Ajaokuta Steel Company to provide 500,000 jobs

The first phase of Ajaokuta Steel Company will provide 500,000 upstream and downstream employment when it becomes operational.

Mr Isah Onobere, the Sole Administrator of the company, told journalists on Friday that the first phase of the plant would also provide direct employment for 10,000 technical staff when inaugurated.

He also said the first phase had been completed, adding that it was envisaged to produce 1.3 million tonnes of liquid steel per annum.

He said that it would cost 400 million dollars to complete Ajaokuta steel, which had reached 98 per cent completion.

According to him, two billion dollars is needed for infrastructure rehabilitation and operational cost.

He said that government had begun to commit resources for the maintenance and preservation of the equipment and facilities of the plant recently and called for improved efforts.

According to him, government is considering the report on various options on the way forward for the completion of the project.

These options he said include outright sales, concessioning and joint venture of Ajaokuta steel.

He, however, denied rumour about the company equipment being obsolete, adding that the company, would stand test of time, adding that all its equipment were functioning appropriately.

The News Agency of Nigeria (NAN), reports that former President Alhaji Shehu Shagari laid the foundation of Ajaokuta in 1980 and within four years, it attained was 84 per cent completion.

Ajaokuta steel company is located on 24,000 hectares of sprawling green-field landmass built on 800-hectares of land.

It is Nigeria’s leading steel company and intended to be the leading supplier of quality steel products in all the major economic sectors, including construction, packaging, wire drawing and nail making industry among others.

Source: African Spotlight

23 thoughts on “Ajaokuta Steel Company to provide 500,000 jobs

  • 16th December 2020 at 2:29 pm
    Permalink

    I am glad to be one of several visitants on this great website (:, regards for putting up.

    Reply
  • 8th March 2021 at 6:12 pm
    Permalink

    Hi there, just wanted to tell you, I enjoyed this blog post. It was practical. Keep on posting!|

    Reply
  • 10th May 2021 at 11:53 pm
    Permalink

    Excellent post. I was checking constantly this blog and I’m impressed! Extremely helpful info particularly the last part 🙂 I care for such info much. I was seeking this certain info for a very long time. Thank you and good luck.|

    Reply
  • 11th May 2021 at 1:27 am
    Permalink

    Have you ever heard of second life (sl for short). It is basically a video game where you can do anything you want. sl is literally my second life (pun intended lol). If you would like to see more you can see these Second Life websites and blogs

    Reply
  • 17th May 2021 at 2:58 pm
    Permalink

    It is appropriate time to make some plans for the long run and it’s time to be happy. I’ve read this put up and if I may I desire to counsel you some attention-grabbing issues or advice. Maybe you can write subsequent articles relating to this article. I desire to learn even more issues about it!|

    Reply
  • 20th May 2021 at 8:21 am
    Permalink

    Have you ever heard of second life (sl for short). It is essentially a online game where you can do anything you want. SL is literally my second life (pun intended lol). If you want to see more you can see these sl websites and blogs

    Reply
  • 21st May 2021 at 1:08 am
    Permalink

    Have you ever heard of second life (sl for short). It is essentially a game where you can do anything you want. sl is literally my second life (pun intended lol). If you would like to see more you can see these second life authors and blogs

    Reply
  • 23rd May 2021 at 9:05 am
    Permalink

    Have you ever heard of second life (sl for short). It is essentially a game where you can do anything you want. sl is literally my second life (pun intended lol). If you would like to see more you can see these Second Life websites and blogs

    Reply
  • 28th May 2021 at 9:49 am
    Permalink

    Have you ever heard of second life (sl for short). It is essentially a online game where you can do anything you want. sl is literally my second life (pun intended lol). If you want to see more you can see these second life authors and blogs

    Reply
  • 29th May 2021 at 10:20 am
    Permalink

    Have you ever heard of second life (sl for short). It is basically a video game where you can do anything you want. SL is literally my second life (pun intended lol). If you want to see more you can see these Second Life articles and blogs

    Reply
  • 30th May 2021 at 11:10 am
    Permalink

    Have you ever heard of second life (sl for short). It is basically a game where you can do anything you want. SL is literally my second life (pun intended lol). If you want to see more you can see these second life websites and blogs

    Reply
  • 3rd June 2021 at 4:27 am
    Permalink

    Have you ever heard of second life (sl for short). It is essentially a video game where you can do anything you want. sl is literally my second life (pun intended lol). If you want to see more you can see these Second Life websites and blogs

    Reply

Leave a Reply

Your email address will not be published.