Nigeria secures deal with Russian company to revamp Ajaokuta Steel Plant

Nigeria secures deal with Russian company to revamp Ajaokuta Steel Plant …C0NTINUE READING HERE >>>

The Federal Government of Nigeria has secured a deal with the builders of the Ajaokuta Steel Plant, Messrs Tyazhpromexport, for the rehabilitation, completion and operation of the plant, and the National Iron Ore Mining Company, NIOMCO.

The Minister of Steel Development, Shuaibu Audu, signed the Memorandum of Understanding on behalf of the Nigerian government in Moscow, Russia, a statement by the ministry’s spokesperson, Salamotu Jibaniya, stated on Friday.

According to her, the MOU was…

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