Ajaokuta Steel

Moribund Ajaokuta Steel Spends N29bn On Personnel

The moribund Ajaokuta Steel Complex has spent N29bn on personnel cost despite not producing a sheet of steel, writes Sami Olatunji The Federal Government...

ByBusinessTodayNGNovember 7, 2022

Industry

N1tn Spent On Steel Imports, Ajaokuta Takes N21bn

Nigeria has spent $1.038 trillion on iron and steel imports in the last nine months, according to The Punch’s calculation of the National...

ByBusinessTodayNGAugust 22, 2022

Industry

FG needs $652m to reactivate equipment at Ajaokuta Steel Company

The Federal Government said about 652 million dollars has been estimated to reactivate equipment and machines at the Ajaokuta Steel Company Ltd. The...

ByBusinessTodayNGJune 7, 2018

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Moribund Ajaokuta Steel Spends N29bn On Personnel

N1tn Spent On Steel Imports, Ajaokuta Takes N21bn

FG needs $652m to reactivate equipment at Ajaokuta Steel Company

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Latest News

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