Ajaokuta roadmap implementation will create 500,000 jobs – FG


The Federal Government through the Ministry of Steel Development is considering a concession process for the moribund Ajaokuta Steel Company as part of efforts to hasten its revival.

It also hinted at a three-year ultimatum to kick-start operations and production of steel in line with a directive from President Bola Tinubu.

The Minister of Steel Development, Shuaibu Audu, disclosed this during an interaction with journalists on Friday in Abuja.

This comes barely a year after a High Court in Kogi State restrained the government from a planned concession of the Ajaokuta Steel Company Limited and the National Iron Ore Mining Company at Itakpe

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