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Ajaokuta Fraudster - Politics - Nairaland

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Ajaokuta Fraudster by Nobody: 11:58am On Aug 19, 2017
SO GOOD FOR INDUSTRIALIZATION AND DIVERSIFICATION

While we slept and kept our big minds busy with a woman that was tired of staying with a ma as his wife and Charly Man being attacked in Wuse, they are further sharing your sweat. They are leaving nothing for your children.

I seek answers to the Ajaokuta saga.

A lot depends on that place.

..who is Pramod Mittal?

What company is called ISPAT?

Why did Obasanjo get SOLGAS that his son Gbenga had an interest, a downstream Oil and Gas company, to take over Ajaokuta Steel Complex after signing an agreement with the orginal Russian Company that built Ajaokuta Steel Company?

Why did SOLGAS contract ISPAT as a technical partner owned by Pramod Mittal to run Ajaokuta and National Iron Ore in Itakpe?

Why was Ajaokuta valued at only $200m and given to ISPAT by Obasanjo and SOLGAS booted from Ajaokuta?

What was the real value of Ajaokuta at the point?

Why did ISPAT engage in Asset Stripping of Ajaokuta and not reviving the Steel Plant?

Is there a difference between GLOBAL STEEL HOLDINGS and ISPAT?

Are both companies one and the same?

Why did Pramod collect a loan of $192m from banks in Nigeria and immediately acquired a Steel Plant in Bulgaria which he ran aground and disappeared from Bulgaria when the funds were meant to be ploughed into Ajaokuta and Delta steel?

Why did Yaradua cancel the contract with Pramod?

Why did Pramod flee Nigeria and was declared wanted by EFCC?

WHY DID FAYEMI INVITE PRAMOD AND GLOBAL STEEL HOLDINGS BACK TO NIGERIA TO TAKE OVER NATIONAL IRON ORE MINING COMPANY?

Has Pramod, Ispat and Global Steel Holdings run any successful steel company anywhere in the world?

A man wanted in Bulgaria for fraud and declared wanted by EFCC after looting the National Iron Ore Mining Company and Ajaokuta.

Are some individuals being rewarded with out National Assets?

We need answers to these questions?

Why not invite invite the Russian Company, Tyazh Promo Export (TPE) that designed and built ASCO up to 98 per cent as at 1994 to come back and complete what they started.

This is a company that is known worldwide to have carved a niche for itself in the construction of mining and mineral processing plants?

The late Yaradua invited TPE for discussions before he died.

The company was engaged by the Nigerian government to do Preliminary Project Study on Iron and Steel industry in Nigeria in 1973, the year in which good iron ore deposits were found at Itakpe, Ajabanoko and Shokoshoko, all in the expanse of Okene, Kabba and Lokoja in Kogi State.

The Russian Consortium completed the Detailed Project Report (DPR) in 1977 which laid the template for the establishment of ASCO/NIOMCO in 1979, same year the formal signing of the Global contract for the implementation of the Ajaokuta Steel project between the Nigerian government and TPE was done during the military regime of Obasanjo.

With the contract signed, the Russian company, as it could be recalled, deployed 1,000 Russian experts and 3,500 Nigerian workers to carry out the construction exercise that was completed up to 98 per cent by October 1993. Specifically, of the 482 Units that make up the entire ASCL, 476 of them were commissioned, including three rolling mills, TPS-TBS, repair and service shops that were all put into operation.

After that feat, the steel company was abandoned and left to rot away for years. And when the federal government made the move to revive the company in 2002, the same Russian company was invited to carry out an assessment audit of what needed to be done to revive it, but the effort was later stalled when the Obasanjo government decided in 2005 to give the company on concession to Gbenga's guys.

Why are they bringing PRAMOD MITTAL and his marauding ISPAT, GLOBAL STEEL HOLDINGS to start on another Ajaokuta and National Iron Ore Mining jamboree?

Why are we like this?

WE ARE NOT JUST SERIOUS.

Let me be going to get a bag to collect my rice from Audu. That's the low level we have descended to.

CHAI!
Re: Ajaokuta Fraudster by coolestchris(m): 12:12pm On Aug 19, 2017
is the country Nigeria not synonymous with fraud...
Re: Ajaokuta Fraudster by Isoko1stSon(m): 12:12pm On Aug 19, 2017
Lived there4 year Ascl is A Sight to behold A multi trillion investment roting Away...BT Who cares...I stopped Worrying abt it long time Ago
Re: Ajaokuta Fraudster by Nobody: 2:06pm On Aug 19, 2017
There was a country called Nigeria
Re: Ajaokuta Fraudster by jamace(m): 3:17pm On Aug 19, 2017
Obj and his fraudulent government.

And same Obj will be calling people thief.

Na wa o. Only in Nigeria!
Re: Ajaokuta Fraudster by richidinho(m): 4:44pm On Aug 19, 2017
the Ape sold Nigeria long ago
Obasanjo can only impress his fellow thieves -Fayose
Re: Ajaokuta Fraudster by fratermathy(m): 10:52pm On Sep 08, 2017
Isoko1stSon:
Lived there4 year Ascl is A Sight to behold A multi trillion investment roting Away...BT Who cares...I stopped Worrying abt it long time Ago


This guy is not an Isoko person. He is an IPOB youth from the East impersonating the good people of Isoko ethnic nationality. Everyone should take note. No Isoko person would create a username such as his. It's so sad that he is misrepresenting the collective wishes of Isoko people here on Nairaland. Disregard his posts. Things are like this are why minorities will always mistrust Igbos and their Biafra. Imagine the level of desperation and audacity.

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