₦airaland Forum

Every year

Another wastage plan to siphon for 2027

Floky215:
He has always been set since 2 years back now and would continue to be set until Nigerians drive him and his useless criminal gang from Aso Rock...

Yes just like PH refinery

Putindbutt:
https://www.dailytrust.com.ng/fg-set-to-revive-ajaokuta-steel-plant

Just like our refineries especially the PH. Bunches of deceiver. Another avenue to siphon and milk out treasury dry.

mrvitalis:
It's impossible to revive Ajokuta... It's scientifically impossible expect we are ready to keep running it at a huge huge loss

I mean millions of dollars per month

Plz state your reason for that

They have been getting set for the past 8yrs 🤣🤣🤣 dey should revive it already

Another scam

Every administrations has been doing just that... Siphon the budget and abandon it for the next.

Putindbutt:
https://www.dailytrust.com.ng/fg-set-to-revive-ajaokuta-steel-plant

These ppl should just stop..look at portharcourt refinery after all the noise and pumping billions every now and then it's finally been disclosed that it is closing down..same with ajaokuta after citing it in a place not economically viable it has become an avenue to loot funds.

Just the same way Port Harcourt refinery was revamped bah?

MakindeHassan:
Yes just like PH refinery

YINMU!
JUST A WAY TO TELL US STORY ABOUT THE MULTI - BILLION ($)DOLLARS MISSING.
LET THE Govt- FIX LIGHT 🚨- FIRST BY DECLARING - EMERGENCY 🦺 AND DISASTER IN ALL THE DISCOS AND GENCO AND TCN.
THEY ARE FRAUD 🤥!

It's not just about reviving it but making sure we export finish goods.

AqualinaXYZ:
Criminal Tinubu on the beat



This certificate forger wan wound us with white elephant projects



From costal highway of fraud to Ajiokuta steel



Yoruba people so this idiot is actually the best man you’ve got in your region ?

Sorry, he is not a Yoruba man. We know ourselves.

Chummynoni:
Sorry, he is not a Yoruba man. We know ourselves.

Tinubu is not a yoruba man how

How many times are they reviving this Ajaokuta Steel mill?
The revival does not finish

SoftSport:
President Tinubu is really trying his best to fix Ajaokuta and help Nigeria grow strong again. He truly deserves a second term

the same way he revived the refineries

Tayorshd87:
Plz state your reason for that

Nigeria iron oil concentration is 33% minimum global requirements is 66%...so we would need an enrichment phase and the requires coke which have to be imported

That means we can't produce steel even at twice the current price and be profitable from ajokuta

It's a wasted project

Another refinery fraud Part 2. In the voice of Obj, it won't work. How will it work when DSC which is now a private company hasn't work to it's capacity as signed by FG and premium steel?

Another way to loot already scares funds

SoftSport:
President Tinubu is really trying his best to fix Ajaokuta and help Nigeria grow strong again. He truly deserves a second term

Thunder.....

Better do that before Atiku come to sell the company to his cronies. I want to believe that is part of his plan to return to Aso Rock. There are other Govt companies to be sold to friends and cronies. Nigerians must shine their eyes.

This giant that has been sleeping since 1982? I wish you good luck.

KillahPriest:
I just love white elephants

Me too. They gather plenty money with their big white hands.

The Federal Government appears poised to embark on yet another costly venture—an initiative that, if history is any indication, is likely to become a monumental waste of public funds. Time and again, we have witnessed projects launched with fanfare and lofty promises, only to be abandoned at approximately 90% completion. These unfinished projects are left to decay, becoming symbols of inefficiency and mismanagement. Then, after several years—typically with the arrival of a new administration—we are told that efforts are underway to "revive" the project. What follows is a recycled narrative of hope, feasibility studies, and fresh funding allocations. And so, the cycle of waste, neglect, and empty rhetoric continues, with little regard for accountability or sustainable development.

I believe if we really want to revive the steel plant we have to call on the Russians to fix it for us. Reason is because they are the ones that built it for us.

Not again!

mrvitalis:
It's impossible to revive Ajokuta... It's scientifically impossible expect we are ready to keep running it at a huge huge loss

I mean millions of dollars per month

it is the same game they are playing with the refineries, they are replicating here.

ZUBY77:
Every year

Oga Zuby.
Will you be in Morocco by December for the nation's cup? Maybe we can hangout there