Close Menu
  • Home
  • News
  • Politics
  • Health
  • Business
  • Education
  • Opinion
  • Lifestyle
  • Entertainment
Facebook X (Twitter) Instagram
The Meridian Spy
  • Home
  • News
  • Politics
  • Health
  • Business
  • Education
  • Opinion
  • Lifestyle
  • Entertainment
The Meridian Spy
Home»News»FG Tackles Atiku Over Ajaokuta Steel Comments
News

FG Tackles Atiku Over Ajaokuta Steel Comments

meridianspyBy meridianspyJanuary 27, 2023No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email
Share
    

Share!

  • Share
  • Tweet

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  Obi, Kwankwaso lead NDC’s battle against deregistration

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.

Share this:

  • Share on WhatsApp (Opens in new window) WhatsApp
  • Tweet

Related posts:

  1. You Had 8 Years To Diversify Nigeria’s Economy – APC Lashes Out At Atiku
  2. Atiku Extends Congratulations As Obaseki Formally Joins PDP
  3. You Can’t Ask Buhari For Apology After PDP’s Many Wasted Loans, APC Replies Atiku
  4. Atiku, PDP’s Comments On Fuel Subsidy Removal, Height Of Hypocrisy – APC
READ ALSO  Atiku Alleges Fresh Plot to Exclude ADC from 2027 Elections
Atiku Abubakar PDP
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
meridianspy

Related Posts

High Court Gives INEC 72 Hours to Register ADA

June 30, 2026

Onyeka Completes Permanent Move to Coventry City

June 30, 2026

NDLEA arms officers with AK-47s to fight drug cartels

June 29, 2026
Search
Recent Posts
  • High Court Gives INEC 72 Hours to Register ADA
  • Onyeka Completes Permanent Move to Coventry City
  • NDLEA arms officers with AK-47s to fight drug cartels
  • 281 million depositors insured against bank failure, NDIC says
  • CAS Tasks Military Leaders on Strategic Thinking, Synergy
  • FG Approves Historic NYSC Reform, Introduces Tech-Driven Mobilisation, Skills-Based Service
  • Pi-CNG Begins Nationwide EV Charging Infrastructure Rollout After One Year of Expansion
  • FCCPC Denies Approving 48 New Loan Apps, Debunks Report Claiming 505 Licensed Digital Lenders
  • 𝐅𝐆 𝐃𝐢𝐫𝐞𝐜𝐭𝐬 𝐏𝐞𝐭𝐫𝐨𝐥𝐞𝐮𝐦 𝐌𝐚𝐫𝐤𝐞𝐭𝐞𝐫𝐬 𝐭𝐨 𝐑𝐞𝐝𝐮𝐜𝐞 𝐏𝐌𝐒 𝐏𝐫𝐢𝐜𝐞𝐬 𝐚𝐬 𝐆𝐥𝐨𝐛𝐚𝐥 𝐎𝐢𝐥 𝐏𝐫𝐢𝐜𝐞𝐬 𝐃𝐞𝐜𝐥𝐢𝐧𝐞
  • Obi, Kwankwaso lead NDC’s battle against deregistration
  • Reframing the Conversation: Why Akara, Corn and Kulikuli Matter
  • Atiku Alleges Fresh Plot to Exclude ADC from 2027 Elections
  • Kwara Governor Sacks Deputy Chief of Staff, Special Advisers, PPS
  • Resident doctors issue four-week ultimatum to FG over unpaid allowances
  • Oshiomhole backs proposed death penalty for kidnappers, bandits in Edo
Categories
  • Business
  • Education
  • Entertainment
  • Foreign
  • Health
  • Investigations
  • Lifestyle
  • News
  • Opinion
  • Politics
  • Sport
Access Bank DiamondXtra Season 16 Rewards
  • About us
  • Contact Us
  • News
  • Politics
  • Health
© 2026 All Right Reserved. Designed by Techjuno

Type above and press Enter to search. Press Esc to cancel.