Ajaokuta Steel Aborted Concession Cost FG $496m – Lai Mohammed

Ajaokuta Steel Aborted Concession Cost FG 6m – Lai Mohammed

The federal government of Nigeria said it paid $446m out of the $496m settlement claim to Global Steel Holdings Limited following the termination of a contract to resuscitate the Ajaokuta Steel Company. This was disclosed by the Minister of Information and Culture, Lai Mohammed in Abuja during the 19th edition of President Muhammadu Buhari’s Administration … Read more