The Federal Government has mocked the Presidential candidate of the Peoples Democratic Party (PDP), Alhaji Atiku Abubakar, for promising to resolve the challenges facing Ajaokuta Steel Company.
[FILES] Atiku Abubakar speaks at the Lagos Business School 2022 Alumnia Day. Photo: Twitter/Atiku AbubakarAtiku was said to have made the promise about two weeks ago during his campaign stop in Kogi State.
He alleged that Atiku was only deceiving Nigerians when he made that promise as according, Ajaokuta was concessioned to Global Steel Industry in 2004 by the regime of then President Olusegun Obasanjo of which Atiku was in charge of the privatization programme. “Out of the amount, we made a bulk payment of $250 million and agreed to pay the balance in five instalments. To date, we have paid a total of $446 million out of the $496 million. We will make the last payment of $50 million next month and Ajaokuta will revert fully to us, ending the shameful and failed concession by the Administration in which Alhaji Atiku Abubakar served as the VP.”
“The Minister of Mines and Steel Development, who was here last month, assured that before this administration leaves office, Ajaokuta will be“What I am saying, in essence, is that the problems facing Ajaokuta were the poorly-thought-out and poorly-executed concession by the regime in which Alhaji Atiku was Vice President, and a regime under which he presided over the failed privatization programme.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Atiku deceitful on his promise to resolve Ajaokuta Steel’ problem – FGThe Federal Government says the solution to the problems facing Ajaokuta Steel Company does not lie in the hands of former Vice President Atiku Abubakar,
Read more »
FG Lashes Atiku over Failed Concessioning of Ajaokuta Steel Company – THISDAYLIVE
Read more »
Atiku deceitful on his promise to resolve Ajaokuta Steel problem – Nigerian govt'If the former vice president had any solution to the Ajaokuta challenge, and he didn’t execute it in 2004, why should Nigerians trust him to do so in 2023, almost 20 years later?'
Read more »
Federal Govt Faults Atiku Over Ajaokuta Steel CommentsFederal government has taken a swipe at the presidential candidate of the Peoples Democratic Party (PDP) Atiku Abubakar for promising to resolve all the
Read more »
Cop gets commendation for professionalism, friendliness to public | The Guardian Nigeria News - Nigeria and World NewsThe Nigeria Police Force (NPF) has commended a female police officer, Inspector Justina Rita Omogbai, attached to the Traffic Unit of the Sabo Divisional Headquarters in Lagos State, for her commitment and acts of professionalism displayed...
Read more »
Senate suspends plenary till Feb. 28 | The Guardian Nigeria News - Nigeria and World NewsThe Senate on Wednesday, suspended plenary to enable the lawmakers to participate in campaigns for the general elections. President of the Senate, Dr Ahmad Lawan made the announcement at plenary. Lawan said the senate would start its recess today (Wednesday) to enable senators to participate fully in the campaigns for their return or for their […]
Read more »