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N Assembly probes $496m Itakpe Iron Ore judgment payment

GIHL dragged the Federal Government to court for alleged breach of contract and it was awarded damages to the tune of $496m which had been paid.

Kogi stateAbubakar auduBola tinubuNatasha akpoti uduaghanZainab gimbaItakpe iron ore companyNational assemblyGlobal infrastructure holdingNational iron ore mining companySteel developmentNational assembly joint committeeFederal governmentInfrastructure holding limitedPresident bola tinubuSenator natasha akpoti uduaghan

NASS probes $496m paid by FG to Indian company over Itakpe Iron Ore judgment

NASS probes $496m paid by FG to Indian company over Itakpe Iron Ore judgment
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Kogi stateAbubakar auduBola tinubuZainab gimbaNatasha akpoti uduaghanGlobal infrastructure holdingSteel developmentNational assemblyItakpe iron ore companyNational iron ore mining company in itakpeSteel development onFederal governmentInfrastructure holding limitedNational iron ore mining companyPresident bola tinubuSenator natasha akpoti uduaghan

NASS investigates $496m payment for Itakpe iron ore concession

The National Assembly Joint Committee on Steel Development, on Thursday, passed a resolution to probe the $496 million paid by the FG to an Indian firm that failed to revitalise the Itakpe Iron Ore Company after three years.

Kogi stateZainab gimbaNatasha akpoti uduaghanBola tinubuAbubakar auduNational assemblyNational assembly joint committee on steel developmentSteel developmentItakpe iron ore companyGlobal infrastructure holdingNational iron ore mining companyNational assembly joint committeeFederal governmentInfrastructure holding limitedPresident bola tinubuSenator natasha akpoti uduaghan