• Why FG will not touch Ajaokuta now – Fayemi explains

    Why FG will not touch Ajaokuta now – Fayemi explains

    Dr Kayode Fayemi, the Minister of Solid Minerals Development, says the Federal Government will not touch the Ajaokuta Steel Company until all legal issues are resolved.

    Fayemi made the disclosure at the News Agency of Nigeria (NAN) Forum in Abuja.

    He said that there was a pending case between the Federal Government and a foreign investor, called the Global Infrastructure Holdings Limited (GIHL), which claimed that steel plant was concessioned to it 2003.

    β€œFor us, Ajaokuta is priority but nobody is going to […]