Group Cautions FG Over Acclaimed $1.5bn Steel Plant Investment In Kaduna

  • 📰 LeadershipNGA
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 77%

Nigeria Headlines News

Nigeria Latest News,Nigeria Headlines

The federal government has been advised to embark on thorough verification of data of investment of foreign investors in the country to further ascertain

This is contained a statement issued on Monday by a Kaduna based Non-Governmental Organization, Arewa Progressive Alliance, , National Coordinator, Tijani Ahmad Girei, stressing that a news making the round about a $1.5bn steel plant that is nearing completion in Kaduna State owned by African Industries Group under the African Natural Resources and Mines group is mischievous and misleading.

It is pertinent to set the record straight in order to avoid misinterpretation and misrepresentation of the actual investments in the state for the sake of posterity and avoid marginalization of our youths especially in the areas of job opportunities as well as revenue allocation from the federal government in future.

The statement added that, “Surprisingly, the misleading report put the investments at $ 1.5bn from its original status of $600m. It is important to state that the project has been conceived into three phases with attention on phases one and two at the moment with design capacity of less than one million metric tonnes.

Source: News Formal (newsformal.com)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

What a country, steel plant again

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in NG

Nigeria Latest News, Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

FG vs ASUU: Northern group seeks Zullum, Matawalle’s intervention, gives reason - Daily Post NigeriaThe National Professional Group and Northern Nigerian Youths Frontiers, has called on eminent leaders in the country to help break the deadlock in the
Source: DailyPostNGR - 🏆 11. / 59 Read more »

Group, northern youths want leaders to broker peace in FG, ASUU face-offIrked by the face-off between the Federal Government and Academic Staff Union of Universities (ASUU), the National Professional Group Had it been assuu president is like Wabba led Union he would have been manipulated.
Source: GuardianNigeria - 🏆 1. / 94 Read more »

Arewa group calls on President Buhari to end protests, save Nigeria - Daily Post NigeriaA Northern group under the auspices of Arewa Youth Assembly, AYA, has called on the President Muhammadu Buhari-led government to act swiftly to protect Which one is that useless Arewa group? The protest isn't about Buhari, it has never been. This agitation has for so long lingered in the hearts of Nigerian youths. Everyone is tired of how the Nation continues to Goose step into misery and her leaders care about their own person cruise than salvaging the country. These nomadic weaklings always insults true reasonable citizens of this contraption called niggeria, imaging a nomard by nature tagging a protester miscreant Endniggerianow savetrappedlives secpompeodonaldjtrump antonioguterres.
Source: DailyPostNGR - 🏆 11. / 59 Read more »

Pro-Buhari group seeks police protection for 10 million-man marchWho noticed Punch needs to be PUNCHED 🤷‍♂️ We know standing up and demanding for our right would not be a walk in the park, that is Y we are prepared and we won't break, no matter what cards you may play. We are not Anti Buhari 🤷‍♂️ The Godamn old man should just ReformNigeria I remember the million man march for one late ruler like that. God works in mysterious ways endsars Some people eeh
Source: MobilePunch - 🏆 8. / 63 Read more »

AfDB partners AFFM, OCP Group to increase fertiliser useAfrican Development Bank is partnering with Africa Fertilizer Financing Mechanism (AFFM) in a $4 million partial trade credit..
Source: TheNationNews - 🏆 6. / 69 Read more »

#EndSARS: Inter-Faith Group Chides Some Clerics Over Alleged Ties To LGBT CommunityThe National Inter- Faith and Religious Organisations for Peace (NIFROP) has expressed displeasure with some respected clerics over alleged links to
Source: LeadershipNGA - 🏆 4. / 77 Read more »