

“I am sure we are all familiar with the history of the Ajaokuta Steel complex. The contract was awarded in 1979 to a Russian company called TPE. By the end of 1983, the contract had reached an advanced stage. Regrettably, since then it has been suffering and by 1994, TPE demobilised from the site and in 1996, the contract was terminated.

He said an opportunity had initially come to reinvigorate the company but was slowed down by the COVID-19 pandemic.

Na waoh! This same Ajaokuta.

Money for the boys to run campaigns for 2023 elections. If you don't kill kwarruption, kwarruption will kill you.

853 million N just for consultancy services 😳

Go on full privatization so we can have a working industry and not moribund junkyard 👌

Another campaign fund going down the drain

Lol.

Nigeria has a spending problem.

This relic with the 4 refineries should be sold in an open transparent bidding process. We are waiting money that we don't have.

Never works yesteryear,won't work now or later, keep having a feast for your cronnies 🤝

How much is ASUU looking for again

Good move

Hahaaahahah e no possible

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FG approves N853m to concession Ajaokuta steel companyThe Federal Executive Council, on Wednesday in Abuja, approved the engagement of transaction advisors for consultancy services for the concession of Ajaokuta Steel Company Limited. And what's the update about ASUU? 🥺😓 So like play like play FG no wan talk bout this Asuu strike again 🥺Na God I use take follow wuna 😒🚶 them don thief another money be dat........
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FG approves N853m to engage consultants for Ajaokuta steel company concessioning | TheCableThe federal government says it has approved N853.25 million to engage consultants for the concession of the Ajaokuta Steel Company and national iron ore complex, Itakpe, Kogi state. Lai Mohammed, Another scam fully loaded 😂 Inspiring Plant that’s been moribund since 1976?
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FEC: FG to rehabilitate Ajaokuta steel company with N853mn ahead of concession processThe Federal Executive Council (FEC) meeting presided by President Muhammadu Buhari on Wednesday, approved a contract sum of N853 million to effect major King of lies Same old stories !!! What offense did workers of Delta Steel Company, Ovwian-Aladja (DSC) commit to be forgotten? From the little I know, Ajaokuta has never produced anything compared to DSC. I wish there was someone to give these people a class on the importance of DSC to the economy of the nation.
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