• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Tuesday, July 28, 2026
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Economy/Technology

Minister defends retention of workers in Ajaokuta steel

Ajaokuta

The Matters Press by The Matters Press
November 28, 2022
Reading Time: 2 mins read
0
Firms bid for Ajaokuta steel

The Minister of Mines and Steel Development, Mr Olamilekan Adegbite says workers are retained at the Ajaokuta Steel Company to protect the Infrastructure from vandalism.

RELATED POSTS

PBAT expands military structure, approves more recruitment

Tinubu’s $3.05bn intervention initiatives, part of ongoing reforms to tackle poverty at the grassroots-Group*

Atiku goofed on President Tinubu’s growth-focused borrowings, recent spike in food inflation

Adegbite said in Abuja on Sunday that it was important to keep the place running.

He said the reason why successive governments could still talk about the company was because of the few workers keeping the place running.

“The steel territory where Ajaokuta sits is about three times bigger than the Federal Capital Territory (FCT).

“So, you can imagine an investment of that magnitude being left without people to maintain.

“If everybody is withdrawn from there, we would not be sitted ere today talking about Ajaokuta because it will not exist anymore.

“You know who we are. If that place is left like that people will cannibalise the place and turn everything into scrap,” he said.

He said the plants were still functional, adding that at full production, the company was capable of employing more than 10,000 workers.

On whether or not the company had produced anything steel since its establishment in the 70s, Adegbite said it had produced at certain period.

He said, “Ajaokuta has actually produced at certain period.

“It is only that it has not produced liquid steel, which is the ultimate because it can be converted into any desired metal.

“Billets were being imported from abroad, so Ajaokuta has always functioned in one way or the other.

7’So, all these years, alot of investment has gone into training people toward steel production.

“People went on secondment while others were sent for first degree and Masters.

“So many people were trained in Russia because it was built by the Soviet Union in those days.”

The minister further said the workers, some of whom had retired had kept hope alive that Ajaokuta steel company would work.

He said, “these hands were kept together because we do not want to lose them”.

On argument as to whether or not the non-take-off of the company was because the “gods are angry” the minister said the communities had been carried along over the years.

This gesture according to him is to show respect for the people and their culture.

Tags: Ajaokuta
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Reduction in security breaches by 65%, an unprecedented feat in 13 Years
News

PBAT expands military structure, approves more recruitment

July 24, 2026
Swiss Bank expects profit of $50bn
Economy/Technology

Tinubu’s $3.05bn intervention initiatives, part of ongoing reforms to tackle poverty at the grassroots-Group*

July 24, 2026
Nigeria, WFP worry over food situation
Economy/Technology

Atiku goofed on President Tinubu’s growth-focused borrowings, recent spike in food inflation

July 24, 2026
Tinubu signs amended electoral Act
Economy/Technology

Nigeria gains more global recognition -PBAT

July 24, 2026
Infrastructure gulp N2,7tn in Nigeria
Economy/Technology

Tinubu turning Nigeria into massive construction site

July 6, 2026
Covid-19 causes GDP’s contraction
Economy/Technology

Slash in vehicle import levies will reduce financial burden on Nigerians-TMV

July 6, 2026
Next Post
Nigeria targets $1.2bn export capacity for every state

Nigeria bans export of raw gold, others — Minister

$13bn proposed Trans-Sahara Gas Pipeline project taking shape

NIPCO moves to connect Lekki Free Trade Zone with gas pipeline

Recommended Stories

Tinubu explains mission as he marks second year in office

Nigeria, UAE deal will drive non-oil growth, deepen economic partnership

January 18, 2026
Economists Challenge IMF on call for further VAT increase in Nigeria

IMF bashes world economy, more uncertainty

July 28, 2022
New Naira notes unavailable even as CBN campaigns for acceptance

10 days extension for use of old naira notes

January 29, 2023

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • PBAT expands military structure, approves more recruitment
  • Tinubu’s $3.05bn intervention initiatives, part of ongoing reforms to tackle poverty at the grassroots-Group*
  • Atiku goofed on President Tinubu’s growth-focused borrowings, recent spike in food inflation

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us