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Home Business News

Ajaokuta was mainly designed to build aeroplanes, car engine parts, others

Abiola Odutola by Abiola Odutola
July 21, 2021
in Business News, Spotlight
30,000 job loss recorded in steel sector , Russian company, MetProm Group, identifies problem of Ajaokuta Steel , Ajaokuta Steel capable of creating not less than 600,000 jobs – NIMMME boss 
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The Ministry of Mines and Steel Development has said that if the Ajaokuta Steel Company starts operation (optimally) it will produce liquid steel, which is used to build engine parts of aeroplane and cars among others.

This was disclosed by the Minister of Mines and Steel Development, Olamilekan Adegbite.

He said, “It was designed to produce liquid steel and that can be used for building aeroplane and car engine parts, among others.

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READ: Why Ajaokuta Cannot Make Steel

Ajaokuta Steel Company has not been able to produce liquid steel since it was built –the little hurdles we need to address.

The steel company has worked in the past whereby billet was imported to produce reinforcement but that was not what Ajaokuta steel was built for.”

The Minister was optimistic that Ajaokuta Steel Company Ltd will function to capacity before the administration of President Muhammadu Buhari ends.

READ: FG urged to sell-off “unproductive” Ajaokuta Steel Plant

He also added that the ministry had recently trained some youths in the metal sub-sector on national development to ensure human capital development with special emphasis on vibrant metals operators.

He said that the workshop was an appropriate strategy meant to launch and mainstream youths into the sector, adding that the three weeks intensive workshop was to work towards the development of the sector.

What you should know

The federal government had made efforts to ensure that the Russian company that built the steel industry would come to Nigeria to conduct a technical audit of the company.

The 60-man Russian team was supposed to be in Nigeria since 2020 for the technical audit but COVID-19 pandemic distorted the plan.

READ: FG prepares Ajaokuta Steel for Russian technical audit

The agreement on how to revive the steel company was reached during a meeting between President Buhari and President Vladimir Putin in Russia in 2019.

The Russian government had nominated TPE, the original builder of Ajaokuta Steel Company, to conduct a technical audit of the steel company to ascertain the level of work remaining to complete the steel company.


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Tags: Ajaokuta Steel Company
Abiola Odutola

Abiola Odutola

For further inquiries about this article, contact: Email: abiola.odutola@nairametrics.com Twitter: @AbiolaOdutola @nairametrics

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Comments 4

  1. TAYO says:
    July 21, 2021 at 9:12 pm

    Ajaokuta steel rolling Mill has been in existence for years same white man don’t it to function, because they know the cause and effect – Nigeria will be on top for life.

    Reply
  2. Divine says:
    July 24, 2021 at 2:03 pm

    Every Administration had said the same thing, all in my vain

    Reply
  3. Dom Clouston says:
    September 1, 2022 at 5:18 am

    It is not the outside world that is the problem.It is the lack of knowledge the owners have and also The Nigerian Way.
    The Nigerian Way-The railway that has been paid for and not finnished was never intended to be finished.Grants and loans are there to be milked away.If you finish the project you kill the cow that you want to keep on milking.
    The russians supplied a massive basic plant and were paid.They were not responsible for the input s.No cooling water,Itakpe iron ore 35% 50%iron is what is needed(can be processed),Nigerian Coal has 1.3%+ sulphur needs to less than 1%(it soften the final product)Can be fixed by injecting natural gas to replace some coal then suphur <1%

    Reply
  4. Dom Clouston says:
    September 1, 2022 at 5:38 am

    No need for more reports.Plenty of reports have been done just need to be addressed and find solutions.Theres a massive monster that needs to be awoken.
    People in control need to know all facets of the operation (not any politican)Dangote knows or finds out everything in his industry and see where it takes him.

    Reply

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