FG secures $1.45bn fund to complete Ajaokuta steel complex


In her renewed determination to diversify sources of income and create employment, the Federal Government has secured a $1.45 billion funding to finally complete Ajaokuta Steel Complex.

Already, the Federal Minister of Justice has been mandated to study all previous agreements that could serve as an encumbrance to the realisation of the project and resolve them once and for all.

Minister of Solid Minerals Development, Olamilekan Adegbite, who disclosed these facts at the weekend in Abuja said that Ministry of Finance, Budget and National Planning, which was also represented on the team set up by President Muhammadu Buhari was looking at some of the figures.

According to him, the…

Source: Nigerian Tribune