Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,166,079 members, 7,863,797 topics. Date: Tuesday, 18 June 2024 at 06:42 AM |
Nairaland Forum / Nairaland / General / Politics / Government Expecting One Million MT Steel From $1.5 Billion Steel Plant (10502 Views)
Shuaibu Abubakar-Audu: Nigeria Needs Over $2bn To Revive Ajaokuta Steel Plant / Nigeria Exports 17.9 Million MT Of LNG In 2021, Tops Africa’s Chart / $600m Steel Plant Will Be Nigeria’s Highest Non-oil FDI – Gupta (2) (3) (4)
Re: Government Expecting One Million MT Steel From $1.5 Billion Steel Plant by oluwasegun007(m): 8:12am On Oct 20, 2020 |
It will attract automobile industry in Nigeria with poor electricity... Shey na generator dem one use 1 Like 1 Share |
Re: Government Expecting One Million MT Steel From $1.5 Billion Steel Plant by CodeTemplar: 8:14am On Oct 20, 2020 |
thundafire:Ajaokuta will be donated to nollywood for action film scenes. |
Re: Government Expecting One Million MT Steel From $1.5 Billion Steel Plant by stabilizer: 8:18am On Oct 20, 2020 |
This is not my problem. Is there no country that needs a used president? We really need to put our president up for sale at a very cheap price to aid quick sale. |
Re: Government Expecting One Million MT Steel From $1.5 Billion Steel Plant by martineverest(m): 8:24am On Oct 20, 2020 |
useless People...they left Ajaokuta and aladja steel plants to rot |
Re: Government Expecting One Million MT Steel From $1.5 Billion Steel Plant by SmartMugu: 8:28am On Oct 20, 2020 |
I thought that was the purpose of the abandoned Ajaokuta Steel plant. |
Re: Government Expecting One Million MT Steel From $1.5 Billion Steel Plant by mustmust(m): 8:30am On Oct 20, 2020 |
CodeTemplar: Bro everyone knows that some initiatives are better in the private hands ,while the government bring out polices and create the competition environment to make the market competitive and more conducive. Its a win win bro |
Re: Government Expecting One Million MT Steel From $1.5 Billion Steel Plant by NafeesaAA(f): 8:32am On Oct 20, 2020 |
The Steel Plant is a private company not public, the iron ore is sourced from Kaduna. I don't know why any positive from the North brings so much distain, vile and open hatred . So Private Companies shouldn't invest in the North or what? This is one of the legacy of El Rufai, bringing in private investors to KD. We saw the Olam along Abuja Road, we saw the Rice Mills and the Peugeot/Dangote car assembly plant. Thabk you El Rufai Go back to your state governors and ask them what exactly are they doing 1 Like |
Re: Government Expecting One Million MT Steel From $1.5 Billion Steel Plant by blowjohn(m): 8:35am On Oct 20, 2020 |
Na today? Very useless administration. They love this kind if sensational news. Kind of opium for the masses. After this, nothing else. |
Re: Government Expecting One Million MT Steel From $1.5 Billion Steel Plant by SmartMugu: 8:35am On Oct 20, 2020 |
PhiliptheArab:It is private sector owned and the minister is talking about it? Who owns it? Why isn't she talking about the potentials of Dangote refinery since FG has no stake in it? |
Re: Government Expecting One Million MT Steel From $1.5 Billion Steel Plant by Nobody: 8:35am On Oct 20, 2020 |
clericuzzio: So what are your rich business leaders and your governors doing to attract more industries to your locality? |
Re: Government Expecting One Million MT Steel From $1.5 Billion Steel Plant by mmsen: 8:37am On Oct 20, 2020 |
thundafire: They can build a different steel mill for every day of the month, it makes no difference when the population is illiterate. They need to deal with that issue, which for some reason, they refuse to. |
Re: Government Expecting One Million MT Steel From $1.5 Billion Steel Plant by Nobody: 8:38am On Oct 20, 2020 |
SmartMugu: It is owned by an Indian company. Plus government has not only been singing about dangote , both the past and present government even helped him get loans from international lending agencies self. What is your governor and local government chairman done to attract more industries to your locality? 1 Like |
Re: Government Expecting One Million MT Steel From $1.5 Billion Steel Plant by obailala(m): 8:47am On Oct 20, 2020 |
clericuzzio:The so called steel plant is private owned and you complain the owners sited it in the north? How is it anyone's business where the owner chooses to site his business? This inter-ethnic hatred in Nigeria has really killed rational reasoning. |
Re: Government Expecting One Million MT Steel From $1.5 Billion Steel Plant by SmartMugu: 8:48am On Oct 20, 2020 |
PhiliptheArab:So the entire $1.5b came from the Indian company and FG is talking about the Indian's $1.5b investment? What attracted the insult about my governor or local government chairman? Is the minister of finance your state governor or who talked about any governor or local government chairman here? Must any question attract tribal or stereotypic insults from your end? Grow up bro. |
Re: Government Expecting One Million MT Steel From $1.5 Billion Steel Plant by Burruchaga71(m): 8:52am On Oct 20, 2020 |
It can only be in the Northern State, Ndiara everywhere. 1 Like |
Re: Government Expecting One Million MT Steel From $1.5 Billion Steel Plant by Nobody: 8:57am On Oct 20, 2020 |
SmartMugu: Because more jobs for Nigerians is in the government's interest. More stability for Nigeria and more taax and other income for the government....from the plant is in the government's interest. What attracted the insult about my governor or local government chairman? Is the minister of finance your state governor or who talked about any governor or local government chairman here? Must any question attract tribal or stereotypic insults from your end? Grow up bro. Because you seem so sour over the fact that a steel industry is being sited in the North, not in the south (and don't deny it please.) Besides, your state governor and mine too should be aggresively attracting investment so that we can have more jobs for all...which is by the way one of the greiviances of the youth. Infact, I can't understand why you are so upset about this steel plant. Me, whether it be sited in the North or in the South, so long as it benefits Nigeria I am happy. Infact it might make made in Nigeria cars much cheaper....especially as Innoson and other indigenous car companies might patronise this new plant. And by the way, Aajokuta is a disgrace, and thinking about that mess makes me upset and sad that no one has been held to account. |
Re: Government Expecting One Million MT Steel From $1.5 Billion Steel Plant by PromiseIb: 9:00am On Oct 20, 2020 |
postbox:these idiot neglect the Kogi and started a new one at kaduna |
Re: Government Expecting One Million MT Steel From $1.5 Billion Steel Plant by CodeTemplar: 9:01am On Oct 20, 2020 |
mustmust:What is private and what is govt? Same people in govt today will be private individuals tomorrow. 1 Like |
Re: Government Expecting One Million MT Steel From $1.5 Billion Steel Plant by Nobody: 9:03am On Oct 20, 2020 |
PromiseIb: THE steel complex in Kaduna state is a private sector concieved and driven project. Government has no hand or kobo in it. |
Re: Government Expecting One Million MT Steel From $1.5 Billion Steel Plant by Originalsly: 9:26am On Oct 20, 2020 |
mustmust: $1.5 B for steel plant to attract foreign auto companies? ... and that is a good one?... not to develop local auto industry... but attract established foreign ones? ... and you're saying this is a good move? How is Nigeria going to gain from that? What have we gained from foreign auto companies presently operating here? The US with a historically huge auto industry is no longer producing as much steel as before.... deindustrialization.... and here we are gambling that auto companies will come.... steel will attract them. Industrialization... do we have the basic infrastructure for industrialization?.... abundant supply of electricity and water?... let alone road network? How can we ever move forward by being sooo backward in our thinking? We have long past the Agricultural Age when countries got rich because of Agriculture.... sugar to be precise and the need for slaves... African slaves. The Industrial Age(Revolution) followed and that came to an end at the closing of the 20th century. This 21st century we have moved into the Digital Age ... but here we are going back to Industrialisation as the way forward. I hope the youths of #endsars protests remain united and vote all these grandfatherly politicians with their analog brains out of office. 1 Like |
Re: Government Expecting One Million MT Steel From $1.5 Billion Steel Plant by SmartMugu: 9:26am On Oct 20, 2020 |
PhiliptheArab:Please cite the part of my comment that indicated that im pained that the plant is located in the north. You made a comment that it is privately owned, which I didnt know and I asked why FG is interested in a privately owned company. If it is FG owned, I'd expect them to finish the ones they abandoned, but since you explained that it is owned by indians, then a private owner can choose to cite his business anywhere he wants. So, why these divisive comments. You know what, im done with u arguing over nothing. Bye. |
Re: Government Expecting One Million MT Steel From $1.5 Billion Steel Plant by Nobody: 9:29am On Oct 20, 2020 |
SmartMugu: Good luck |
Re: Government Expecting One Million MT Steel From $1.5 Billion Steel Plant by Liposure: 9:33am On Oct 20, 2020 |
Same old story |
Re: Government Expecting One Million MT Steel From $1.5 Billion Steel Plant by vRendoh(m): 9:42am On Oct 20, 2020 |
So the Govt is done with Itakpe and Ajaokuta and Aladja? Na wao! same story coming anyways. |
Re: Government Expecting One Million MT Steel From $1.5 Billion Steel Plant by Masterchef(m): 10:06am On Oct 20, 2020 |
In an era where China has been over-producing steel, a $1.5b investment in steel production in Nigeria with the unfavourable busines climate, lack of power coupled with insecurity is suspicious. The figure appears to be highly over inflated and points to money laundering 1 Like |
Re: Government Expecting One Million MT Steel From $1.5 Billion Steel Plant by tonyson010(m): 10:28am On Oct 20, 2020 |
postbox: Complete it and keep it functional for 4months, then we start believing. As of now, this is just another waste. |
Re: Government Expecting One Million MT Steel From $1.5 Billion Steel Plant by rafindo(m): 10:41am On Oct 20, 2020 |
new2012:. Pls try and read properly .the news was not that long. It a private company investment. Because I know who works there. 1 Like |
Re: Government Expecting One Million MT Steel From $1.5 Billion Steel Plant by rafindo(m): 10:48am On Oct 20, 2020 |
Masterchef:. Just talk what you know. AIG is an Indian runned company with a very high production output. 1 Like 1 Share |
Re: Government Expecting One Million MT Steel From $1.5 Billion Steel Plant by Ronaldinho10(m): 11:08am On Oct 20, 2020 |
“No one is to blame for your future situation but yourself. If you want to be successful, then become “Successful. |
Re: Government Expecting One Million MT Steel From $1.5 Billion Steel Plant by themanderon: 11:10am On Oct 20, 2020 |
Building white elephant projects while the previous ones have refused to work. pouring good money down the drain yet going cap in hand to beg for loans from China. |
Re: Government Expecting One Million MT Steel From $1.5 Billion Steel Plant by Happyguy201: 11:30am On Oct 20, 2020 |
SmartOkoro: You are very stupid . Fuckinng scammer |
Re: Government Expecting One Million MT Steel From $1.5 Billion Steel Plant by Masterchef(m): 11:38am On Oct 20, 2020 |
rafindo: So Indian-run companies don't launder money? With their so called high production output, don't they pay Nigerian graduates N80/100k per month and employ more Indians than necessary to run basic induction and arc furnaces? And why are these ministers not saying anything definite about Ajaokuta Steel? 1 Like |
Why I Was Removed As Lagos Governor-ambode / Shettima: Petrol Subsidy, Multiple Exchange Rates Were Producing Billionaires / Enugu Brt To Be Run By Nigeria Made Buses!
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 66 |