Tinubu Breaks 46-Year Ajaokuta Steel Jinx As NNPCL Signs 20-Year Gas Supply Deal - Politics

Tinubu Breaks 46-Year Ajaokuta Steel Jinx As NNPCL Signs 20-Year Gas Supply Deal - Politics - Nairaland

Nairaland Forum › Nairaland General › Politics › Tinubu Breaks 46-Year Ajaokuta Steel Jinx As NNPCL Signs 20-Year Gas Supply Deal (11267 Views)

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Tinubu Breaks 46-Year Ajaokuta Steel Jinx As NNPCL Signs 20-Year Gas Supply Deal by abc115(op): 10:35am On Jul 14

In what is being described as one of the most significant milestones in Nigeria’s industrial history, the Managing Director and Chief Executive Officer of Ajaokuta Steel Company Limited, Prof. Nasir Abdulsalam, has secured a 20-year Gas Supply Agreement and Memorandum of Understanding (MoU) with the Nigerian National Petroleum Company Limited (NNPCL), effectively removing one of the biggest obstacles to the commencement of steel production at the Ajaokuta Steel Plant.

The landmark agreement is expected to provide uninterrupted gas supply to the steel complex for the next two decades, addressing a critical requirement that prospective investors had consistently identified as essential for the operationalization of the plant.

The development is widely regarded as the breaking of a 46-year deadlock that had stalled the realization of Nigeria’s dream of building a thriving steel industry. Since its establishment, the Ajaokuta Steel Plant has remained largely inactive despite successive efforts by different administrations to revive the project.

Industry observers believe the breakthrough represents a major achievement under the administration of President Bola Ahmed Tinubu, whose Renewed Hope Agenda has placed renewed emphasis on industrialization, economic diversification, and strategic infrastructure development.

With the gas supply issue now resolved, investor confidence is expected to increase significantly, paving the way for the completion of outstanding processes required to commence full-scale production.

Analysts also believe the development will accelerate Nigeria’s industrial growth, generate thousands of direct and indirect jobs, strengthen local manufacturing, reduce dependence on imported steel, and position Ajaokuta Steel Company as a catalyst for national economic transformation.

For many Nigerians who have waited decades to see the steel giant come alive, the agreement signals that Ajaokuta Steel is finally on the threshold of production, bringing renewed hope that one of Africa’s largest integrated steel plants may soon begin fulfilling its long-envisioned role in Nigeria’s industrial development.

https://www.vanguardngr.com/2026/07/tinubu-breaks-46-year-ajaokuta-steel-jinx-as-nnpcl-signs-20-year-gas-supply-deal/

15 Likes

Re: Tinubu Breaks 46-Year Ajaokuta Steel Jinx As NNPCL Signs 20-Year Gas Supply Deal by LagosOrigin: 10:36am On Jul 14

Deal that only exists on the pages of newspaper

Nonsense

20yrs after tinubu mis-rule is over, we will be talking about this Ajaokuta steel

73 Likes 7 Shares

Re: Tinubu Breaks 46-Year Ajaokuta Steel Jinx As NNPCL Signs 20-Year Gas Supply Deal by AMINDA: 10:40am On Jul 14

He broke the jinx by signing an MOU? This propaganda merchants sef!

68 Likes 2 Shares

Re: Tinubu Breaks 46-Year Ajaokuta Steel Jinx As NNPCL Signs 20-Year Gas Supply Deal by PlasmaTV: 10:46am On Jul 14

APC won't cease to amaze us.
Let them show workings, instead of empty newspaper promises. Abi? E hard?

48 Likes 4 Shares

Re: Tinubu Breaks 46-Year Ajaokuta Steel Jinx As NNPCL Signs 20-Year Gas Supply Deal by TimeMachine2: 10:48am On Jul 14

You will still ne on nairaland.com till 2045 and obi will never be president.

LagosOrigin:
Deal that only exists on the pages of newspaper

Nonsense

20yrs after tinubu mis-rule is over, we will be talking about this Ajaokuta steel

31 Likes

Re: Tinubu Breaks 46-Year Ajaokuta Steel Jinx As NNPCL Signs 20-Year Gas Supply Deal by Zionmdde: 11:35am On Jul 14

I have never seen people with a more useless propaganda

Ajaokuta never lacked gas supply from day 1. They have a dedicated gas supply source. So what exactly did they sign again

Evil things

51 Likes 4 Shares

Re: Tinubu Breaks 46-Year Ajaokuta Steel Jinx As NNPCL Signs 20-Year Gas Supply Deal by Curious345: 12:01pm On Jul 14

This is funny News

6 Likes

Re: Tinubu Breaks 46-Year Ajaokuta Steel Jinx As NNPCL Signs 20-Year Gas Supply Deal by Nackzy: 12:24pm On Jul 14

I can Imagine the Corruption that will go during the execution proper of this project.. at the end the common man won't get anything

8 Likes 1 Share

Re: Tinubu Breaks 46-Year Ajaokuta Steel Jinx As NNPCL Signs 20-Year Gas Supply Deal by 12345baba(m): 12:24pm On Jul 14

Paper talk and signing. No action

6 Likes 1 Share

Re: Tinubu Breaks 46-Year Ajaokuta Steel Jinx As NNPCL Signs 20-Year Gas Supply Deal by EmmyMaestro(m): 12:24pm On Jul 14

Shebi election is by the corner that is why we are seeing all these news. Anyway let us see action in the factory first

7 Likes 1 Share

Re: Tinubu Breaks 46-Year Ajaokuta Steel Jinx As NNPCL Signs 20-Year Gas Supply Deal by ogolemati: 12:24pm On Jul 14

abc115:
https://www.vanguardngr.com/2026/07/tinubu-breaks-46-year-ajaokuta-steel-jinx-as-nnpcl-signs-20-year-gas-supply-deal/

help tell agbero chairman to stop refilling his bullion vans and spend some to make this country work

7 Likes 2 Shares

Re: Tinubu Breaks 46-Year Ajaokuta Steel Jinx As NNPCL Signs 20-Year Gas Supply Deal by Pootle: 12:25pm On Jul 14

TimeMachine2:
You will still ne on nairaland.com till 2045 and obi will never be president.

as much as i dont like obi calling his name in this makes no sense

5 Likes 1 Share

Re: Tinubu Breaks 46-Year Ajaokuta Steel Jinx As NNPCL Signs 20-Year Gas Supply Deal by iwaeda: 12:26pm On Jul 14

Another propaganda. Ajaokuta is obsolete and can NEVER work as it is now. Remember in the days of Buhari it was 98% completed more than 8 years ago. We need to sit down and think, why wasting money on dead horse. grin

13 Likes 1 Share

Re: Tinubu Breaks 46-Year Ajaokuta Steel Jinx As NNPCL Signs 20-Year Gas Supply Deal by DeltaBachelor(m): 12:26pm On Jul 14

Okay. Good for him and Nigeria

1 Like

Re: Tinubu Breaks 46-Year Ajaokuta Steel Jinx As NNPCL Signs 20-Year Gas Supply Deal by dododawa1: 12:27pm On Jul 14

It should work first.

Nigerians dont need AUDIO hyping

2 Likes 1 Share

Re: Tinubu Breaks 46-Year Ajaokuta Steel Jinx As NNPCL Signs 20-Year Gas Supply Deal by Osariemen12: 12:27pm On Jul 14

Useless media propaganda. Always praising a failure for something that only exists on the pages of the news paper.

I hope the op will buy the steels he will use to make canopies for his mom's burial from there.

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Re: Tinubu Breaks 46-Year Ajaokuta Steel Jinx As NNPCL Signs 20-Year Gas Supply Deal by Indelibleage: 12:27pm On Jul 14

As usual.
God will help them.

Re: Tinubu Breaks 46-Year Ajaokuta Steel Jinx As NNPCL Signs 20-Year Gas Supply Deal by jmoore(m): 12:27pm On Jul 14

That's how they repaired Portharcourt refinery and exported imaginary petrol to UAE.

Una no go sell that Ajaokuta steel as scrap?

The deal is a conduit pipe to loot money.

8 Likes 1 Share

Re: Tinubu Breaks 46-Year Ajaokuta Steel Jinx As NNPCL Signs 20-Year Gas Supply Deal by Mattswaggz: 12:27pm On Jul 14

Same way they've been repairing Kaduna refineries and the rest all these years right?.

11 Likes 2 Shares

Re: Tinubu Breaks 46-Year Ajaokuta Steel Jinx As NNPCL Signs 20-Year Gas Supply Deal by Gotocourt: 12:29pm On Jul 14

AMINDA:
He broke the jinx by signing an MOU? This propaganda merchants sef!

Propaganda on full throttle grin

7 Likes 1 Share

Re: Tinubu Breaks 46-Year Ajaokuta Steel Jinx As NNPCL Signs 20-Year Gas Supply Deal by Judolisco(m): 12:29pm On Jul 14

Ajaokuta get managing director ke? Arbi na my eyes?

3 Likes 1 Share

Re: Tinubu Breaks 46-Year Ajaokuta Steel Jinx As NNPCL Signs 20-Year Gas Supply Deal by dododawa1: 12:29pm On Jul 14

Prof. Nasir Abdulsalam, has secured a 20-year Gas Supply Agreement and Memorandum of Understanding (MoU) with the Nigerian National Petroleum Company Limited (NNPCL),

Northern eyes WITH south south oil.

1 Like

Re: Tinubu Breaks 46-Year Ajaokuta Steel Jinx As NNPCL Signs 20-Year Gas Supply Deal by erniok(m): 12:30pm On Jul 14

I hope this works. That ajaokuta is just a sleeping gigantic money spinner.

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Re: Tinubu Breaks 46-Year Ajaokuta Steel Jinx As NNPCL Signs 20-Year Gas Supply Deal by morikee: 12:31pm On Jul 14

Na wow o wetin this people take us for

Re: Tinubu Breaks 46-Year Ajaokuta Steel Jinx As NNPCL Signs 20-Year Gas Supply Deal by BondRiv: 12:31pm On Jul 14

This country is not yet ready for industrialization.

1 Like

Re: Tinubu Breaks 46-Year Ajaokuta Steel Jinx As NNPCL Signs 20-Year Gas Supply Deal by Atlantis585: 12:32pm On Jul 14

Good if it doesn’t end up as has always been the case.

The government must remove itself from running any type of business.

If Ajaokuta was sold a long time ago, it wouldn’t be in the situation it has remained in for almost 5 decades.

NNPC, LNG, power supply, water, and others should be sold to private sector for efficiency, improved revenue for government, and better jobs creation.

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Re: Tinubu Breaks 46-Year Ajaokuta Steel Jinx As NNPCL Signs 20-Year Gas Supply Deal by Toscarel: 12:32pm On Jul 14

Just like they sank billions of dollars into Port harcourt refinery and it still has not produce a single drop till date .....

At this point gullible people still believe anything good can come out of the cursed gathering called APC

1 Like 1 Share

Re: Tinubu Breaks 46-Year Ajaokuta Steel Jinx As NNPCL Signs 20-Year Gas Supply Deal by chrisifeanyi: 12:33pm On Jul 14

Fake fake
Just like Nigerian Air

4 Likes 1 Share

Re: Tinubu Breaks 46-Year Ajaokuta Steel Jinx As NNPCL Signs 20-Year Gas Supply Deal by MarketDispatch: 12:33pm On Jul 14

abc115:
https://www.vanguardngr.com/2026/07/tinubu-breaks-46-year-ajaokuta-steel-jinx-as-nnpcl-signs-20-year-gas-supply-deal/

Is it only gas that is Ajaokuta's problem...I thought they sold it to one Russian steel firm back in the days... those ones came and stripped all the machineries away...I stand to be corrected

3 Likes 1 Share

Re: Tinubu Breaks 46-Year Ajaokuta Steel Jinx As NNPCL Signs 20-Year Gas Supply Deal by agulion: 12:38pm On Jul 14

Uncle tell us a story, if you don't know how to lie or deceive people, then don't join APC

2 Likes 1 Share

Re: Tinubu Breaks 46-Year Ajaokuta Steel Jinx As NNPCL Signs 20-Year Gas Supply Deal by 9japride(m): 12:39pm On Jul 14

It's like that company is a cash cow? Everyone wants to chop from it.

3 Likes 1 Share

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