The Minister of Steel Development, Mr. Shuaibu Audu, on Wednesday, revealed that the technical audit on the Ajaokuta Steel Company Limited will start early February.
Recall that the Federal Government signed a Memorandum of Understanding in September 2024 with the original builders of the Ajaokuta Steel Plant, Tyazhpromexport, and their consortium members, Novostal M and Proforce Manufacturing Limited, to conduct the technical audit.
The audit will lay the foundation for the rehabilitation, completion, and operation of the steel plant and the National Iron Ore Mining Company in Kogi State, Nigeria.
The minister, while appearing before the National Assembly Joint Committee on Steel Development to defend the ministry’s 2024 budget and the 2025 Appropriation, reassured the committee and urged for patience.
Senator Natasha Akpoti-Uduaghan, a member of the joint panel and…
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