• Home
  • Anti-Corruption
  • Fact-Check
  • Economy
  • National
  • Security
  • Features
  • State
  • Event
  • E-Book
Search
  • Home
  • About
  • Adverts
  • Contact
Sign in
Welcome! Log into your account
Forgot your password? Get help
Password recovery
Recover your password
A password will be e-mailed to you.
PRNIGERIA PRNigeria News
PRNIGERIA PRNIGERIA
  • Home
  • Anti-Corruption
  • Fact-Check
  • Economy
  • National
  • Security
  • Features
  • State
  • Event
  • E-Book
Home Government FG to Revitalize NIOMCO, as Ajaokuta Steel Begins Operation Soon – Minister
  • Government

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.”

Read Also:

  • Troops Eliminate Armed Criminal in Benue, Nab Gunman at Nasarawa Market
  • Army Begins Disciplinary Action Against Soldier Over Ondo Driver’s Death
  • Senator Dickson Breaks Silence: Rejects Defection to APC, Backs Amupitan for INEC Chair

“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

AD (Press)

For: Director (Press)

VISIT OUR OTHER WEBSITES
PRNigeria.com EconomicConfidential.com PRNigeria.com/Hausa/
EmergencyDigest.com PoliticsDigest.ng TechDigest.ng
HealthDigest.ng SpokesPersonsdigest.com TeensDigest.ng
ArewaAgenda.com Hausa.ArewaAgenda.com YAShuaib.com
  • TAGS
  • Ajaokuta Steel Company
  • NIOMCO
  • Timothy Akpoili
Previous articleSamson Itodo Joins Emerging Leaders at Global Leadership Programme
Next articleNigerian Army Denies Report on Operation Positive Identification Nationwide
Timothy Akpoili
Timothy Akpoili
Facebook Instagram Linkedin Twitter

RELATED ARTICLESMORE FROM AUTHOR

Senator Dickson Breaks Silence: Rejects Defection to APC, Backs Amupitan for INEC Chair

ASUU

NANS Issues 7-Day Ultimatum to FG, ASUU to End Dispute or Face Action

FG Moves to Deepen Climate-Smart Policies, Partnerships Across Africa

U.S. Army War College Inducts Late Lagbaja into International Hall of Fame

Ex-NSA Sambo Dasuki

Court Dismisses DSS Bid to Reintroduce Rejected Evidence Against Sambo Dasuki

ICPC, EFCC, CCB Partner on Commonwealth Anti-Corruption Research Initiative

Kwara Gov’t Disburses N180 Million to Families of Fallen Forest Guards, Vigilantes, Community Fighters

Trump Arrives in Israel Ahead of Egypt Summit on Gaza Peace Efforts

Information Minister Congratulates Danlami Nmodu on Election as GOCOP President

African body, experts urge leaders to step up countries’ health financing

Atiku Abubakar and president Bola Ahmed Tinubu

Tinubu’s Presidential Pardon Encourages Criminality, Erodes Justice – Atiku

Minister of Works, Sen. David Umahi

Rufai vs Umahi: “Were Lanfi Wo Were” When Ego Overshadows Professionalism By Haroon Aremu

Recent Posts

  • Troops Eliminate Armed Criminal in Benue, Nab Gunman at Nasarawa Market
  • Army Begins Disciplinary Action Against Soldier Over Ondo Driver’s Death
  • Senator Dickson Breaks Silence: Rejects Defection to APC, Backs Amupitan for INEC Chair
  • ECOWAS Anti-Corruption Network Re-Elects EFCC Chair Olukoyede, Adopts New Guidelines
  • NANS Issues 7-Day Ultimatum to FG, ASUU to End Dispute or Face Action
  • Home
  • About
  • Adverts
  • Contact
© 2020 PRNigeria. All Rights Reserved.
Latest News
Troops Eliminate Armed Criminal in Benue, Nab Gunman at Nasarawa MarketArmy Begins Disciplinary Action Against Soldier Over Ondo Driver’s DeathSenator Dickson Breaks Silence: Rejects Defection to APC, Backs Amupitan for INEC ChairECOWAS Anti-Corruption Network Re-Elects EFCC Chair Olukoyede, Adopts New GuidelinesNANS Issues 7-Day Ultimatum to FG, ASUU to End Dispute or Face ActionAgain, Army Eliminates Bandits, Rescues 9 Abducted Victims in KwaraNAF Decorates 64 Senior Officers Promoted to Group CaptainAbuja's Real Estate: The Math Is Not Mathing By Hawwah A GamboBoko Haram: FG Commends Borno People for Overcoming Decade-Long ChallengesMarwa Urges Global Unity to Dismantle Criminal Drug Networks at UN SessionDSS Nabs Two Dismissed Officers for Impersonation, Defrauding NigeriansCustoms Tasks New Comptrollers on Discipline, InnovationRivers Police Arrest Two Kidnappers Who Lured Victim Through Dating SiteBusiness Mogul and Philanthropist Alhaji Ali Akinyele Dies at 78Troops Foil Drug Trafficking in Nasarawa as Suspect Flees, Abandons Vehicle
X whatsapp