The Federal Government has blamed the ongoing war between Russia and Ukraine which started on February 24, as one of the reasons the Ajaokuta Steel Rolling Mill in Kogi State, will not be completed this year as earlier promised, IgbereTV reports
The Minister of Mines and Steel Development, Olamilekan Adegbite, who disclosed this on Thursday while featuring on the weekly ministerial media briefing at the State House, Abuja, effectively ruled out the possibility of completing the beleagured 43-year mill this year, due to the effects of the war and the outbreak of the Covid-19 pandemic
The Minister said though President Buhari had approved the release of $2 million for the conduct of a technical audit of the mill as demanded by Russians before the restart of its implementation, the ongoing war means the contract will have to be terminated while the government will look for alternative technical partnerships.
“Technical audit of the Ajaokuta Steel Rolling Mill in Kogi State is necessary to ascertain the condition of the facility before restarting the work