FG approves N853m to concession Ajaokuta steel company

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The Federal Executive Council, on Wednesday in Abuja, approved the engagement of transaction advisors for consultancy services for the concession of Ajaokuta Steel Company Limited.

The Minister of Information and Culture, Lai Mohammed, disclosed this to State House Correspondents shortly after Wednesday’s hybrid FEC meeting presided over by the President, Major General Muhammadu Buhari , at the council chambers of the State House, Abuja.

He said “Council approved the engagement of transaction advisors for consultancy services for the concession of Ajaokuta Steel Company Limited and also the National Iron Ore Mining Complex in Itakpe in favour of Messrs CPCS Transform Consortium in the sum of N853,266,644.4 inclusive of 7.5 per cent VAT.

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ASUU Nko? Abi make we press am follow u?

God abeg for d sake of us with no means of leaving dis country.. let dis 1 work atleast

Just de approve de approve we no de see any thing…

Election money!

Noooooo, that is stealing buhari, your people are about to steal again nawhun, at the latter end of your Administration ha! O wrong nawhun

Better

Whenever they approve, looting starts taking place immediately and they'll burn down the office.The most use!ess country in the history of humanity

After 7 wasted years of your confusion you suddenly realise that the only way forward is concession just as proposed by the last administration. Hatred is making you guys take Nigeria decades back. Wake up from your slumber sluggard.

That will be stolen again

After how many wasted years?

Welcome development

them don thief another money be dat........

All this are more you look less you see Nigeria Government and this Administration is Scammers, every Administration is locating money for themselves in a name of a Rd awarding contract on this same project end up with nothing to show

So like play like play FG no wan talk bout this Asuu strike again 🥺Na God I use take follow wuna 😒🚶

And what's the update about ASUU? 🥺😓

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