By James Isaac The Joint Senate Committee on Steel Development has raised serious concerns over the concessioning process of Ajaokuta Steel Company, questioned the Minister of Steel Development, Prince Shuaibu Abubakar Audu, during a budget defense session on Friday. Co-chaired by Senator Patrick Ndubueze, the Committee demanded detailed explanations regarding the contractual agreements with NOVASTAL, a private firm, and the rationale for opting for a tripartite agreement instead of a government-to-government arrangement. The Committee expressed skepticism about the 4 billion naira allocated in the 2024 budget for the…
Tag: Prince Shuaibu Abubakar Audu
FG restates commitment to Insurance coverage ….. unveils overhauling strategy for Nigeria’s Steel Sector Revival
The Federal Government through the newly created Ministry of Steel Development has taken significant steps towards rejuvenating the nation’s steel sector by announcing a comprehensive insurance coverage for all ongoing steel projects within the country. The Hon. Minister of Steel Development, Prince Shuaibu Abubakar Audu made this declaration during a crucial meeting with key agencies under the Ministry. These are namely- Ajaokuta Steel Company Limited; National Iron -Ore Mining Company, Itakpe; National Steel Raw Materials Exploration Agency; Metalurgical Training Institute and National Metallurgical Development Center, Jos. During the interface with…
Prince Shuaibu Abubakar Audu; From Private Sector to Public Service, By ABUBAKAR YUSUF.
The announcement of the Senate President, Obong Godswill Akpabio of the second and last batch of ministerial nominee submitted by President Bola Ahmed Tinubu, that contained the name of of Prince Shuaibu Abubakar Audu from Kogi state after the mentioned of twelveth (12th) name to become the thirteenth (13th) name on the list that contained nineteen (19) newly appointed Ministers to serve in the current dispensation. Shuaibu coming from a prominent background as son of the former two time Kogi Governor, Late Prince Abubakar Audu who during his life…
