Category: Business
BPE Advises FG to Unbundle Ajaokuta Steel Company
The Bureau of Public Enterprise on Thursday in Abuja urged the Ministry of Solid Minerals Development to unbundle the Ajaokuta Steel Company in order to ensure...
Chinese Firms Indicate Interest in Ajaokuta Steel
A Chinese group of firms have indicated interest to the Federal Government in acquiring Ajaokuta steel company. The group of companies which is into mining,...
7.768 Billion Tonnes of Solid Minerals Mined in Kogi State in 6 Years
A total of 7.768 billion tonnes of coal, metal ore and other solid minerals from quarrying and other mining activities between 2010 and 2015 has been mined in Kogi...
Ajaokuta: We Are Not Part of NIOMCO’s Concession – DG BPE
… concession of NIOMCO is illegal – Dr Muhammed The Bureau of Public Enterprises, BPE, said it did not participate in the process leading to the recent...
Ajaokuta: Reps Question Govt’s 500m Euro Bill in NIOMCO’s Agreement
The House of Representatives Committee on Privatisation and Commercialisation sub-committee on Steel is to meet with the Minister for Solid Mineral Development, Dr....
Opinion: Ajaokuta, Hope Renewed?
•We must get it right this time if we are truly desirous of industrialising Thirty-seven years after its establishment, and eight years after a rather acrimonious...
Global Steel Begins Work At NIOMCO
Mining and geological experts brought in by Global Steel Holdings Limited have moved into the site of the National Iron Ore Mining Company (NIOMCO) Itapke and have...
Opinion: Ajaokuta In Our Hands Again
By Tunji Adegboyega. If I had not visited the Ajaokuta Steel Complex in Ajaokuta, Kogi State, before, perhaps I would not always be passionate about the abandonment that...
Opinion: Ajaokuta Steel/NIOMCO And The Modified Concession
By Michael Jegede When President Muhammadu Buhari promised during his electioneering campaign in Lokoja, the Kogi State capital last year January to revive Ajaokuta...
NIOMCO Itakpe: Now That Global Steel Holdings Limited Is Back
By Wakil El Habib. The Federal Government of Nigeria on Monday this week entered into a modified agreement with Global Steel Holdings Limited also known as Global Steel,...