repairs and operation of the Ajaokuta Steel Company and the National Iron Ore Complex, Itakpe, both in Kogi State.
Minister of Information and Culture, Lai Mohammed, who reported on the approval granted by the Council for the Ajaokuta and Itakpe companies, said the contract, worth N853.25 million, is meant to appoint contractors that would run the process of concessionning the companies. “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 MSRS CPCS Transform Consortium in the sum of N853,266, 644.4 inclusive of 7.5percent VAT.
“Subsequently, various administrations have tried to revive the Ajaokuta steel complex without much success. However, you will recall that Mr. President was on a state visit to Russia on the 22nd and 24th of October 2019 and here it was resolved that the Ajaokuta steel complex which the Federal Government has made a massive investment must be resuscitated.
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.
Same old stories !!!
King of lies
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