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Senate probes Ajaokuta Steel Company, NIOMCO over alleged unlawful $496m payment

Worried by the alleged incidences of corruption and inefficiency at the Ajaokuta Steel Company Limited and the National Iron Ore Mining Company, NIOMCO, ....

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NASS adds N730 million to dormant Ajaokuta Steel Company's 2024 budget for community projects in Lagos, Kwara, Niger

The National Assembly has increased budgetary allocation from N4.45 billion in the proposed 2024 budget to N5.18 billion. ....

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Ajaokuta is moribund, just sell it - Punch Newspapers

A fresh move to inject yet more funds to “resuscitate” the moribund Ajaokuta Steel Complex by the Federal Government is a wrong step. ....

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Indian businessman Pramod Mittal set to receive a $500m payout from Nigerian Government

Indian businessman Pramod Mittal set to receive a $500m payout from Nigerian Government
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Reps ask Buhari government to halt "last minute" concession of Ajaokuta Steel Co.

The lawmakers said the planned concession of the Ajaokuta Steel Company on the eve of the departure of the Buhari administration may be self-serving. ....

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