The Federal Government says the first phase of Ajaokuta Steel project is completed and will provide 500,000 upstream and downstream employment when it becomes operational.
Isah Onobere, the Sole Administrator of the company who made this known during a media tour to the company, said the first phase of the plant would also provide direct employment for
10,000 technical staff when inaugurated.
He also said the first phase had been completed, adding that it will produce 1.3 million tonnes of liquid steel per annum.
He said that it would cost 400 million dollars to complete the Ajaokuta Steel plant, which had reached 98 per cent completion.
According to him, two billion dollars is needed for infrastructure rehabilitation and operational cost.
He said that government had begun to commit resources toward the maintenance and preservation of the equipment and facilities of the plant recently and called for improved efforts.
According to him also, government is considering the report on various options on the way forward for the completion of the project.
These options he said include outright sales, concessioning and joint venture of Ajaokuta steel.
He, however, denied rumour about the company equipment being obsolete, adding that the company, with 98 per cent completed, could stand test of time, and that all its equipment were functioning appropriately.
The then President, Alhaji Shehu Shagari, laid the foundation of Ajaokuta in 1980 and within four years, it attained about 84 per cent completion.
Ajaokuta Steel Company is located on 24,000 hectares of sprawling green-field landmass built on 800-hectares of land. It is Nigeria’s leading steel company and intended to be the leading supplier of quality steel products in all the major economic sectors, including construction, packaging, wire drawing and nail making industry, among others.


https://www.dailytrust.com.ng/news/labour/ajaokuta-steel-company-to-create-500-000-upstream-downstream-employment

I never believe all these political statements, only in Naija you will only hear of government achievements but you don't see it nor its corresponding profitability effect on the economy and the lives of the people.

ok

I am confident this government will make this critical project work Godwilling.


Haters can whine about importers losing money as a result or claim it is polluting the environment just to feed their hate and envy.

Na their wahala, Nigeria will progress Godwilling.

Let wait and see...I pray it survive.

I never regrets my support and vote for pmb

.
God bless pmb

God bless yemi osinbajo

Long live federal republic of Nigeria

Good

Again?

1.3T per year? This people are mad; that's just 3.56kg per day!
Even as a scrap metal dealer, I buy over 2Tonnes of scrap metal everyday.

....Except the OP is high....

1.3 tonnes = 1300 kilogram yearly, are u serious ? That is about 7 minutes production output for an average steel company. It's a shame.

Believe APC @ ur own detriment.
The source alone proves that I was right in my above statement

three:
Again?

They complete the first phase every year.

In about a decade's time, we should get to second phase, don't worry.

stjudas:
1.3T per year? This people are mad; that's just 3.56kg per day!
Even as a scrap metal dealer, I buy over 2Tonnes of scrap metal everyday.

....Except the OP is high....

is this article too much for you to read?. The caption was not correct buh the article is correct. I tire for una ooo

stjudas:
1.3T per year? This people are mad; that's just 3.56kg per day!
Even as a scrap metal dealer, I buy over 2Tonnes of scrap metal everyday.

....Except the OP is high....

is this article too much for you to read?. The caption was not correct buh the article is correct. I tire for una ooo

Hope the recruitment won't be through back door as usual?

stjudas:
1.3T per year? This people are mad; that's just 3.56kg per day!
Even as a scrap metal dealer, I buy over 2Tonnes of scrap metal everyday.

....Except the OP is high....

The numbers are actually 1.3M tonnes annually. My device nearly fell off my hand when I read the caption.

omanzo02:
1.3 tonnes = 1300 kilogram yearly, are u serious ? That is about 7 minutes production output for an average steel company. It's a shame.

I think you read but failed to comprehend. If you divide 1.3 million tons by 365 days which is one year, you will have 3561.64384 tones per day. Multiply by 1000, you will have 3561643.84 kg per day.

Title is wrong. 1.3 million tons per year. Let them complete it and concession it. The president of company says none of 30 year old equipment obsolete thats interesting.

- The Federal Government says the first phase of Ajaokuta Steel project is completed and will provide 500,000 upstream and downstream employment when it becomes operational.

These options he said include outright sales, concessioning and joint venture of Ajaokuta steel.
He, however, denied rumour about the company equipment being obsolete, adding that the company, with 98 per cent completed, could stand test of time, and that all its equipment were functioning appropriately.

It's obvious this is a lie!

DLuciano:
I never believe all these political statements, only in Naija you will only hear of government achievements but you don't see it nor its corresponding profitability effect on the economy and the lives of the people.

that is why I am still annoyed with you iPods,
Because of hatred, you will never see the silent achievement of this govt.

AlhajiSpray:



It's obvious this is a lie!

but when Obiano fed you with lies of exporting imaginary ugu to Europe even when it is obvious that he is lying you believe him. Cc:Lalasticlala

Has Britain finally allowed the completion else na anoda APC propaganda.
Bubu dey go receive treatment for dem house n e wan comot food 4 their mouth, him wan recover so?
Time will tell.