Weeks after the Administrative Panel of Inquiry on the sale and concession of some steel companies and the Iron Ore Mining Company, Itakpe, Kogi State, submitted its report, government appears ...
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WhatsApp: +86 18203695377The worst of it all, they bought Delta Steel outrightly that is about 80% at 30million, Obasanjo sold it to them. Meanwhile there was a Nigeria entrepreneur who emerged as the preferred bidder ...
WhatsApp: +86 18203695377Minister for Power and Steel, Senator Liyel Imoke, yesterday said government has successfully completed the divestment of its stakes in the sector, having transferred management of the former ...
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WhatsApp: +86 18203695377PRESIDENT Goodluck Jonathan on August 5 inaugurated a council to look into public companies acquired but mismanaged by private investors.
WhatsApp: +86 18203695377Daily Trust (Abuja) Privatisation in Nigeria is currently enmeshed in a plethora of discontentment which includes massive job losses. Many of the sold companies have collapsed, while others are ...
WhatsApp: +86 18203695377Nigeria currently produce only 240,000 tonnes of paper locally, which is a far cry from the country's annual need of 3 million metric tonnes per year. Ibrahim, who was represented by a Director at ...
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WhatsApp: +86 18203695377The company, located at Aladja, Delta state, was reportedly approved for sale by the Bureau of Public Enterprises in 2005 to Global Steel, through privatisation at 80% equity holding of the company to the new buyer.
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WhatsApp: +86 18203695377According to data from the Nigeria Interbank Settlement System (NIBSS), as of May last year, there are million dormant bank accounts. Businessday estimates put the funds in Nigeria's dormant accounts at over N500 billion. Outstanding unclaimed dividends on the other hand is estimated at N158 billion, this means that the total amount of ...
WhatsApp: +86 18203695377Abuja — Government on 15 November privatised the steel rolling mill located in Katsina. The Katsina State Government won the bid to acquire the mill through its Investment and Property ...
WhatsApp: +86 18203695377Press Release The Federal Government has commissioned a N60bn integrated steel mill in Shagamu, Ogun State, as part of productive activities thrown up by the sectoral implementation of the ...
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WhatsApp: +86 18203695377Government has said the privatisation of public investments in the steel sector would accelerate economic growth through generation of additional values across sectors.
WhatsApp: +86 18203695377Federal Government said yesterday it has so far expended 10 billion in building the steel sector of the economy. Nigeria: Steel Sector FG Invests 10bn Search
WhatsApp: +86 18203695377The Iron and Steel Senior Staff Association of Nigeria (ISSSAN) and the Steel and Engineering Workers Union of Nigeria (SEWUN) have called on the Federal Government not to entertain ...
WhatsApp: +86 18203695377The Bureau of Public Enterprises (BPE) at the weekend advanced reasons for the decision of the Federal Governemnt to privatise the Delta Steel Company (DSC) Aladja and the entire steel sector of ...
WhatsApp: +86 18203695377Acting governor of Sokoto State, Alhaji Abdullahi Balarabe Salame has appealed to the Federal Ministry of Mines and Steel Development to facilitate the establishment of the proposed Steel Rolling ...
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