You Can't Go To Ajaokuta Steel Company And Not Cry - Man Writes On $8b Rot - Politics - Nairaland
Nairaland Forum / Nairaland / General / Politics / You Can't Go To Ajaokuta Steel Company And Not Cry - Man Writes On $8b Rot (943 Views)
Where Is Lagos Sunburn $8B ($364m) Yacht Bought In 1999? / Ibadan-kano Standard Guage To Cost $8b – Amaechi / Nigeria To Sell Ajaokuta Steel Company After Spending $80bn On A Moribund Steel (2) (3) (4)
(1) (Go Down)
| You Can't Go To Ajaokuta Steel Company And Not Cry - Man Writes On $8b Rot by AutoReportNG: 3:08pm On Sep 13, 2019 |
A lot has been said and talked about the Ajaokuta Steel Company, just last year, the Nigerian Senate approved the release of $1billion for the revamp of this company but it's surprising that nothing has been done while this edifice that can employ 500,000 people is wasting away with nothing to show forth. The annoying thing is that eighty percent of raw materials needed for the plant to operate are within a 60km radius of the factory. An economist named Kalu Aja was in this place and we wrote on his experience and how industries are wasting away because of the lackadaisical attitude of the Federal Government... Read below... No Nigerian can visit Ajaokuta Steel Company ASC, see investments of more than $8b rotting in the African sun and not cry. I went there, I cried. what exactly is the problem? if I have written severally on this topic, but today let me do a comprehensive post. Ajaokuta Steel is massive, 68km road network, 24 housing estates. Some of the estates have over 1,000 homes, a seaport, a 110mw power generation plant. There are 43 separate plants in Ajaokuta alone. It is estimated that if Ajaokuta becomes operational, it will create 500k jobs. [img]https://1.bp..com/-GaQGw9qNiZA/XXuefMzC9cI/AAAAAAAAfpA/k8Vs_AH2O4w61cn7xij9MufFg4xgHB_VACLcBGAsYHQ/s1600/Uq8kv6b.jpg[/img] There is no industrialized nation on earth that does not have a steel sector it’s that simple. The Central Bank of Nigeria reports that Nigeria currently imports steel, aluminium products and associated derivatives of approximately 25 metric tonnes per annum estimated at $4.5bn. Ajaokuta is an integrated steel company, it was designed by the Russian to be self-sufficient to get all its inputs from Nigeria and make steel. Ajaokuta strength is also its weakness, Ajaokuta can only work with all inputs available. A technical post, but please try and follow Steel is an alloy of iron & carbon. Iron is the base metal in steel, to make steel, you need Iron Ore, Coke from Coal, Limestone as main components. These components are mixed in a blast furnace to make liquid steel which can belong steel for rail lines or flat steel for auto To give a simple example, look at steel as making jollof rice, iron ore is the rice, the limestone and coke are the pepper and salt the pot is the blast furnace. At a steel plane, the blast furnace is ONLY turned on when the steel company is ready to make steel. Blast furnaces operate continuously and are never shut down. The raw material to be fed into the furnace is divided into several small charges that are introduced into the furnace at 10- to 15-min intervals. This means everything must be in place BEFORE the blast furnace is turned on, the iron ore, the coal, the limestone, everything, why? Because you do not switch off a blast furnace for another 10 years or however its campaign life is. Nigeria has all raw materials needed to produce steel including iron ore in Kogi, coal & limestone in Enugu. Nigerian iron has very low iron concentration. Agbaja has the largest iron ore deposit in Nigeria with about 2b tonnes but the Agbaja ore has a high phosphate content. [img]https://1.bp..com/-mJ6HMmpnlek/XXueguyT1zI/AAAAAAAAfpI/0gGKrFEimW83Hb10WvHlxkvgQrGRUcpPwCLcBGAsYHQ/s1600/Y2M5Zal.jpg[/img] Phosphate can cause brittleness in steel making it fracture, thus Agbaga was abandoned for Itakpe. Itakpe iron ore has no issues with phosphate but has low iron content. Stay with me Thus to make steel with Nigeria iron ore, a process called “beneficiation” has to be done to process the Itakpe ores to raise its iron content to meet the required standard for steel production. Coal? Most of the coal found in Nigeria is non-coking, thus, unsuitable for steel production. coal deposits in Enugu, have no impurities but are non-coking. The good news? Nigeria has an abundant deposit of limestone and we have natural gas to provide power So back to Ajaokuta, what really happened? why can Nigeria not make steel anytime soon? let’s link up the elements 1. Policy Failure: The Ajaokuta contract was signed between the FGN & the Soviet state-owned company, Tiajpromexport (TPE) was scheduled for completion in 1986. In 2012, the Federal Government launched her backward integration policy. Going forward import licenses for steel products was only granted to companies producing steel locally. TPE to ensure they could import steel parts for Ajaokuta simply went ahead and built the rolling mills in Ajaokuta BEFORE the actual steel plant was completed, they 1 Like |
| Re: You Can't Go To Ajaokuta Steel Company And Not Cry - Man Writes On $8b Rot by AutoReportNG: 3:09pm On Sep 13, 2019 |
This is serious |
| Re: You Can't Go To Ajaokuta Steel Company And Not Cry - Man Writes On $8b Rot by GOFRONT(m): 3:11pm On Sep 13, 2019 |
Just like the people of Agbarha-Otor in Ughelli North, It is hightime the Residents of Ajaokuta steel city take to Abuja streets to Celebrate Its 33 years of unproductivity.... Nigeria is really a Poohole...The labour of our heroes past shall forever be in Vain because of these New generation crops of Self-centered leaders whose thirst for looting of our collective patrimony and buying of exotic cars never quench.... Chaii....In my country, Mediocrity and Ineptitude of my leaders are what we are left to Celebrate now rather than Their Milestones and Achievements....Chaii.. Truely, there was once a Country... |
| Re: You Can't Go To Ajaokuta Steel Company And Not Cry - Man Writes On $8b Rot by eTECTIV: 3:19pm On Sep 13, 2019 |
Shebi ZonBs claimed Ajaokuta was now back up and running last year? Where's sarrki and bigot Simplyleo |
| Re: You Can't Go To Ajaokuta Steel Company And Not Cry - Man Writes On $8b Rot by tillaman(m): 3:20pm On Sep 13, 2019 |
Nothing works in Nigeria! This is a treasure island, I thought they said this place was fully functioning now, was it Osinbajo that was there for inspection sometimes last year and he arrested to it that work was going on to make it better than it ever was, imagine the amount employment this place would create if it was functioning, this country is truly blessed but we are cursed with bad leadership! This place could generate a fortune annually, if it was functioning, I really hope they bring this place back alive only this time it will be for real |
| Re: You Can't Go To Ajaokuta Steel Company And Not Cry - Man Writes On $8b Rot by Racoon(m): 3:21pm On Sep 13, 2019 |
Another failed propaganda of the present APC government.This is the fraud Sarrki was amusing us here sometime ago that Ajaokuta have roared back to life. |
| Re: You Can't Go To Ajaokuta Steel Company And Not Cry - Man Writes On $8b Rot by jkendy(m): 3:29pm On Sep 13, 2019 |
Any fearless man should ask Baba Agba to come give account of what happened at Ajaokuta steel company. He has the answers to all these questions hidden in his library in Ogun State I no call any name oooo.......  |
| Re: You Can't Go To Ajaokuta Steel Company And Not Cry - Man Writes On $8b Rot by kettykin: 3:31pm On Sep 13, 2019 |
Ajaokuta was used to reward the Russian/Soviet union for supporting Nigeria after the civil war, an one surprised about the failure of Ajaokuta does not need to be surprised because another Worse Ajaokuta is in the making and it is the Railway Line from Lagos to Kano |
| Re: You Can't Go To Ajaokuta Steel Company And Not Cry - Man Writes On $8b Rot by Ceoking6: 3:36pm On Sep 13, 2019 |
Basic explanation and precise. I don't see how a Nigeria government can maintain this when it can't maintain a national stadium. My guess is sell it off, but then it is them that would buy it and kill it with various encumbrances in policies |
| Re: You Can't Go To Ajaokuta Steel Company And Not Cry - Man Writes On $8b Rot by Olufemiolaolu(m): 4:58pm On Sep 13, 2019 |
AutoReportNG:but some people are still working there now. Why? |
| Re: You Can't Go To Ajaokuta Steel Company And Not Cry - Man Writes On $8b Rot by phorget(m): 5:06pm On Sep 13, 2019 |
It is so disheartening that we found ourselves in this situation. We prefer spending more on importation rather than building our own so as to create more employment opportunities. I just hope we would get it right someday. |
| Re: You Can't Go To Ajaokuta Steel Company And Not Cry - Man Writes On $8b Rot by helinues: 5:09pm On Sep 13, 2019 |
Africa generally lacks maintenance most especially Nigeria. Same way Baro dry land port is looking like rotten vegetable |
| Re: You Can't Go To Ajaokuta Steel Company And Not Cry - Man Writes On $8b Rot by ursullalinda(f): 5:16pm On Sep 13, 2019 |
Our leaders no dey try at all forget |
| Re: You Can't Go To Ajaokuta Steel Company And Not Cry - Man Writes On $8b Rot by AutoReportNG: 5:34pm On Sep 13, 2019 |
Olufemiolaolu: Must you quote all the post to make a statement? Jeez... |
| Re: You Can't Go To Ajaokuta Steel Company And Not Cry - Man Writes On $8b Rot by lalasticlala(m): 5:56pm On Sep 13, 2019 |
(1)
Ansaru Militant Group Claims Responsibility For Attack On Emir In The North / Adamawa Announces 50% Cut In Rents, Taxes, Overhead Cost / #RevolutionNow Protest: See How Army, Navy, Police Are Patrolling Across Cities
(Go Up)
| Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 34 |