duni04:

Oga you still are nt getting the point. She is not any crying voice!!! She is just part of a conspiracy to swindle Nigeria of N300billion naira! The house of Reps of the Federal Republic of Nigeria made a major policy shift based on the advise of a woman who has no background whatsoever in Steel and whose only claim to fame is her women's NGO!!! In another country this would be a national scandal! But somehow we even have dunces on this thread quoting what the lady said in the National Assembly and on NTA, without even knowing anything about her background or who she represents!!! Of all the Iron an steel experts an Engineers in Nigeria, our House of reps decides to make a major policy change based on a women's NGO activists testimony!!!

Okay sir you don WIN, I am not fully in support of any new chang her cry would bring all I am saying is that the ASC has always being a CASINO

Olalan:
Ajaokuta mill is just a drain pipe for our resources, they had better sell it off to private firms cause it seems government has no answer to the problems there

they never seem to learn anything. its a case of one step forward 3 steps backward. another opportunity for looters. it would have been wiser to sell 70% to reputable and competent foreign firm and government retain 30% but no, politics and petty sentiments will always impaire their good judgement.

duni04:

Oga you still are nt getting the point. She is not any crying voice!!! She is just part of a conspiracy to swindle Nigeria of N300billion naira! The house of Reps of the Federal Republic of Nigeria made a major policy shift based on the advise of a woman who has no background whatsoever in Steel and whose only claim to fame is her women's NGO!!! In another country this would be a national scandal! But somehow we even have dunces on this thread quoting what the lady said in the National Assembly and on NTA, without even knowing anything about her background or who she represents!!! Of all the Iron an steel experts an Engineers in Nigeria, our House of reps decides to make a major policy change based on a women's NGO activists testimony!!!

Guy you are talking balderdash!

Anybody can do a research about a topic and get it's facts and come to any NASS open hearing and present for members to debate on....the Natasha woman or anybody does not need to be an expert in steel plants to know the basics truths.....its left for 300 representatives of the people to debate and know who is making sense and take resolutions, that is their jobs

Is it the scam the minister and some cabals want to perpetuate with the concessioning that should be allowed to go on?!

Just know that the NASS is dead serious this time around to get ajaokuta work...and they are all out for the excutivies on this.

seunmsg:


When did the Russian firm made the request and is there an existing valid contract between the federal government of Nigeria and the firm?

from abacha regime and then in 2003 when obasanjo went to Russia

duni04:

Oga what is the name of the Russian firm making that request??

Tyazh Promo Export.(TPE

martineverest:
from abacha regime and then in 2003 when obasanjo went to Russia

Since there is no existing contractual agreement between the firm and the government of Nigeria, the figures of Abacha and Obasanjo era cannot be taken as anything. Even if government is to award a contract for the completion of the ASC, the process will have to be in line with the provisions of the public procurement act and not a direct contract to any Russian firm.

It is obvious that the house of reps members are acting out a Russian script based on what they want to benefit or they don't know what they are doing at all. ASC should be sold to a serious private company that can complete the plant and make it work. We should not fall for the scam that some Russians and members of the house of reps are trying to perpetuate.

Olalan:
Ajaokuta mill is just a drain pipe for our resources, they had better sell it off to private firms cause it seems government has no answer to the problems there

THEN WHICH AVENUE WILL THEY USE TO GET RICE AND DUBAI MONEY

HOW E TAKE CONCINE KOGI STATE GOVT

Obinwenite:

I disagree with you.What's the presidency doing, if the presidency is proactive the company should be functioning now.Everyone has to share the blame including kogi state government .

I still remember with nostalgia how my lecturer then in FUTO, Prof. O. O, (Material Science) and Dr. Ifeanyi (Mine Design) they told us that they were amongst those sent to MIT by Nigerian govt to study metallurgy to equip them with the requisite and in depth knowledge required to operate Ajaokuta steel plant in the early eighties.

Sadly, they acquired the best knowledge in the one of the world's best institutions, came back to Naija, but the steel plant project could not be actualised till date because of several and multifaceted factors.

It's a pity how brains are rotten away. God help Nigeria.

SternProphet:


How old are you?
Where are you from?

I want to restrain myself as I type this. I know Nigerian youths are very annoying so I will be restrained and very elementary.

Nigeria = plenty of youths (demographically speaking)
Youths = need a future, jobs, get married to whom they love,
have kids
Ajaokuta = Steel plant. They call it a basic industry.

Ajaokuta Steel Plant = liquid Steel + 30 very useful products and
gases

Ajaokuta can produce raw materials for 30 other industries.

Ajaokuta can produce enough Steel to 100x the current Nigerian rail capacity.

Trump is protecting US Steel and Aluminium. I don't like Trump but he struggles not to be a fool. Here he may have succeeded.

Why should Nigeria be foolish and not complete Ajaokuta

When a young man comes on Nairaland to vomit timidly what global Steel makers and their agents want to do to make us dependent, it means generational curses are at work. You showing off stupidly.

The stupidest idea running on the Internet is suggesting that Nigeria cannot run a steel plant.

NIGERIA CANNOT REPEAT CANNOT RUN A STEEL PLANT
NIGERIANS HOWEVER CAN
KNOW THE DIFFERENCE
AND STOP FORMING KNOW NOTHING

They are not insulting Buhari they are insulting young Nigerian Engineers.

Ethiopia and Egypt and S. Africa are running Steel plants.

It is even sad that some of our brothers from the S.East have joined the crowd...you know showing off over nothing.

If Ajaokuta was sited in Enugu , won't it have been running since 1979?.

Please I like you but please think deep about issues before jumping in. Don't be mentally timid, running with other people's ideas.

Ajaokuta is a challenge. Nigeria will run it and develop other basic industries, defence industries, foundries and more sophisticated stuff from it. We shall become an exporter .

It can run, WITH or WITHOUT government. Ethiopian and Egyptian plants are not privately owned.

PLS PROVIDE LINK TO GOVT RUN STEEL PLANT

SternProphet:


The plant is 95% completed. I believe your suggestion is what the government is going to do. We can complete, get competent management and privatize on the stock exchange. If we sell to an international Steel company, they will strip it and sell.

Steel is now a strategic industry to be nurtured like in the 70s . No more Global players because Trump has decided to protect US Steel. US Steel and Aluminium are now more expensive in US itself than the imported high tariffed Steel from China because US Steel makers want to make enough money in the short term to replace all their equipment.

We needed to do same to our own. We need the plant running for railways, defence industry, agro equipment industry and auto industry. We should not listen to any commerciality bullshit OR stupid talk about government inefficiency .
Govt inefficiency is a choice you make.

GOVT INEFFICIENCY WILL HOOK YOU LATER
ASK USA THA LOST MANUFACTURING TO CHINA
IT MAY NOT SHOW IN SHORT TERM BUT ITS THERE AND WILL BITE YOU IN THE ASSS EVENTUALLY

davicto:

hello Guys..I currently resides in Ajaokuta.have lived here all my life,and no the steel politics alittle.but.I feel the approach of the NASS is comendable.cos.the decision to privatize the plant will only rob Nigeria and Nigerian of their right.the concession arrangement is a fraud.like the DIScos...that why the REPs took sure decision..but sincerely I believe in the steel project and pray it works cos.its the only solution to the diversification of the economy and development of Nigeria..

HAVE YOU EVER SEEN A GOVT ENTERPRISE SUCCEED
WHICH RIGHT DO NIGERIANS HAVE,ZERO STEEL FOR 40 YEARS?
IS IT NOT NIGERIANS THAT WILL WORK THERE OR WHAT IS THIS NONESENSE YOU'RE SAYING

Ham5ter:
Pls can someone go and watch Natasha Akpoti’s talk on the floor of the house and know why it’s important we get the steel industry up and running

WHO NATASHA EPP
IF E DE PAIN HER MAKE SHE RUN FOR OFFICE AND MAKE IT HAPPEN

martineverest:
u are totally incorrect my brother....I watched the plenary session concerning this ajaokuata last month,the guest speaker, Natasha hadiza akpoti,who I guessed is the spokeswoman of the original builder,made us know that the original Russian builders are still functioning and are also responsible for building and maintenance of the 5 largest steel plants in Asia....she also made us know how much abacha syphoned when trying to revive the steel plant.obasanjo did sign MoU with the original buildera,but he didn't fulfill it....the original builders still exist

NO WONDER
DEM SEND AM
I KNEW THERE HAD TO BE SOME SORT OF ANGLE
WOMAN GO JUST TAKE TIME DE DRINK AJAOKUTA PANADOL FOR NOTHING,E EASY?

THEN WHAT WILL HAPPEN

Ademat7:

https://www.youtube.com/watch?v=m1QTfGYj_0g&t=501s
please watch the video

ballerin:
House of thieves, they'd lit a country on fire for kickbacks. Fayemi is opposed to this move but he can go to hell all they care. Bunch of idiots wasting our resources

GO CHECK AM
FAYEMI GET HIM OWN INTEREST

yom2:
they never seem to learn anything. its a case of one step forward 3 steps backward. another opportunity for looters. it would have been wiser to sell 70% to reputable and competent foreign firm and government retain 30% but no, politics and petty sentiments will always impaire their good judgement.

POLITICS IS NOT PETTY O.IT'S LIFE AND DEATH

seunmsg:



Since there is no existing contractual agreement between the firm and the government of Nigeria, the figures of Abacha and Obasanjo era cannot be taken as anything. Even if government is to award a contract for the completion of the ASC, the process will have to be in line with the provisions of the public procurement act and not a direct contract to any Russian firm.

It is obvious that the house of reps members are acting out a Russian script based on what they want to benefit or they don't know what they are doing at all. ASC should be sold to a serious private company that can complete the plant and make it work. We should not fall for the scam that some Russians and members of the house of reps are trying to perpetuate.

it shouldn't be sold to Nigerians.....the woman revealed how her governor,kogi guv'nor connived with a private film that is currently managing it to buy it...she also revealed how CAC chairman illegally awarded the private firm CAC documents to enable them acquire it despite she and her lawyers pointed out the illegality of the firm to the CAC.



from ur point of view,u have actually been able to convince me that reps were behind the woman's speech....cos I could recall how well detailed her speech was and I wondered how she got some of the information she revealed and ppl like fayemi and kogi govt were exposed.......

That said,the way the reps were showering praises on her after her speech made me think that it was premeditated

Olalan:
Ajaokuta mill is just a drain pipe for our resources, they had better sell it off to private firms cause it seems government has no answer to the problems there

absolutely Wong bro, if you listened to barrister Natasha akpoti's presentation at the national assembly, u will see that it's our so called leaders that's a using ajaokuta steel to drain the government. If its given to the original builder (the Russians) to complete their work, Ajaokuta steel would have been working perfectly by now and Nigeria as a whole would have been benefiting from it now.

martineverest:
Tyazh Promo Export.(TPE

Oga a simple Google search would have told you that that company doesn't exist! But of course you didn't do any Google search.

Alcantara88:
absolutely Wong bro, if you listened to barrister Natasha akpoti's presentation at the national assembly, u will see that it's our so called leaders that's a using ajaokuta steel to drain the government. If its given to the original builder (the Russians) to complete their work, Ajaokuta steel would have been working perfectly by now and Nigeria as a whole would have been benefiting from it now.

Bros the original builder doesn't exist!!! The original builder died with the former Solviet Union and there isn't even a successor company!!! That Natasha lady is a fraud! She has collaborators in the National Assembly. They want the FG to allocate N300billion and give to a company that doesn't exist! If it's allowed to go through, it'll be the biggest scam of the century!

The ASC shoud be of national priority - Nigeria will continue to take the back seat in matters of industrialisation if the plant in not brought on stream. It is misleading for people here to assume that the Soviet company that built it to 95% completion ran aground with the now-defunct union. No! Russia, Georgia, Ukraine et'al all morphed out of the union, just as Tyazhpromexport (TPE) - which exists today as ROSTEC. TPE exists today just like GAZPROM, a multi-spectral, state-run corporation with total assets in excess of $250bn. It is a behemoth, a symbol of Russian industrial might. The Chinese People's government even contracts with Gazprom on projects of gargantuan scale. Listen, Nigeria is just not ready to set the furnaces in Ajaokuta alight - we are more interested in 'da'awah' and evangelism'. God will fix Ajaokuta for us; he fixes everything! The level of stupidity in Nigeria is grandiose! How can a sane people be talking of looters' list, hijab, BBN, agbada, Islamization, tithe etc when the furnace at Ajaokuta ( a complex bigger than all our refineries - dead refineries - combined) lie dead-cold! We are in a league of ours!

billante:


Guy you are talking balderdash!

Anybody can do a research about a topic and get it's facts and come to any NASS open hearing and present for members to debate on....the Natasha woman or anybody does not need to be an expert in steel plants to know the basics truths.....its left for 300 representatives of the people to debate and know who is making sense and take resolutions, that is their jobs

Is it the scam the minister and some cabals want to perpetuate with the concessioning that should be allowed to go on?!

Just know that the NASS is dead serious this time around to get ajaokuta work...and they are all out for the excutivies on this.

Bros you're the one refusing to use sense and read between the lines. We have a lady with zero background in the industry, setting our steel policy in Nigeria and constantly telling us that a mysterious Russian company should be given money to revive ASC. Our House of Reps then invites this questionable lady with a questionable background to give a presentation to an entire country on a field she has zero expertise in! Our House of Reps then changes our Privitization act and wants to allocate N300billion to this non existent (And nameless) company that built the ASC, based on the fraudulent presentation (laced with lies) given by this fraudstar!
When a simple Google search by you or any of those house of reps would have revealed to you that that Russian company only exists in the minds of Natasha and her sponsors?

FemiMaduka:
The ASC shoud be of national priority - Nigeria will continue to take the back seat in matters of industrialisation if the plant in not brought on stream. It is misleading for people here to assume that the Soviet company that built it to 95% completion ran aground with the now-defunct union. No! Russia, Georgia, Ukraine et'al all morphed out of the union, just as Tyazhpromoexport (TPE). TPE exists today as GAZPROM, a multi-spectral, state-run corporation with total assets in excess of $250bn. It is a behemoth, a symbol of Russian industrial might. The Chinese People's government even contracts with Gazprom on projects of gargantuan scale. Listen, Nigeria is just not ready to set the furnaces in Ajaokuta alight - we are more interested in 'da'awah' and evangelism'. God will fix Ajaokuta for us; he fixes everything! The level of stupidity in Nigeria is grandiose! How can a sane people be talking of looters' list, hijab, BBN, agbada, Islamization, tithe etc when the furnace at Ajaokuta ( a complex bigger than all our refineries - dead refineries - combined) lie dead-cold! We are in a league of ours!

You're a big fool! Gazprom the giant Russian oil company is now a steel company? What kind of stupidity is brewing in Nigeria these days? Have you googled the TPE in Russia? That scam is non existent! What is wrong with you people sef! Are you this easy to deceive! Even with the advent of Google!!!
Na wa o!

duni04:

You're a big fool! Gazprom the giant Russian oil company is now a steel company? What kind of stupidity is brewing in Nigeria these days? Have you googled the TPE in Russia? That scam is non existent! What is wrong with you people sef! Are you this easy to deceive! Even with the advent of Google!!!
Na wa o!

You shouldn't be in a haste to pour bitterness on people. I was still putting my post together (though it was inadvertently posted) when you pounced on it. This is Nairaland where people post "Y" only to come drop the complete shit later. I'll restrain myself not to trade banters with you. However, you have to understand that for the fact that a company re-organises or repositions itself, doesn't mean it has erased all traces of its heritage. The company we know as Union bank today was once Colonial Bank, then Barclays bank. Mind you, this same 'Union Bank' has gone through a number of mergers and acquisitions but that doesn't strip it of its heritage. It might further interest you that the Union bank operates in the property, captial market and communications sectors under different franchise. You'll still read anywhere that Union bank was founded in 1917 (and rightly so). Now, most of these Soviet companies didn't die with the union, as each member-state left and continued with whatever assets of the old soviet union that fell under its jurisdiction. Russia and Ukraine were the biggest players on this turf. Most of these companies were state-run (ofcourse due to the socialist leaning), and they went through reorganisation to meet with the emerging realities (most of them taking up new names or becoming subsumed under a new parent body). But in all of these, they still hold tight to their heritage. ROSTEC is the umbrella body for most of all these soviet-era corporations - including the talked about TPE. I brought in Gazprom (a company that has its roots planted in the WW2 era) a classical example of how Russian corporations have morphed over the years. I hope you learn to be less edgy. Would a mention of the Nigerian Army be complete without the mention of the WW2-era Royal West African Frontier Force?

yom2:
they never seem to learn anything. its a case of one step forward 3 steps backward. another opportunity for looters. it would have been wiser to sell 70% to reputable and competent foreign firm and government retain 30% but no, politics and petty sentiments will always impaire their good judgement.

That is exactly the goal Buhari was pursuing with the planned Privitization. The house of reps conducted a public hearing and even approved N500million for the Privitization process. Then money changed hands somewhere in between and the NA declares the Minister hostile and one mysterious lady with a mysterious background Is called in to hoodwink Nigerians into believing that one mystical company somewhere in Russia should be given N300billion to revive ASC. The house of reps then, overnight and in record time emoves the ASC from the Privitization list without a public hearing. It's one of the most sophisticated and geniously organised scams ever!!!

FemiMaduka:
You shouldn't be in a haste to pour bitterness on people. I was still putting my post together (though it was inadvertently posted) when you pounced on it. This is Nairaland where people post "Y" only to come drop the complete shit later. I'll restrain myself not to trade banters with you. However, you have to understand that for the fact that a company re-organises or repositions itself, doesn't mean it has erased all traces of its heritage. The company we know has Union bank today was once Colonial Bank, then Barclays bank. Mind you, this same 'Union Bank' has gone through a number of mergers and acquisitions but still it doesn't strip it of its heritage. It might further interest you that the Union bank operates in the property, captial market and communications sectors under different franchise. You'll still read anywhere that Union bank was founded in 1917 (and rightly so). Now, most of these Soviet companies didn't die with the union, as each member-state left and continued with whatever assets of the old soviet union that fell under its jurisdiction. Russia and Ukraine were the biggest players on this turf. Most of these companies were state-run (ofcourse due to the socialist leaning), and they went through reorganisation to meet with the emerging realities (most of them taking up new names or becoming subsumed under a new parent body). But in all of these, they still hold tight to their heritage. ROSTEC is the umbrella body for most of all these soviet-era corporations - including the talked about TPE. I brought in Gazprom (a company that has its roots planted in the WW2 era) a classical example of how Russian corporations have morphed over the years. I hope you learn to be less edgy.

Bros are you insinuating that the FG should give N300billion to a company that only exists in the mind of Ms Natasha and those compromised reps? Everybody keeps saying that TPE still exists but a simple Google search says otherwise. There isn't even a successor company. ROSTEC is a Russian conglomerate that has no involvement in Nigeria at all! So who exactly is collecting this N300billion that Ms Natasha and her boyfriends in the NA want us to share?

yom2:
they never seem to learn anything. its a case of one step forward 3 steps backward. another opportunity for looters. it would have been wiser to sell 70% to reputable and competent foreign firm and government retain 30% but no, politics and petty sentiments will always impaire their good judgement.

Again. Foreign firms will do Asset stripping or reduce it to a minor plant in their Asset base. There was a steel gut up to lazy month. The prices were falling.
Nigeria needs the plant for more important reasons than commerciality.

What I don't understand is why keeping a strategic Asset Nigerian owned is 3 steps back ward.
Ajaokuta produces more than just Steel. There are many by products which we are still importing.

Many , many , many jobs when the plant is completed.

Nigerians are just trying to showoff their intelligence when they thoughtlessly say we should sell the plant. Look at the map of the world. It is cheaper for Nigeria to run than any Global Steel player.

duni04:

Bros are you insinuating that the FG should give N300billion to a company that only exists in the mind of Ms Natasha and those compromised reps? Everybody keeps saying that TPE still exists but a simple Google search says otherwise. There isn't even a successor company. ROSTEC is a Russian conglomerate that has no involvement in Nigeria at all! So who exactly is collecting this N300billion that Ms Natasha and her boyfriends in the NA want us to share?

Life doesn't start and end on 'google search'; there's alot google doesn't tell. Anyway, this is from your much-loved google. You think I trust those crooks? If you read me well you wouldn't even find any mention of 'House of Reps' or whatever. I am only saying: let's get Ajaokuta running! You still haven't apologised for using expletives even without provocation.

you will have full understanding of the journey so far

mikolo80:
THEN WHAT WILL HAPPEN

deomelo:
Sadly, with that money, Nigeria can build 3 new steel mills with the latest technology, instead of wasting money on the same old RUSSIAN steel mill with old and archaic technology.

would u keep quiet if u don't know what to say, how can $1bn build 3 steel mills, OK, maybe u meant 3 mills whose combined capacity won't be up to 5% of ajaokuta. This is the same way people expect government to use $100m to build biggest refinery in the world, the same way they were deceived that Nigeria can get 24/7 power within 6 months if we are serious, when a 6000MW power plant takes more than 5 years to build.