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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