Ajaokuta steel company will be revived-Gov Bello

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Yahaya-Bello of Kogi State

The Executive Governor of Kogi State, Alhaji Yahaya Bello, has assured the management team of the Ajaokuta Steel Company Limited and all the people of Kogi State that during his administration, the revival of the steel company would be concluded.

The governor said this while receiving the team, who visited him at his office in Government House, Lokoja. He said he was taking the issue of natural resources very seriously and would make concrete demands of President Muhammadu Buhari and the Federal Minister for Mineral Resources, Dr. Kayode Fayemi, as it concerns the steel complex.

“I will go to Mr. President with practical solutions to the problems,” Governor Bello said. “I want to let him know all that is involved, who started it, where it is now, what is required to complete it, who should complete it, how funds can be sourced to complete it. I want to tell him everything needed and I will follow up on the matter until that place is up and running.”

Governor Bello praised the management team for keeping the place up since they were put in office. He said he would visit the facility himself within a week for an on-the-spot assessment.

The leader of the management team and Sole Administrator of the steel company, Engr. Isah Joseph, said there are 43 different companies within the facility. He said some of the companies could be put to productive use within a few months and that the plant be brought on stream with $500m.

“40 of the companies are 100% completed and can be put into operation in a few months. The greatest obstacle, and that is why the Russians who built the place left in 1994, is that of external infrastructure. They got the place to 98% completion and they kept asking the federal government, ‘How are we …Read More

Source:: PM Newspaper