Lack of external infrastructure is the reason why Ajaokuta Steel Company is yet to start operations, the Minister of Mines and Steel Development, Abubakar Bawa Bwari, has said.
The minister was speaking at a press briefing on the three years’ accounts and stewardship of the ministry held in Abuja, yesterday.

“Ajaokuta is 98% completed. Everything is in place and we have our workers there that are maintaining the place. The remaining two percent has to do with external infrastructure. We need waterways. We need viable ports and so on. Government is putting all these things in place now,” he stated.
He continued: “Even if it was completed 100% it would not be able to operate. If we are to bring in all the raw materials required from Itakpe, like the iron concentrate required, you need 750 trucks travelling each day to feed Ajaokuta. Imagine 750 trucks on Ajaokuta-Itakpe road daily. The road will be bad in one week.

“So, what we have done is that we have completed the road link from Ajaokuta, Itakpe Warri ports. For Baro, it will soon be commissioned. We are trying to fix the infrastructure that will make Ajaokuta work,” the minister said.
He said many investors have indicated interest in taking over Ajaokuta, including investors who want to fix those infrastructure, adding “Ajaokuta will work.’’
The said under President Muhammadu Buhari administration’s strategic interventions from 2016, the mining sector has witnessed a steady rise in its contribution to the nation’s GDP from 0.33% in 2015 to 0.6% in 2016.
“Overall, the revenue generated by the ministry from royalties and fees has improved from N2.08 billion in 2015 to N3.92 billion in 2017 and N2.97 billion as at October 2018. Limestone mining has continued to lead in royalties earned by government,” he added.
He said within the period under review, the Mining Cadastre Office (MCO) has realized the sum of N5.2 billion as revenue generated through processing and other licensing fees.https://www.dailytrust.com.ng/why-ajaokuta-steel-hasnt-started-operation-fg.html?

GOOD INFO

I remember growing up in Ajaokuta. It was like living in London. Steady light and water supply with state of the art academic facility...

Please God, let Ajaokuta work for the betterment of our unborn generation!!

He continued: “Even if it was completed 100% it would not be able to operate. If we are to bring in all the raw materials required from Itakpe, like the iron concentrate required, you need 750 trucks travelling each day to feed Ajaokuta. Imagine 750 trucks on Ajaokuta-Itakpe road daily. The road will be bad in one week.



Typical of the Nigerian government to kick-start a project without proper feasibility studies. If the brains in their heads were functional, is it not the roads they will construct first? 98% my left yansh!

Take your garbage info called propaganda to the joke section, not every one is a zombie,
We know you have lost all your sense of reasoning,
We know you have sold out your conscience for your belly.
Inshallah 4+0

lol , zombies are my only problem in this country, APC used Ajaokuta to campaign 4years ago, and the place is cover up in bush today, this is the photo punch took there 5 months ago.

https://punchng.com/we-wont-spend-money-on-ajaokuta-again-fg/

quoting Fayemi the Mineral and steel minister, saying they won't spend money on Ajaokuta again, why trying to fool the people again?

instead of Buhari to instruct Fayemi the minister of steel to fix Ajaokuta ? he was busy chasing fayose all over the place to install the minister of steel as governor in his attempt to win re election abandoning his major duty


shame on you people defending this selfish leaders..

The wailers will still not see anything good about the man God himself planted to save this country...








especially that tribe to my right from prestigious Southwest...



They are so arrogant and have no respect for anyone including their own elders...


shiooor! tufiakwa!



if you still don't get it. Anyway I say anything further than.......






IGBO AMAKA

FG should stop Making Empty promises
FG should meet the demands of ASUU/ASUP
FG should grow the Educational Sector
FG should STOP toying with the students future

FG should EndASUUstrike
FG should EndASUUstrike
FG should EndASUUstrike

FG should EndAsupStrike
FG should EndAsupStrike!!

We want it to END NOW!!!!!

Another thrash

Yimu.....excuses!

Because it is easier to promise wonders than to achieve them. And nigerians are simpletons: they are satisfied with empty promises. SIMPLE.

Feel free to check my signature to compare and book the cheapest possible flights and hotels worldwide. It's TOTALLY FREE.

After all the promises, now is the reasons why......
We pray for the smooth running of this archaic project

The RIGHT person will do the RIGHT thing

This useless government no fit manage economy. Every thing in their fold is now moribund. We all have the duty to send Buhari led government away next month, particularly to Daura.

I don't think the place will ever be operational again,believe the federal government at your peril.

check my siggy

This government has been living on lies. It's time to send someone to Daura!

Fraudulent liars

because Nigeria lacks leadership

Ajaokuta steel and second Niger bridge are two of those magics any government in power can effectively use to win votes from certain sections of the country. The worst part of our stupidity is that we see ourselves as the wisest people in Nigeria.


Ajaokuta steel plant and second Niger bridge will again be used for 2023 elections campaign. Quote me on this!

But before then, I give Buhari 4+0 = back to Daura or Sudan.

Federal government has been talking about Ajaokuta Steel since I was 4 yrs old. Today I'm 40 yrs old and my son is 10 yrs old. They will invest 20 billion, 100 billion, 200 billion, 900 billion, 1.9 billion dollars, 900 million dollars, 2.4 billion dollars. Still not functional! Who are you people fooling? Why not just burn the whole place down? Because the total money invested in trying to bring the plant back to life since 80s can build 15 new Ajaokuta Plants.

Even if Buhari explain why there is failure everywhere in his government and why there will be hunger in Nigeria, zombies will shout carry on baba beccause of 30k.

yomi96:
Take your garbage info called propaganda to the joke section, not every one is a zombie,
We know you have lost all your sense of reasoning,
We know you have sold out your conscience for your belly.
Inshallah 4+0

The professional liars has failed woefully

Odingo1:
Even if Buhari explain why there is failure everywhere in his government and why there will be hunger in Nigeria, zombies will shout carry on baba beccause of 30k.

Those ones will not escape punishment

story for d gods

Ahhh

The reason is past 16 years of PDP looting.

You mean you can't discharge your duty in a 98% completed facility? This man deserves a sack