mfm04622:


Which FG? The OBJ's FG that signed the contract? Or successive govts that have not been able to resolve the issue?
Must you condemn everything the govt do? Even when they do the right thing?

What do you think Obi would have done different?

All the successive governments you talked about are filled with military men and government workers.

Peter Obi is a businessman, traders can never lose money, even if it's government money.

Elsueno:
if any corrupt Nigerian dey behind this so called Global Steel Holdings Limited, I pray this money becomes a curse to u & u choke on it!

Ok because you hear India you think Nigerians won't be involved Everything Na Scam don't be decieve.

We need ajaokuta steel running, unless it is beyond repair. Mining steel will create a lot of jobs and value chain down the line, and help against the free fall of the naira, due to too much importation.

PresidObi:
Another loss from the FG. They are running the country like a charity organisation.

Peter Obi government always makes sure it makes profits from every government transactions.

Vote for Peter Obi

Even though the same Pandora was part of the same PDP that created the mess in the first place.

You people are jokers.

PresidObi:


All the successive governments you talked about are filled with military men and government workers.

Peter Obi is a businessman, traders can never lose money, even if it's government money.

What would Obi do differently.

Plenty traders dey lose money. Also, this is NOT about trading!

The earlier we all realize there is no magic wand anywhere. To build a Nigerian we want need HARD work over a LONG time! So, what do you think Obi would have done differently?

Reminds me of how the PDP abandoned the Warri Itakpe railway that was supposed to ferry iron ore to the steel plant.

It's like building an airport without building the runway for planes to land and take off.

PDP really finished this country

Cmeo:
For how much was the concession for in the first place, that they had to pay $496m as settlement claim??

Read the article again.

jesus19984:


Read the article again.

Jesus come run your son 2k

Only one person in the first page read the content. Others are just ignorant and hatred filled for Buhari.

A decorated donkey is still a donkey. A white elephant project is still a white elephant.

The government should simply have cut its losses and run but chose to return to its vomit and claim back this white elephant. It will sink in money again to accomplish nothing.

I am certain if steel production was really profitable, the concession holders would have plowed money into it rather than to strip its assets as the government claims.

Ever since China started over producing steel and causing a massive glut, it would have been unwise to invest in steel manufacturing. It's even much cheaper to import than to produce locally.

PresidObi:
Another loss from the FG. They are running the country like a charity organisation.

Peter Obi government always makes sure it makes profits from every government transactions.

Vote for Peter Obi

is it that ur fingers are faster than ur brain or what?did u even read the post?

This is not Buhari's own created problem this is one of such many reasons we had to end PDP regime at Aso Rock. However, this is why we need to do brain scan for anyone running for political office in the country. Majority don't know the implications of agreement they are signing on behalf of FG. One Adamu with the lowest of low IQ and graduate of Let My People Pass northern school must have been the one responsible for bringing this liability on the country especially after the foreigner must've bribed the mad man with barely 2% of what FG must now pay.

Viz007:
The good thing about this Buhari-led FG is that they know how to come up with bogus agreements and fail to deliver at the very last.

do u have problems with comprehension?yar'adua terminated the contract and since den its been court cases.

wethebest:
Yet some fools are still campaigning for atiku and tinubu to rule dem cox of ethnicity nd religion. Naija citizens is Nigeria's number one enemy not the d few politicians in power. How can u guys see an intelligent exposed person nd still prefer old thieves to rule u nd ur unborn children? It's a really sad reality.

if not ethnicity,u for support sowore,he is younger than ur po.live and let's live.

Viz007:


https://www.thisdaylive.com/index.php/2022/09/04/fg-agrees-to-pay-496m-settlement-claims-on-ajaokuta-steel/

Chai these people don scam us again o. last hour cash out from Malami and gangs

engrjosefz:
I grew up in this steel city, I knew when the Indians came looting the company's assets, but then, why would FG go into a blind concession agreement with them in the first place?

I believe FG had elites and good lawyers who are well schooled to understand and interpret bids for contracts. Many shady stuffs some selfish individuals do to enrich themselves.

If the dispute can be resolved, it's a plus for Nigeria, the steel company can be revitalized, those who have not been there before won't understand what the country is loosing due to our steel complex not functioning.

I Pray we get it right this time around.

The ajaokuta still steel plant should be blown up and mined with explosives to discourage further investments.

The "only getting it right" is to completely dispose of the plant asap.

If a fraction of the money sunk into Ajaokuta was used to set up an industrial park and subsidize investors, it would have been a far better way to go

Again Malami is the one signing to pay off...
By the time this guy retire, he go don rich pass hush puppy

michlins:
It's obvious our people don't read at all

Na now you know. Almost all the comments I have seen, didn't read the news only headline

Viz007:
The good thing about this Buhari-led FG is that they know how to come up with bogus agreements and fail to deliver at the very last.

No bogus agreements anywhere in my opinion. They just find excuses to share taxpayers monies amongst themselves and their cronies.

What a country with useless so call leaders

Viz007:
The good thing about this Buhari-led FG is that they know how to come up with bogus agreements and fail to deliver at the very last.

Did you really read the news at all?
PDP govt sold nigerians assets dubiously through bogus agreements that incur financial losses to Nigeria. They did the same to Mambila power plant, killed NITEL completely among many other National assets.

divinehand2003:
Whenever Buhari’s government makes any agreement, I don't need a prophet to tell me that it won't materialise.


They make promises you and I know that they will not keep. Besides the country is broke to the teeth. Where will they get the money to meet this agreement.

PresidObi:
Another loss from the FG. They are running the country like a charity organisation.

Peter Obi government always makes sure it makes profits from every government transactions.

Vote for Peter Obi

Viz007:
The good thing about this Buhari-led FG is that they know how to come up with bogus agreements and fail to deliver at the very last.

Did you really read the news at all?
PDP govt sold nigerians assets dubiously through bogus agreements that incur financial losses to Nigeria, this agreement was done during Yaradua's regime. They did the same to Mambila power plant, killed NITEL completely among many other National assets.

PresidObi:


All the successive governments you talked about are filled with military men and government workers.

Peter Obi is a businessman, traders can never lose money, even if it's government money.

Yaradua & Jonathan’s government that cancelled the contract was filled with military men?

Disobedient Opunu Mumurist.

limeta:
What a country with useless so call leaders

Senseless statement, ask yourself, can a peasant blind minded follower, be any better than their leader master?

Buckeyemedia1:
Yaradua & Jonathan’s government that cancelled the contract was filled with military men?

Disobedient Opunu Mumurist.

Government workers, (civil servants) you just ignored that one so you can throw insults.

engrjosefz:
I grew up in this steel city, I knew when the Indians came looting the company's assets, but then, why would FG go into a blind concession agreement with them in the first place?

I believe FG had elites and good lawyers who are well schooled to understand and interpret bids for contracts. Many shady stuffs some selfish individuals do to enrich

If the dispute can be resolved, it's a plus for Nigeria, the steel company can be revitalized, those who have not been there before won't understand what the country is loosing due to our steel complex not functioning.

I Pray we get it right this time around.

Handwork of Atiku Abubakar, I remember that shady deal of privatization in 2004, so many Ajaokuta steel workers lost their jobs including my mum, salary wasn’t paid for like two years after then