A Federal High Court in Ilorin has issued a final forfeiture order for a truck and its cargo of solid minerals seized in connection with illegal mining in Kwara State. The ruling, delivered on Tuesday by Justice Olukayode Ariwoola, directs that the assets be permanently forfeited to the Federal Government of Nigeria. The court’s decision
The Minister of Steel Development, Shuaibu Abubakar Audu, has announced that the federal government is at an advanced stage in its efforts to resuscitate the long-dormant Ajaokuta Steel Company in Kogi State. Speaking over the weekend at his country home in Ogbonicha, Ofu Local Government Area, during a meeting with stakeholders of the All Progressives
The Minister of Steel Development, Prince Shuaibu Abubakar Audu, on Wednesday performed the groundbreaking ceremony for the $400 million Stellar Steel Plant, a major investment by Inner Galaxy Group, in Shagamu, Ogun State. Spread over 100 hectares, the facility will produce hot-rolled coil — a vital raw material for Nigeria’s infrastructure and manufacturing sectors. When
The Federal Government has earmarked N6.21 billion for the salaries of workers at the dormant Ajaokuta Steel Company in its proposed 2025 budget. This marks a 44.76% increase from the N4.29 billion allocated in 2024, despite the facility’s failure to produce a single sheet of steel since its inception over four decades ago. Conceived in