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Ajaokuta Steel Company Will Never Work - Dangote - Politics - Nairaland

Nairaland ForumNairaland GeneralPoliticsAjaokuta Steel Company Will Never Work - Dangote (17648 Views)

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Ajaokuta Steel Company Will Never Work - Dangote by ricson11(op): 10:34am On Sep 17, 2025

https://www.youtube.com/watch?v=rXQxebG51AY?si=uDlqjMQV7IBLZW3N

Billionaire industrialist Aliko Dangote has stated that the long-troubled Ajaokuta Steel Company cannot succeed despite decades of efforts.

According to him, Nigerians may continue to deceive themselves and show passion for the project, but the reality is that it is not possible.
Re: Ajaokuta Steel Company Will Never Work - Dangote by LagosOrigin: 10:41am On Sep 17, 2025
Yes , it will work only if you buy and personalise it.

Dangote you be thief
Re: Ajaokuta Steel Company Will Never Work - Dangote by kokoA(m): 10:48am On Sep 17, 2025
Truth is bitter. Nigerian government has no business doing business. They should sell off the damm thing.
Re: Ajaokuta Steel Company Will Never Work - Dangote by Kushites: 10:49am On Sep 17, 2025
It will be sad if he’s right.

I believe the real problem with Ajaokuta is that it was built by the Russians to NOT work.

I read about certain structural defects in that complex that rendered it unviable after it was completed.
Re: Ajaokuta Steel Company Will Never Work - Dangote by mrvitalis(m): 10:56am On Sep 17, 2025
When I said it here years ago because attacked me, we don't have raw materials or the comparative advantages
Re: Ajaokuta Steel Company Will Never Work - Dangote by christejames(m): 10:56am On Sep 17, 2025
When they used Nigeria's parochial sentiment to push it from Onitsha to Kogi State how will it work undecided



Nigeria is a country hurting itself just to spite some group
Re: Ajaokuta Steel Company Will Never Work - Dangote by bjdon: 11:02am On Sep 17, 2025
LagosOrigin:
Yes , it will work only if you buy and personalise it.

Dangote you be thief
Over 45 years this has not worked, and you think Dangote is talking nonsense. Its people like you, that make the case for intelligence tests for Internet use
Re: Ajaokuta Steel Company Will Never Work - Dangote by descarado: 11:07am On Sep 17, 2025
Means of syphoning money only.
Re: Ajaokuta Steel Company Will Never Work - Dangote by Commentor: 12:13pm On Sep 17, 2025
LagosOrigin:
Yes , it will work only if you buy and personalise it.

Dangote you be thief
He hasn't bought it for 50 years, yet it hasn't worked.

You still want to blame him anyway?
Re: Ajaokuta Steel Company Will Never Work - Dangote by Commentor: 12:15pm On Sep 17, 2025
christejames:
When they used Nigeria's parochial sentiment to push it from Onitsha to Kogi State how will it work undecided



Nigeria is a country hurting itself just to spite some group
Which Onitsha?

We are not talking about Smectite and Muscovite.
Re: Ajaokuta Steel Company Will Never Work - Dangote by sleek214(m): 12:42pm On Sep 17, 2025
We know.. even Tinubu knows it can never work as a government company.. but it will work under private hands
Re: Ajaokuta Steel Company Will Never Work - Dangote by Saturnalia(m): 12:50pm On Sep 17, 2025
Ajaokuta Steel Company was built by a Russian Contractor (Tyaz Prom Export) between 1979 and 1987.

Now, between 1987 and 2007, Most of the components of the Steel Mill were looted & sold as scrap metals.

When Obasanjo wanted to revive Ajaokuta Steel Mill in 2003, instead of calling on the Russian Contractor that built the Steel Mill from scratch; Yes, you guessed right! Obasanjo awarded the contract to a fictitious American Company called “SOLGAS ENERGY” that did absolutely nothing for a year before the contract was cancelled and then given to an Indian firm called GINL Ltd in 2004. This company looted more than 40% of the Ajaokuta Steel Mill components without doing anything.

Now listen to me, Ajaokuta Steel Mill can be likened to a 1972 Volkswagen Beetle. Successive Governments after Governments stripped & sold the components of this Beetle for over 30 years, and now that only the Chasis, Bumpers, Steering Wheel and the worn-out tyres are the only remaining components of this Beetle, the Government now wants to import Hyundai Engine, Toyota Gearbox, Kia Exhaust Pipes, GAC windshield, IVM Fenders and merge them together into the skeleton of this Volkswagen Beetle.

if this is not the definition of madness, Please tell me what it is?

YES! Aliko Dangote is correct. Ajaokuta Steel Mill CAN NEVER EVER WORK. Unless it is completely stripped down and a BRAND NEW STEEL MILL is built in its stead. Any task undertaken to revive this dead & buried Steel Mill is just an exercise in futility.
Re: Ajaokuta Steel Company Will Never Work - Dangote by omoiyalayi(m): 12:56pm On Sep 17, 2025
Abi make we kuku sell am to you to revive
huhhuhhuh
Re: Ajaokuta Steel Company Will Never Work - Dangote by Blakjewelry(m): 1:55pm On Sep 17, 2025
LagosOrigin:
Yes , it will work only if you buy and personalise it.

Dangote you be thief
He wanted to go into steel production but pull out because of his experience with the refinery.
Re: Ajaokuta Steel Company Will Never Work - Dangote by xtivin(m): 1:58pm On Sep 17, 2025
Dangote is right,Ajaokuta was built on the old now obsolete Blast furnace technology,it’s now archaic that’s the truth
Re: Ajaokuta Steel Company Will Never Work - Dangote by RealLordZeus(m): 2:52pm On Sep 17, 2025
bjdon:
Over 45 years this has not worked, and you think Dangote is talking nonsense. Its people like you, that make the case for intelligence tests for Internet use
Small Small.. This your yab too much na.. pity the guy
Re: Ajaokuta Steel Company Will Never Work - Dangote by studycenter: 2:54pm On Sep 17, 2025
Yeah, someone needs to tell them the truth. Politicians have used that to bait Nigerians into voting for them
Re: Ajaokuta Steel Company Will Never Work - Dangote by YourNextLevel(m): 2:54pm On Sep 17, 2025
ricson11:

https://www.youtube.com/watch?v=rXQxebG51AY?si=uDlqjMQV7IBLZW3N

Billionaire industrialist Aliko Dangote has stated that the long-troubled Ajaokuta Steel Company cannot succeed despite decades of efforts.

According to him, Nigerians may continue to deceive themselves and show passion for the project, but the reality is that it is not possible.
Buy if you monopolize it, it will work right ?

Dis naija na cruise
Re: Ajaokuta Steel Company Will Never Work - Dangote by seunlayi(m): 2:54pm On Sep 17, 2025
xtivin:
Dangote is right,Ajaokuta was built on the old now obsolete Blast furnace technology,it’s now archaic that’s the truth
Many dnt know about this and Government keep pumping money into it
Re: Ajaokuta Steel Company Will Never Work - Dangote by correctyourself(m): 2:55pm On Sep 17, 2025
Hheemm Ok, but if them sell it for you would it work? grin grin
Re: Ajaokuta Steel Company Will Never Work - Dangote by AngelicBeing: 2:56pm On Sep 17, 2025
bjdon:
Over 45 years this has not worked, and you think Dangote is talking nonsense. Its people like you, that make the case for intelligence tests for Internet use
HAHAHA 😂, Lol at intelligence TESTS for Internet use...... hahaha mucheche Hahaha 😂
Re: Ajaokuta Steel Company Will Never Work - Dangote by carzeem1: 2:56pm On Sep 17, 2025
100s of engineers and administrative staff are employed under FG for that plant collecting salaries, allowances and bonuses.
A director general with police escorts, aides etc is also in charge of the non functional steel mill.
They also submit yearly budget to the ministry for operation.
If you believe Nigeria is a functional country and this ajaokuta mess doesn't show you the depth of madness in the country, then you are a dunce.
Re: Ajaokuta Steel Company Will Never Work - Dangote by SlavaUkraini:
The Truth is always bitter but it has to be spoken...

That Steel company will never work in government hands
Re: Ajaokuta Steel Company Will Never Work - Dangote by Danchibez: 2:58pm On Sep 17, 2025
It will work when they return it to Onitsha where it was previously sited.
Re: Ajaokuta Steel Company Will Never Work - Dangote by cooltola(m): 2:59pm On Sep 17, 2025
It can work if the government is serious. All the government need to do is to build road that bring raw iron ore to the plant or build a rail track so train can deliver it to such plant, create a power plant for electricity and hire competent staff. He is another monopolist looking to get richer as acting as if he is not rich already
Re: Ajaokuta Steel Company Will Never Work - Dangote by AngelicBeing: 2:59pm On Sep 17, 2025
Saturnalia:
Ajaokuta Steel Company was built by a Russian Contractor (Tyaz Prom Export) between 1979 and 1987.

Now, between 1987 and 2007, Most of the components of the Steel Mill were looted & sold as scrap metals.

When Obasanjo wanted to revive Ajaokuta Steel Mill in 2003, instead of calling on the Russian Contractor that built the Steel Mill from scratch; Yes, you guessed right! Obasanjo awarded the contract to a fictitious American Company called “SOLGAS ENERGY” that did absolutely nothing for a year before the contract was cancelled and then given to an Indian firm called GINL Ltd in 2004. This company looted more than 40% of the Ajaokuta Steel Mill components without doing anything.

Now listen to me, Ajaokuta Steel Mill can be likened to a 1972 Volkswagen Beetle. Successive Governments after Governments stripped & sold the components of this Beetle for over 30 years, and now that only the Chasis, Bumpers, Steering Wheel and the worn-out tyres are the only remaining components of this Beetle, the Government now wants to import Hyundai Engine, Toyota Gearbox, Kia Exhaust Pipes, GAC windshield, IVM Fenders and merge them together into the skeleton of this Volkswagen Beetle.

if this is not the definition of madness, Please tell me what it is?

YES! Aliko Dangote is correct. Ajaokuta Steel Mill CAN NEVER EVER WORK. Unless it is completely stripped down and a BRAND NEW STEEL MILL is built in its stead. Any task undertaken to revive this dead & buried Steel Mill is just an exercise in futility.
Chai, nawaooo oturugbeke, which kind wahala be this, so all the billions of Nigeria invested in Ajaokuta is gone angry
Re: Ajaokuta Steel Company Will Never Work - Dangote by Cj4charles(m): 2:59pm On Sep 17, 2025
Dangote has officially swear for the steel company....
Re: Ajaokuta Steel Company Will Never Work - Dangote by TallNigerian: 2:59pm On Sep 17, 2025
bjdon:
Over 45 years this has not worked, and you think Dangote is talking nonsense. Its people like you, that make the case for intelligence tests for Internet use
LOL. You just had to add this....

Don't blame the guy, some people have limited understanding of certain issues.
Re: Ajaokuta Steel Company Will Never Work - Dangote by Image123(m): 3:00pm On Sep 17, 2025
It's commonsense disguised as sense, read again. No more character, character don finish.
Re: Ajaokuta Steel Company Will Never Work - Dangote by prinsam30: 3:00pm On Sep 17, 2025
LagosOrigin:
Yes , it will work only if you buy and personalise it.

Dangote you be thief
Exactly what I wanted to say, he's the Nigeria's problem, always trying to monopolize everything to himself, what a greedy human being
Re: Ajaokuta Steel Company Will Never Work - Dangote by oglalasioux(m): 3:01pm On Sep 17, 2025
Saturnalia:
Ajaokuta Steel Company was built by a Russian Contractor (Tyaz Prom Export) between 1979 and 1987.

Now, between 1987 and 2007, Most of the components of the Steel Mill were looted & sold as scrap metals.

When Obasanjo wanted to revive Ajaokuta Steel Mill in 2003, instead of calling on the Russian Contractor that built the Steel Mill from scratch; Yes, you guessed right! Obasanjo awarded the contract to a fictitious American Company called “SOLGAS ENERGY” that did absolutely nothing for a year before the contract was cancelled and then given to an Indian firm called GINL Ltd in 2004. This company looted more than 40% of the Ajaokuta Steel Mill components without doing anything.

Now listen to me, Ajaokuta Steel Mill can be likened to a 1972 Volkswagen Beetle. Successive Governments after Governments stripped & sold the components of this Beetle for over 30 years, and now that only the Chasis, Bumpers, Steering Wheel and the worn-out tyres are the only remaining components of this Beetle, the Government now wants to import Hyundai Engine, Toyota Gearbox, Kia Exhaust Pipes, GAC windshield, IVM Fenders and merge them together into the skeleton of this Volkswagen Beetle.

if this is not the definition of madness, Please tell me what it is?

YES! Aliko Dangote is correct. Ajaokuta Steel Mill CAN NEVER EVER WORK. Unless it is completely stripped down and a BRAND NEW STEEL MILL is built in its stead. Any task undertaken to revive this dead & buried Steel Mill is just an exercise in futility.
Well written. If Nairaland had a bookmark button I’ll bookmark this a thousand times.
Re: Ajaokuta Steel Company Will Never Work - Dangote by WriterrNg: 3:01pm On Sep 17, 2025
Kushites:
It will be sad if he’s right.

I believe the real problem with Ajaokuta is that it was built by the Russians to NOT work.

I read about certain structural defects in that complex that rendered it unviable after it was completed.
Birdbrain.

The Russians built it to 98% completion.

You still want them to help you run it after building it for you??

Instead of you to blame your greedy politicians.

Russia has built more than 30 Nuclear power plants in over 12 countries, including in China.

Why are those power plants working today and Nigeria own not working?
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