Categories: Economy

FG Has Resolved Legal Issues At Ajaokuta Steel Company – Osinbajo

Vice President Yemi Osinbajo has said that the Federal Government has resolved all legal issues that have halted operations at the Ajaokuta Steel Company.

He made this known in Kogi State on Tuesday during the State Economic and Investment Summit in 2018.

Work seems to have been grounded in the national steel company that has gulped billions of naira by successive administrations since Nigeria returned to democracy in 1999.

“We have now resolved the legal issues holding down work in Ajaokuta at the Ajaokuta steel complex, just as the Honourable Minister has said,” Professor Osinbajo told the audience at the summit.

He is of the view that Kogi plays a strategic role in the country for being the largest producer of cashew and also in rice production in the country.

The Vice President further commended the state governor, Mr Yahaya Bello, for bringing out a 30-year long-term development plan.

He reiterated the support of the Federal Government to the state as he highlights some of the state’s roles in the central region of the country.

“Our recognition of Kogi is not misplaced – your host to the biggest steel industry in Nigeria, the Ajaokuta Steel Company, and one of the largest cement factories in Africa, the Dangote Cement Company in Obajana, and also the highly prolific Jakura marble factory,” said Osinbajo.

In his earlier remarks, the Minister of Solid Minerals Development, Dr Kayode Fayemi, explained why people perceive work had been abandoned at the Ajaokuta Steel Company.

Recent Posts

EFCC Files Amended Charges Against Ex-Kogi Gov Bello Over Alleged N100bn Diversion

An amended charge has been filed by the Economic and Financial Crimes Commission (EFCC) against…

9 mins ago

Osun Defender History Corner: March 15 In Focus

Today, on the history corner, we take a trip in the realm of flashbacks and…

17 mins ago

Court Remands Man Over Alleged N625k Theft, Threat To Kill His Mother

A Chief Magistrates’ Court in Abakaliki, Ebonyi State capital, on Friday ordered that a 35-year-old…

21 mins ago

Tinubu Calls For Collaborative Effort To Fix Nigeria’s Economic Challenges

President Bola Tinubu has called for collaboration with state governors to fix the nation's economic…

55 mins ago

Late Olubadan, Oba Lekan Balogun: Biography, Cause Of Death, Real Age, Family, Education, Net Worth & More

Indigenes and residents of Ibadan and thousands of Yoruba in home and abroad have begun…

3 hours ago

Damaged Submarine Cables In West Africa Distrupts Nigerian Banking Service

The recent service disruptions experienced by Banks in Nigeria have been traced to damaged submarine…

3 hours ago

This website uses cookies.