It will attract automobile industry in Nigeria with poor electricity...

Shey na generator dem one use

thundafire:
Then the Ajaokuta steel,it will be like a monument in kogi. Nigeria is a country of misplaced priority,they Northerners are systematically building things in the North, so that they will be in a position to benefit greatly in the event of a break up or true federalism.

Ajaokuta will be donated to nollywood for action film scenes.

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.

useless People...they left Ajaokuta and aladja steel plants to rot

I thought that was the purpose of the abandoned Ajaokuta Steel plant.

CodeTemplar:
While the govt owned ones cannot run right?
Only a devil in disguise will celebrate the failure of govt to revive their own but praise them for the success of private alternative.

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

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

Na today?
Very useless administration.
They love this kind if sensational news. Kind of opium for the masses.
After this, nothing else.

PhiliptheArab:


This steel plant is private sector concieved and owned and sited in the heavily Christian south of kaduna state.

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?

clericuzzio:


There's nothing you won't give up to for this. Govt. All industries sited in the north. Other regions don't need industrialisation abi

So what are your rich business leaders and your governors doing to attract more industries to your locality?

thundafire:
Then the Ajaokuta steel,it will be like a monument in kogi. Nigeria is a country of misplaced priority,they Northerners are systematically building things in the North, so that they will be in a position to benefit greatly in the event of a break up or true federalism.

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.

SmartMugu:

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?

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?

clericuzzio:


There's nothing you won't give up to for this. Govt. All industries sited in the north. Other regions don't need industrialisation abi

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.

PhiliptheArab:


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?

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.

It can only be in the Northern State, Ndiara everywhere.

SmartMugu:

So the entire $1.5b came from the Indian company and FG is talking about the Indian's $1.5b investment?

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.

postbox:

https://brandspurng.com/2020/10/19/govt-expecting-one-million-mt-steel-from-1-5bn-steel-plant/

these idiot neglect the Kogi and started a new one at kaduna

mustmust:


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

What is private and what is govt? Same people in govt today will be private individuals tomorrow.

PromiseIb:
these idiot neglect the Kogi and started a new one at kaduna

THE steel complex in Kaduna state is a private sector concieved and driven project. Government has no hand or kobo in it.

mustmust:


Well I must give it to the government on this one. If properly harnessed it will bring about industrial development but data is going to be the basis for the next industrial revolution so govt need to up its game

$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.

PhiliptheArab:


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.



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.

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.

SmartMugu:

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.

Good luck

Same old story

So the Govt is done with Itakpe and Ajaokuta and Aladja? Na wao! same story coming anyways.

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

postbox:

https://brandspurng.com/2020/10/19/govt-expecting-one-million-mt-steel-from-1-5bn-steel-plant/

Complete it and keep it functional for 4months, then we start believing.

As of now, this is just another waste.

new2012:
That's how Ajaokuta and Alaska were poorly thought of.. why not fix the existing rather than build a new one?

Well, they can as well build new refineries in Katsina and Jigawa maybe

.

Pls try and read properly .the news was not that long.

It a private company investment.
Because I know who works there.

Masterchef:
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

.

Just talk what you know. AIG is an Indian runned company with a very high production output.

“No one is to blame for your future situation but yourself. If you want to be successful, then become “Successful.

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.

SmartOkoro:
Kai


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rafindo:
.

Just talk what you know. AIG is an Indian runned company with a very high production output.

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?