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Home Government FG to Revitalize NIOMCO, as Ajaokuta Steel Begins Operation Soon – Minister
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FG to Revitalize NIOMCO, as Ajaokuta Steel Begins Operation Soon – Minister

By
Timothy Akpoili
-
November 1, 2019

FG to Revitalize NIOMCO, as Ajaokuta Steel Begins Operation Soon – Minister

The Federal Government has reiterated its determination  to make  the National Iron  Ore Mining Company (NIOMCO) and Ajaokuta Steel Company Limited to work again,  saying that the two companies are too key to  the nation’s quest for  industrial development to be left in the hands of individuals or vested interest.

The Minister of Mines and Steel Development, Arc. Olamilekan  Adegbite, stated this when he paid a working visit to the National Iron Ore Mining Company, Itakpe, Kogi State, on Thursday, October 31, 2019.

The Minister, who was accompanied by

the Minister of State, Dr. Uchechukwu Samson Ogah, and Kogi State Governor, Alhaji Yahaya Bello, said government  is putting mechanism in place that would help to  overcome all hurdles that may arise to jeopardize the process of revitalizing the companies.

“The Iron Ore Mining Company is very important to Ajaokuta Steel, which is why the so-called concession agreement doesn’t make sense.”

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“If you place Itakpe, which is source of raw materials to Ajaokuta in a private hand, and you want Ajaokuta to function, then we are wasting our time. If Itakpe does not function, Ajaokuta is going to be empty soul. That is why government must make Itakpe to function, “ the Minister said.

Speaking further, he allayed fears expressed in some quarters on legal issues of taking over Ajaokuta Steel, saying that government is prepared. He said government must have control of both companies and make them to function, noting that it will enhance employment generation drive of this administration and other economic multiplier effects that will benefit all Nigerians.

Also speaking, Governor Yahaya Bello expressed gratitude to President Muhammadu Buhari for the renewed efforts towards making the two companies to come alive. He called on the Federal Government to do everything  possible to revitalize the companies, saying that with the tempo of efforts, the two companies can begin full operations in the next two years.

Timothy Akpoili

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Troops Eliminate 2 ISWAP Senior Commanders, Other Terrorists in BornoDangote Refinery Deploys 4,000 CNG Trucks, Promises 24,000 Jobs as Fuel Queues EndPower Outage: Police Broker Peace Between AKTH, DisCos in KanoIGP Appoints SP Adebisi as Lagos Police PROBauchi Forum Condemns ATBU's Plan to Close FacultiesCourt Rejects Nnamdi Kanu’s Request for Transfer to National HospitalResident Doctors Commences Indefinite Strike in FCTTroops Foil Multiple Terrorist Attacks, Rescue Kidnap Victims in Zamfara, Kebbi, KatsinaTroops Repel Bandit Ambush in Katsina as Four Farmers Abducted in ZamfaraTroops Recover Arms in Plateau, Intercept Drug-Laden Vehicle in TarabaBook Review: Is This the Cure? A Look into Healing Nigeria By Hanniel NobohBook Review: Reshaping Diplomacy Through Digital Innovation – A Gen-Z Outlook By Bilkisu Ahmed ShekarauBook Review: Renewed Hope in Central Banking – A Blueprint for Nigeria’s Economic Future By Khadijah Lawan MuhammadRenewed Hope in Hajj Operations: NAHCON Records Milestone Achievements Under Tinubu AdministrationSHAKE-UP: FRSC Redeploys Senior Officers to Bolster Operations Nationwide
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