Senate probes alleged payment of $496m to revive Ajaokuta Steel Company

The Senate on Tuesday constituted a 10-member ad hoc committee to ascertain the reasons behind the moribund state of the Ajaokuta Steel Company and the National Ore Mining Company (NIOMCO) despite the alleged payment of $496 million to contractors between 2008 and now. The Deputy Senate President, Barau Jibrin, who presided over the plenary announced … Read more