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    Kapital FM 92.9 The Station that Rocks!

Ajaokuta steel

3 Results / Page 1 of 1
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National

FG Engages Consortium To Revive Ajaokuta Steel

The Federal Government has engaged a consortium led by original developers of Ajaokuta Steel Company Limited (ASCL), Tyamzhpromexport (TPE), to revive the steel plant. Minister of Steel Development, Prince Shuaibu Abubakar Audu, made this known when he hosted the consortium comprising a team from Russia’s TPE/Rostec, Novostal, and Nigeria’s Proforce in his office in Abuja. He urged them to put together a blueprint for the revival of the Steel Plant […]

todayApril 26, 2024 19

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MSD Partners Works Ministry To Revive Light Steel Mill

By Georgina Humphrey Ministry of Steel Development is to partner the Ministry of Works to revive the Light Steel Mill Section of the Ajaokuta Steel Plant for production of Iron Rods. The Minister, Prince Shuaibu Abubakar Audu made this known during a joint meeting with the Minister of Works, Sen. David Umahi and representatives of the United Bank for Africa (UBA) on plans to kick-start the Light Steel Mill Section […]

todayDecember 20, 2023 10

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Govt Requires About $5b To Revive Ajaokuta Steel

By Georgina Humphrey Minister of Steel Development, Prince Shuaibu Abubakar Audu says about three to five billion dollars is required to revitalize the Ajaokuta Steel Complex for optimally productivity. Prince Audu stated this when he received a delegation of the People Expertise and Excellence Foundation in his office in Abuja. The Minister who stressed that Ajaokuta has the potential to deliver high quality steel needed for the industrialization of the […]

todayDecember 8, 2023 17

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