Nigeria, Russian consortium in talks to revive Ajaokuta Steel

The Nigerian Government is in talks with a Russian consortium to revive the Ajaokuta Steel Company Limited . President Bola Tinubu 's aide on media, Bayo Onanuga , disclosed this on Friday in a statement. "Minister of Steel Development, Prince Shuaibu Abubakar Audu , has engaged a consortium led by the original developers of Ajaokuta Steel Company Limited…The Nigerian Government is in talks with a Russian consortium to revive the Ajaokuta Steel Company Limited .

Egorov noted that the plant was still in a state of possible resuscitation, indicating their interest in putting together a business case for the government.Before flagging, please keep in mind that Disqus does not moderate communities. Your username will be shown to the moderator, so you should only flag this comment for one of the reasons listed above.

The National Agency for Food, Drug Administration and Control, , has sealed many unregistered bakeries for operating without the agency’s approval in Plateau.The Economic and Financial Crimes Commission has requested a refund of $845,000 from the American International School, Abuja , allegedly paid in advance by former Kogi State Governor Yahaya Bello for his children's education. The move comes amidst an investigation into Bello for suspected money laundering activities.

The Cross River Government says it is set to pay compensations to property owners along the Calabar/Itu highway to fast track the implementation of the road project.

Source: News Formal (newsformal.com)

Ajaokuta Steel Company Limited (ASCL) Bayo Onanuga Federal Government President Bola Tinubu Russian Consortium Sergei Egorov Shuaibu Abubakar Audu

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