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22 February 2021

Federal Governmnet To Audit Ajaokuta Steel Company.

The Federal Government is in the process of bringing in foreign experts to comprehensively audit the multi-billion naira Ajaokuta Steel Company Limited.

Special Assistant on Media to the Minister of Mines and Steel Development, Ayodeji Adeyemi, said the experts would have been in Nigeria since 2020 but the process was halted by the outbreak of the COVID-19 pandemic and the resultant shutdown of airports globally.

He however noted that in no distant time, the experts would arrive the country and commence the audit at the facility in Kogi State.

In October 2020, the Minister of Mines and Steel Development, Olamilekan Adegbite, had stated that a sixty-man team from Russia would come to Nigeria to start a technical audit of the Ajaokuta steel complex.

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