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Home»News»FG Tackles Atiku Over Ajaokuta Steel Comments
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FG Tackles Atiku Over Ajaokuta Steel Comments

meridianspyBy meridianspyJanuary 27, 2023No Comments3 Mins Read
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The federal government has taken a swipe at the presidential candidate of the Peoples Democratic Party (PDP) Atiku Abubakar for promising to resolve all the challenges that have stalled the completion of the Ajaokuta Steel Plant in Kogi State.

Atiku who was vice president under the administration of former President Olusegun Obasanjo had promised to resolve the problems facing the Ajaokuta Steel Company if elected as president.

Addressing a press briefing in Abuja at the 19th Edition of the ‘’PMB Administration Scorecard Series (2015-2023)’’ yesterday, the minister of information and culture, Alhaji Lai Mohammed, said Atiku was part of the problem that stifled the development of Ajaokuta which the Muhammadu Buhari administration has virtually resolved.

He said, “This is a deceitful statement borne out of desperation for power. A little bit of background will show that the former vice president was deceiving Nigerians when he made that promise.

“Ajaokuta was concessioned to Global Steel Industry in 2004 by the regime of then President Olusegun Obasanjo. Who was in charge of that administration’s privatization programme? Alhaji Atiku Abubakar. That concession that turned out to be a mess was terminated by another PDP administration,” he said.

Following the failed concession, Mohammed said the concessionaire, Global Steel Industry, took Nigeria to court, asking for $7 billion, and that case lingered for 12 years until the administration of President Muhammadu Buhari stepped in and the company finally settled for $496 million.
Federal government has taken a swipe at the presidential candidate of the Peoples Democratic Party (PDP) Atiku Abubakar for promising to resolve all the challenges that have stalled the completion of the Ajaokuta Steel Plant in Kogi State.

READ ALSO  Police debunk viral ‘bandits in Ogun forest’ video

Atiku who was vice president under the administration of former President Olusegun Obasanjo had promised to resolve the problems facing the Ajaokuta Steel Company if elected as president.

Addressing a press briefing in Abuja at the 19th Edition of the ‘’PMB Administration Scorecard Series (2015-2023)’’ yesterday, the minister of information and culture, Alhaji Lai Mohammed, said Atiku was part of the problem that stifled the development of Ajaokuta which the Muhammadu Buhari administration has virtually resolved.

He said, “This is a deceitful statement borne out of desperation for power. A little bit of background will show that the former vice president was deceiving Nigerians when he made that promise.

“Ajaokuta was concessioned to Global Steel Industry in 2004 by the regime of then President Olusegun Obasanjo. Who was in charge of that administration’s privatization programme? Alhaji Atiku Abubakar. That concession that turned out to be a mess was terminated by another PDP administration,” he said.

Following the failed concession, Mohammed said the concessionaire, Global Steel Industry, took Nigeria to court, asking for $7 billion, and that case lingered for 12 years until the administration of President Muhammadu Buhari stepped in and the company finally settled for $496 million.

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