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Shuaibu Abubakar-Audu: Nigeria Needs Over $2bn To Revive Ajaokuta Steel Plant - Politics (4) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Shuaibu Abubakar-Audu: Nigeria Needs Over $2bn To Revive Ajaokuta Steel Plant (9253 Views)

Afreximbank, UBA Disburse NNPCL Over $2bn Oil-For-Cash Loan / FG Seeks ₦‎35 Billion To Revive Ajaokuta Steel Company / Tinubu: I Will Revive Ajaokuta, Dredge River Niger (2) (3) (4)

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Re: Shuaibu Abubakar-Audu: Nigeria Needs Over $2bn To Revive Ajaokuta Steel Plant by khattab02: 10:35pm On May 09
Pathetic that something like this have been begging for completion and economic activities, Since independence fa


But hell no! na embezzlement and coatal highway be the order of the day.





When are we going to get something right? undecided
Re: Shuaibu Abubakar-Audu: Nigeria Needs Over $2bn To Revive Ajaokuta Steel Plant by Jasonekah98: 10:48pm On May 09
In Dj Khaled's voice??


ANOTHER ONE!
Re: Shuaibu Abubakar-Audu: Nigeria Needs Over $2bn To Revive Ajaokuta Steel Plant by sirmogul(m): 10:52pm On May 09
Racoon:

https://ait.live/nigeria-needs-over-2bn-to-revive-ajaokuta-steel-plant-minister/

Ajaokuta Steel Complex outlives 16 presidents in its moribund state

https://www.google.com/amp/s/businessday.ng/features/article/ajaokuta-steel-complex/%3famp

The tallest building in the world burj khalifa cost only $1.5 billion to build. Idiotic elements
Re: Shuaibu Abubakar-Audu: Nigeria Needs Over $2bn To Revive Ajaokuta Steel Plant by ufotunang: 12:35am On May 10
Sell out the ajaokuta steel company to the private sector...to a private investor to operate the steel company... government has no business in bussiness....the role of government is to provide a conducive environment for bussinesses companies industries, stell companies to thrive.. simple
Re: Shuaibu Abubakar-Audu: Nigeria Needs Over $2bn To Revive Ajaokuta Steel Plant by ayo2008: 2:19am On May 10
Another 2 Billion Naira to loot....Chai!
Re: Shuaibu Abubakar-Audu: Nigeria Needs Over $2bn To Revive Ajaokuta Steel Plant by femochee(m): 3:53pm On May 10
Hmmm...another White Elephant project.
Re: Shuaibu Abubakar-Audu: Nigeria Needs Over $2bn To Revive Ajaokuta Steel Plant by Quest7777: 10:30am On May 12
sulaak:


It was Indian's that took over Ajaocuta and DSC. Indian destroyed the UK steel industry. What Indians do , is use the steel mill to import their own steel from Indian's .
After completion & trainings, DSC was handed over to Nigerians who ran it aground, b4 Indians took over to try & revive it.
Re: Shuaibu Abubakar-Audu: Nigeria Needs Over $2bn To Revive Ajaokuta Steel Plant by sulaak(m): 1:38pm On May 12
Quest7777:

After completion & trainings, DSC was handed over to Nigerians who ran it aground, b4 Indians took over to try & revive it.

When was DSC handed over to Nigerians?

DSC was left idle by the Nigerian government, then privatised by Atiku in his role as Chairman of the National Economic Council and head of the National Council on Privatization, overseeing the sale of hundreds of loss-making and poorly managed public enterprises alongside Nasir El Rufai and handed DSC to an Indian organisation that renamed DSC to Premier Steel and ran the steel plan to the ground.



https://www.channelstv.com/2021/11/01/minister-faults-privatisation-process-of-delta-steel-company/
Re: Shuaibu Abubakar-Audu: Nigeria Needs Over $2bn To Revive Ajaokuta Steel Plant by Quest7777: 10:02pm On May 12
sulaak:


When was DSC handed over to Nigerians?

DSC was left idle by the Nigerian government, then privatised by Atiku in his role as Chairman of the National Economic Council and head of the National Council on Privatization, overseeing the sale of hundreds of loss-making and poorly managed public enterprises alongside Nasir El Rufai and handed DSC to an Indian organisation that renamed DSC to Premier Steel and ran the steel plan to the ground.



https://www.channelstv.com/2021/11/01/minister-faults-privatisation-process-of-delta-steel-company/
I was in DSC Warri in 1995. Things were already on the decline due to gross mismanagement by Nigerians.
Prior to this, the place was booming with some staff of Shell Petroleum even resigning to join DSC.

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