Worried by the alleged incidences of corruption and inefficiency at the Ajaokuta Steel Company Limited and the National Iron Ore Mining Company, NIOMCO,
Senate probes Ajaokuta steel, NIOMCO over $496m payment blueprint.ng - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from blueprint.ng Daily Mail and Mail on Sunday newspapers.
The lawmakers wondered why the Ajaokuta Steel Company and the National Ore Mining Company (NIOMCO) are still moribund despite the alleged payment of $496 million to contractors between 2008 and now.
The lawmaker representing Kogi Central senatorial district, Senator Natasha Akpoti-Uduaghan, on Tuesday, moved a motion to investigate alleged corruption and inefficiency at the Ajaokuta Steel Company Limited (ASL) and the National Iron Ore Mining Company (NIOMCO) located in Kogi respectively. Senator Natasha, in her motion, urged the Senate to investigate the affairs of Ajaokuta Steel and NIOMCO between 2008 and February 2024.