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Ajaokuta Steel Plant

NASS Boosts Ajaokuta Steel Company’s 2024 Budget with N730 Million for Community Initiatives Beyond Kogi State

In a noteworthy development, the National Assembly has augmented the proposed 2024 budget for the dormant Ajaokuta Steel Company, elevating the allocation from N4.45 billion to N5.18 billion. This increase of N730 million is aimed at rejuvenating the inactive steel…

FG Plans N35 Billion Local Financing to Revitalize Ajaokuta Steel Plant

In a strategic move to rejuvenate the Ajaokuta Light Steel mill, the Federal Government is set to raise approximately N35 billion through local financing. This announcement was made by the Minister of Steel Development, Mr. Shuaibu Audu, following a crucial…