FG is Spending an average of N3 billion on dilapidated Ajaokuta every year
The Federal Government of Nigeria is set to settle a long-term business dispute with Global Steel with a sum of $496 million
The raging Russia-Ukraine crisis has been described as a threat to the resuscitation of the Ajaokuta Steel Company which is already at 98 percent completion. Investors King...
Stakeholders Worry as steel Import Rises The Federal Government and stakeholders in the manufacturing sector have expressed worries over the low production level of steel and...
Steel Manufacturers Threaten to Sack 20,000 Workers The Galvanised Iron and Steel Manufacturers’ Association has threatened to sack 20,000 workers if the Standards Organisation of Nigeria...
Review Osogbo Steel Firm’s Privatisation, Lawmaker Urges Govt The Chief Whip of Osun State House of Assembly, Mr Tunde Olatunji, has called for a review of...
Sell Ajaokuta Steel company, MAN, Others Tell FG Manufacturers and experts have said privatisation of Ajaokuta Steel Company will yield better dividends than the facility being...
Stanbic IBTC, Standard Chartered Bank to Fund 5.4MT Steel Plant Stanbic IBTC and Standard Chartered Bank have agreed to jointly fund a steel plant capable of...
FG Loses N52bn to Illegal Iron, steel Importation Yearly –MAN group The Federal Government loses about N53bn per annum to the illegal importation of iron and...
High Tariff on Raw Materials Cripples Steel Sector The disparity in tariff between raw materials and finished steel products has brought the local steel manufacturing sector...