The company has yet to commence full operations several years after it was conceived to drive massive industrialisation in the country.
The sum of N3,607,976,033 was earmarked as total recurrent expenditure, while N75,270,150 was budgeted for overhead cost. The sum of N145,483,574 will be spent on the purchase of fixed assets, out of which N41,300,000 is meant for the purchase of buses.
Efcc are not seeing this? What evidence again
Since I was in primary 2 I've been hearing this same cock and bull.....
Probably in the top 3 most crucial project this Country undertakes right now....Honestly, expecting the its commencement of operations..
Another scheme to divert to their pockets..we hail thee
Again! This federal government will use this Ajaokuta steel company to milk Nigeria completely dry. They use this lies of making Ajaokuta steel company working to steal huge money before their final exit. Kai! E no good oooooooooo.
If you believe this, you can believe anything.
Down the insatiable drain
Oh no! Na Audio!
Again?
Another scam! For how long would you (FG) keep deceiving Nigerians. I mean, we've lost trust, faith and believe on this country and her leadership. Nothing good has really come out of the executives nor the legislative left alone the judiciary. The political elites are inhuman.
Another wasteful drain!
U already know a major scam is coming 🤦🏽♂️
Bigest scam ever. .
It constantly been budgeted for every year and nothing dey happen. Corrupt can not fight corruption.
Ajaokuta. Take and take and take. Giving nothing in return.
Waking up this giant steel company is a step in right direction, will definitely downsize trending unemployment in the country wonder4ulworld
Year after year, one budget or the other. Still no meaningful impact felt by the Steel Company's existence. Nigerian FG is a scam, deceitful morons!
Every government will always us Ajaokuta steel to steal money. Enjoy yourselves is ur turn now.
3.7 for Ajaokuta and 10 billion to dash Bello abi? We really serious wella. Mtcheew.
My personal advise when issue of Abacha stolen money was returned back to Nigeria was that, that money must be used to revived Ajaokuta steel now that money is wasted and unaccounted for..
This smart plan to loot all started and taught by obasanjo, his the father of white elephant projects in Nigeria. The father of corruption.
LLets hope its real
I don’t understand. Who are these people getting salaries and allowances for a company that has never operated for decades. Money was even budgeted for travels. This country tire me sef.
N3.79bn for the boyz through Ajaokuta Steel Company
This is not the first time they are budgeting money We have not seen any result
Throwing good money after bad. Nigeria
They've been budgeting but no output bcos it's gon be audio money
Govt stop spending on Ajaokuta steels anymore...please concession it to a reliable company!!! DrAhmadLawan femigbaja MBuhari NGRPresident ProfOsinbajo
Yeah.. another one
🤣🤣🤣🤣 to de use this place scam no de tire them🤷🏼♂️🤷🏼♂️🤷🏼♂️🤷🏼♂️
I hope it will kick start it ,and get it back on track
Ajaokuta steel budget is a scam for many years now all the money budgeted for this company has been stolen by those that budgeted it
This is great I pray it is been use wisely
Corruption
Audio budget 😂😂😂
Again ?!!
Steady, every govt uses this steel factory to loot money..
Everyone loot and loot at the end they will still complain
What a waste
Scam
Means of stealing
If we're not sure it's gonna work, let's not do it. Gambling is baaaaad!
Another fraud 😀
FG = SCAM
This project has been one of the mediums for looting. For more than 30 years, it has been budgeted for every year and not even a single steel have come out from it. Ajaokuta steel is a fraud.
White elephant project.
This story is an hoax. It been like this cfor decades dmaximages
Again , Federal Government, I salute una oooo🤣🤣🤣🤣
Mthew wat a pity..... is dz a country or a silly joke called a country
You see naija leaders, they forget that even if their current children live abroad, their great great grand children will one day come home.
Close to N4BN to pay salaries for a company that hasn’t produced a single thing since inception? Oh God... who did we offend in Nigeria? How are my people so gullible?
You guys are joking. Nothing this can do, especially when it has to do with rehabilitations of old industries. Means of looting.
Again?
Another scam
That's a ' one Nigeria scam ' !!!!
If they can do it will be good
So bad they'll share this one
Another money to be looted.
All lies.i wont appraise their action yet until i see the place working in full capacity.
Let's hope so
This is a big fraud