N35bn required to restart Ajaokuta Light Steel section
Mr Audu says presidential approval had been given to raise the amount from a local financial institution
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Mr Audu says presidential approval had been given to raise the amount from a local financial institution
The Federal Government says it has reached an advanced stage of raising more than N35 billion required to restart the Light Mill Section (LMS) of the Ajaokuta Steel Company. The Minister of Steel Development, Prince Shuaibu Audu, said this at the Ministerial Sectoral Update on the performance of President Bola…
The Minister of Steel Development, Prince Shuaibu Abubakar Audu, is seeking N35bn funding from financial institutions to re-start the Light Mill Section of the Ajaokuta Steel Plant for diversification of the economy. It said that there are plans to revive the Ajaokuta Steel Plant in phases by its set timelines and benchmarks. Audu, disclosed this […]
The Minister of Steel Development, Shuaibu Audu, has requested N35bn funding from financial institutions to revive the moribund Ajaokuta Steel Company.