An indigenous oil and Gas Company, LNG Arete Ltd. on Tuesday announced its development of a state-of-the-art mini Liquefied Natural Gas (LNG) facility in Ajaokuta, Kogi. The Project Director, LNG Arete Ltd., Hajara Pitan, said in a statement that the…
The Federal Government is to raise about N35 billion for the Ajaokuta Light Steel mill through the local financial market. Mr Shuaibu Audu, Minister of Steel Development, disclosed this to State House Correspondents after a meeting with President Bola Tinubu…
The Nigerian Government’s plan to concession the Ajaokuta Steel Company may soon be realised as the final $50million payment to complete the $496million settlement is to be paid next month. Minister of Information, Lai Mohammed, disclosed this in a statement…
Nigerians have been advised to be wary of a recent campaign promise by the presidential candidate of the Peoples Democratic Party (PDP), Alhaji Atiku Abubakar, on the Ajaokuta Steel Company. Giving this advice in a press statement in Abuja, the…
The Minister of Mines and Steel Development, Mr Olamilekan Adegbite, says 11 companies are presently involved in the concession bid for Ajaokuta Steel Company. Adegbite made this known on Thursday in Abuja at the presentation of the achievement of his…
The Federal Government of Nigeria has settled the long-standing contractual dispute with a foreign investor group in the steel space of $5.258 billion for $496m, Attorney General of the Federation and Minister of Justice, Abubakar Malami, SAN has said. This…
Nigerian Gas Marketing Company, a subsidiary of the Nigerian National Petroleum Corporation, has, in partnership with Transit Gas Nigeria Limited, signed the Engineering, Procurement, Construction and Commissioning contract for the building of a small-scale liquefied natural gas plant in Ajaokuta,…
