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Ajaokuta: N3tn funding gap, import cabal frustrating revival, Minister says

Summary by ThisNigeria
The Minister of Steel Development, Shuaibu Abubakar Audu, has blamed inadequate funding and powerful interests benefiting from steel imports for the prolonged failure to revive the Ajaokuta Steel Complex in Kogi State.   Audu said about N3 trillion would be required to restore the abandoned complex, adding that the Federal Government was therefore seeking private … The post Ajaokuta: N3tn funding gap, import cabal frustrating revival, Minister s…
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ThisNigeria broke the news on Sunday, August 30, 2026.
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