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Nairaland Forum / Nairaland / General / Politics / Shuaibu Abubakar-Audu: Nigeria Needs Over $2bn To Revive Ajaokuta Steel Plant (9355 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 uuzba(m): 3:47pm On May 09 |
travelzcruix:It fails because it is a government parastatal, and the people hate the government. You only need to be patriotic and love government for government industries to work. But majority of Nigerians hate government already. It's we against THEM since 1960 independence. - But once it is a private organization with happy staff/workers, it will work though not very well, but it will work. |
Re: Shuaibu Abubakar-Audu: Nigeria Needs Over $2bn To Revive Ajaokuta Steel Plant by Jomonix: 3:49pm On May 09 |
To get value for money it's best to sell off the plant to a private entity |
Re: Shuaibu Abubakar-Audu: Nigeria Needs Over $2bn To Revive Ajaokuta Steel Plant by RaptorX: 3:50pm On May 09 |
This steel plant is obsolete already and should be scrapped. We missed the opportunity to make something out of it, and spending money to revive it us just throwing money down a bottomless pit. |
Re: Shuaibu Abubakar-Audu: Nigeria Needs Over $2bn To Revive Ajaokuta Steel Plant by Malawian(m): 4:06pm On May 09 |
Na your turn jare. Chop this Ajaokuta mamumi money. Jeun S'oke. Ndi Ara everywhere. |
Re: Shuaibu Abubakar-Audu: Nigeria Needs Over $2bn To Revive Ajaokuta Steel Plant by IBB007: 4:34pm On May 09 |
lol…I don’t think this ajaokuta steel company will ever work…dem just dey use the stuff embezzle money ni |
Re: Shuaibu Abubakar-Audu: Nigeria Needs Over $2bn To Revive Ajaokuta Steel Plant by lawrenty50: 4:48pm On May 09 |
Racoon:….I just believed these guys are not ashamed to tell lies…chaiiiiiii…$2b for this government’s term on ajaokuta after years of allocation on it by several head of states…Oga ooo |
Re: Shuaibu Abubakar-Audu: Nigeria Needs Over $2bn To Revive Ajaokuta Steel Plant by Blitzking: 4:50pm On May 09 |
Why didn't dangote opt for the steel industry..Guess it's not a viable project |
Re: Shuaibu Abubakar-Audu: Nigeria Needs Over $2bn To Revive Ajaokuta Steel Plant by BreconHills(m): 4:52pm On May 09 |
Ajaokuta should be turned into the museum of bad decisions. The design of the plant was wrong from the get go. You cannot industrialize using steel and iron rods. |
Re: Shuaibu Abubakar-Audu: Nigeria Needs Over $2bn To Revive Ajaokuta Steel Plant by torqque7(m): 4:54pm On May 09 |
Lol these clowns just don see us finish..oga do you know what 2billion dollars is?even if you are building a new one sef two billion dollars?just to revive it?Kai we don suffer for this country Sha. |
Re: Shuaibu Abubakar-Audu: Nigeria Needs Over $2bn To Revive Ajaokuta Steel Plant by Dilligzer: 4:54pm On May 09 |
$2bn what |
Re: Shuaibu Abubakar-Audu: Nigeria Needs Over $2bn To Revive Ajaokuta Steel Plant by Segxydube: 4:56pm On May 09 |
KHAYGOLD: Gbaja and akpabio have first class in stealing |
Re: Shuaibu Abubakar-Audu: Nigeria Needs Over $2bn To Revive Ajaokuta Steel Plant by Chefinnocent(m): 5:10pm On May 09 |
Leave am like that don't revive it |
Re: Shuaibu Abubakar-Audu: Nigeria Needs Over $2bn To Revive Ajaokuta Steel Plant by vickertony(m): 5:11pm On May 09 |
Thieves |
Re: Shuaibu Abubakar-Audu: Nigeria Needs Over $2bn To Revive Ajaokuta Steel Plant by Charly68: 5:19pm On May 09 |
What has happened to the bilions wasted on the project in the past. ? Fayemi came and spoke grammer on the project until he left yet no show. We don't have faithful leaders in the country. There is nothing wrong with the project that started since 1979 ,our only problem is leadership corruption .. 1 Like |
Re: Shuaibu Abubakar-Audu: Nigeria Needs Over $2bn To Revive Ajaokuta Steel Plant by onadana: 5:23pm On May 09 |
Quest7777: Even Ajaokuta steel was run by the Russians at least that I knew when I was in Lokoja from 1986 to 1991.The place was paradise.What happened?Nigeria happened. Every new government was complicit. 1 Like |
Re: Shuaibu Abubakar-Audu: Nigeria Needs Over $2bn To Revive Ajaokuta Steel Plant by mmsen: 5:35pm On May 09 |
How long are you people going to waste talking about this nonsense. From the time I was born until now. Either sell or whole or dismantle and sell it but stop using it as a distraction for your incompetence. |
Re: Shuaibu Abubakar-Audu: Nigeria Needs Over $2bn To Revive Ajaokuta Steel Plant by mmsen: 5:36pm On May 09 |
uuzba: Not true. Look at all the failed businesses in Nigeria. You need basic infrastructure for any business to survive. You need a degree of reliability, which is again lacking in Nigeria. |
Re: Shuaibu Abubakar-Audu: Nigeria Needs Over $2bn To Revive Ajaokuta Steel Plant by MakindeHassan: 5:59pm On May 09 |
Russia did a feasibility study and sent to the government before this project was executed stating that it will not be a profitable venture. 2024 you still want to waste funds on it. Just sell it |
Re: Shuaibu Abubakar-Audu: Nigeria Needs Over $2bn To Revive Ajaokuta Steel Plant by Leo588(m): 6:18pm On May 09 |
Same Aka that has taken so much😳😳😳? Nawaoooo that repair no Dey finish ooo |
Re: Shuaibu Abubakar-Audu: Nigeria Needs Over $2bn To Revive Ajaokuta Steel Plant by Bullfallo(m): 6:25pm On May 09 |
That amount will build a steel company from scratch. What would they want to revives old technology when the amount can build new latest one with modern technology. |
Re: Shuaibu Abubakar-Audu: Nigeria Needs Over $2bn To Revive Ajaokuta Steel Plant by Fearyourcreator: 7:06pm On May 09 |
LagosFirstSon:If only thing you always think is cash out ... You don lose your senses already |
Re: Shuaibu Abubakar-Audu: Nigeria Needs Over $2bn To Revive Ajaokuta Steel Plant by okoroemeka(m): 7:24pm On May 09 |
Throwback:it does not make sense to reinforce failure,it is a waste of time effort and finance,the best thing for that steel complex is to be scrapped and sold iron condemn,let's cut our losses |
Re: Shuaibu Abubakar-Audu: Nigeria Needs Over $2bn To Revive Ajaokuta Steel Plant by OfeAchi: 7:39pm On May 09 |
Quest7777:Blacks and especially the Africans are inferior to the white specie. In fact, they are sub human. A specie below the Homo Sapiens (thinking man). I would say Africans are Homo Habilis. |
Re: Shuaibu Abubakar-Audu: Nigeria Needs Over $2bn To Revive Ajaokuta Steel Plant by benjanny(m): 8:03pm On May 09 |
Leave the steel company like that |
Re: Shuaibu Abubakar-Audu: Nigeria Needs Over $2bn To Revive Ajaokuta Steel Plant by Throwback: 8:18pm On May 09 |
okoroemeka: Exactly! 1 Like |
Re: Shuaibu Abubakar-Audu: Nigeria Needs Over $2bn To Revive Ajaokuta Steel Plant by sulaak(m): 8:19pm On May 09 |
Quest7777: 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 . |
Re: Shuaibu Abubakar-Audu: Nigeria Needs Over $2bn To Revive Ajaokuta Steel Plant by Elidrisy20: 8:22pm On May 09 |
Sell the scrabs to DR congo |
Re: Shuaibu Abubakar-Audu: Nigeria Needs Over $2bn To Revive Ajaokuta Steel Plant by PHAYOL81: 8:24pm On May 09 |
Hmmmmm! |
Re: Shuaibu Abubakar-Audu: Nigeria Needs Over $2bn To Revive Ajaokuta Steel Plant by GentleRay: 8:51pm On May 09 |
Make una kuku leave ham |
Re: Shuaibu Abubakar-Audu: Nigeria Needs Over $2bn To Revive Ajaokuta Steel Plant by princefunm: 9:19pm On May 09 |
These are the kind of people who have fit the bar beach execution style of Babangida's era. Ajaokuta that should be addressed inhouse.....each administration that passes keeps using it as a ticket fro corrupt political jujitsu How many billions has Ajaokuta already swallowed with shitting out a single billet? Now this mumu is talking $2bn. $2bn kill you there |
Re: Shuaibu Abubakar-Audu: Nigeria Needs Over $2bn To Revive Ajaokuta Steel Plant by princefunm: 9:21pm On May 09 |
helinues: Reasonable gini......? All that money...and you are calling that reasonable? It's not reasonable my brother.....it is sinful. Obscenely sinful amount of money |
Re: Shuaibu Abubakar-Audu: Nigeria Needs Over $2bn To Revive Ajaokuta Steel Plant by Barcalee: 10:18pm On May 09 |
They should just send #yahayabello and the project is funded |
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