Close Menu
Chronicle.ng
    Trending Stories
    Jamie Gittens joined Borussia Dortmund from Manchester City

    Chelsea agree to sign Jamie Gittens for £55m

    July 3, 2025
    Super Eagles legend Peter Rufai is dead

    Super Eagles legend Peter Rufai is dead

    July 3, 2025
    President Tinubu congratulates Rotimi Amaechi on 60th birthday

    2027: Only a mass movement can stop Tinubu – Amaechi 

    July 3, 2025
    Facebook X (Twitter) Instagram
    Trending
    • Chelsea agree to sign Jamie Gittens for £55m
    • Super Eagles legend Peter Rufai is dead
    • 2027: Only a mass movement can stop Tinubu – Amaechi 
    • Liverpool express sadness over Diogo Jota, brother’s deaths
    • Lakurawa terrorists kill 15 in Sokoto village
    • AMCON sells Ibadan Electricity DisCo for N100bn
    • Liverpool fans gather outside Anfield paying their respects to Diogo Jota
    • Chelsea, PSG, Real Madrid, Bayern Munich hold silent tribute for Jota
    Facebook X (Twitter) Instagram
    Chronicle.ngChronicle.ng
    Subscribe
    Friday, July 4
    • News
      • Nigeria News
      • World News
      • Headlines News
    • Politics
    • Business
    • Sport
    • Entertainment
    • Contact Us
    Chronicle.ng

    Ajaokuta Steel Company will function fully before end of Buhari’s tenure, says minister

    Chronicle EditorBy Chronicle EditorJuly 23, 2021No Comments2 Mins Read
    Facebook Twitter Telegram WhatsApp
    Rehabilitation of Natasha Akpoti says Ajaokuta steel plant to commence in 2025
    Ajaokuta Steel Company
    Facebook Twitter WhatsApp

    Olamilekan Adegbite, minister of mines and steel development, says Ajaokuta Steel Company Limited will function to capacity before the end of President Muhammadu Buhari’s administration.

    Adegbite stated this at the News Agency of Nigeria (NAN) forum in Abuja on Tuesday.

    Last year, the federal government budgeted N4 billion for Ajaokuta Steel Company. The plant, which Buhari promised to revitalize, had gulped about $5.1 billion from previous governments.

    The minister said the federal government had made efforts to ensure that the Russian company that built the steel industry comes to Nigeria to conduct a technical audit but COVID-19 pandemic distorted the plan in 2020.

    He said that the steel company was conceived to produce liquid steel, adding that the national iron ore mining company (NIOMCO) was set up at Itakpe in Kogi to feed it with iron ore.

    He explained that liquid steel could be used for building aeroplanes and car engine parts, among others.

    “Ajaokuta Steel Company has not been able to produce liquid steel since it was built – the little hurdles we need to address,” he said.

    • Completing Ajaokuta will revive automotive industry – DG

    The steel company has worked in the past whereby billets were imported to produce reinforcement, but that was not what Ajaokuta steel was built for.”

    He also said that the ministry had recently trained some youths in the metal sub-sector on national development to ensure human capital development, emphasising vibrant metals operators.

    Share. Facebook Twitter Telegram WhatsApp

    Keep Reading

    President Tinubu congratulates Rotimi Amaechi on 60th birthday

    2027: Only a mass movement can stop Tinubu – Amaechi 

    Lakurawa terrorists kill 15 in Sokoto village

    Lakurawa terrorists kill 15 in Sokoto village

    AMCON sells Ibadan Electricity DisCo for N100bn

    AMCON sells Ibadan Electricity DisCo for N100bn

    Chicago nightclub shooting leaves four killed, 14 injured

    Chicago nightclub shooting leaves four killed, 14 injured

    First Lady Oluremi Tinubu gave N1 billion to victims of violent attacks in Plateau State on Thursday, stating that her devotion to the country is motivated by love rather than politics.

    Remi Tinubu donates N1bn to Plateau attack victims

    Sunday Igboho backs Kemi Badenoch, tells Shettima to focus on Nigeria’s 

    Court throws out Gani Adams’ N5bn defamation suit against Sunday Igboho

    Add A Comment
    Leave A Reply Cancel Reply

    Subscribe to News

    Be the first to get the latest news updates from ChronicleNG about world, sports, politics etc

    Jamie Gittens joined Borussia Dortmund from Manchester City

    Chelsea agree to sign Jamie Gittens for £55m

    July 3, 2025
    Super Eagles legend Peter Rufai is dead

    Super Eagles legend Peter Rufai is dead

    July 3, 2025
    President Tinubu congratulates Rotimi Amaechi on 60th birthday

    2027: Only a mass movement can stop Tinubu – Amaechi 

    July 3, 2025
    Diogo Jota has joined Liverpool from Wolves

    Liverpool express sadness over Diogo Jota, brother’s deaths

    July 3, 2025
    Lakurawa terrorists kill 15 in Sokoto village

    Lakurawa terrorists kill 15 in Sokoto village

    July 3, 2025
    Facebook X (Twitter) Instagram
    • News
    • Politics
    • Sports
    • Business
    • About Us
    © 2025 ChronicleNG

    Type above and press Enter to search. Press Esc to cancel.