Ok

Obiagelli:
There has been this cry about the government focusing on anti corruption when in actual fact it has been media that has turned a blind eye to other activities of government.
I will try to get these activities out for those interested in the fiscal policy of government.


Obinoscopy, lalasticlala

Wrong

let him come and revive alscon in akwa ibom....d price of aluminium in d market is almost equivalent to dat of oil

NOI called it Elephant project in her book titled reforming the unreformable but they criticised her for non patriotism

Obiagelli:
There has been this cry about the government focusing on anti corruption when in actual fact it has been media that has turned a blind eye to other activities of government.
I will try to get these activities out for those interested in the fiscal policy of government.


Obinoscopy, lalasticlala

Please do, I have been indifferent of news and nairaland politics of late because of the focus on the curruption fight.

Something new and current aside corruption war, and staled news of book haram and Nigerian military fight is what is needed for us to know which way we are going.

More grease to your elbow if you can do what you just stated.

theoptimist298:
From this comment, i think Women truely belong in the kitchen. Idiat

Omg! Han han! What has she done to deserve this kind of insult na?

Obiagelli:
There has been this cry about the government focusing on anti corruption when in actual fact it has been media that has turned a blind eye to other activities of government.
I will try to get these activities out for those interested in the fiscal policy of government.


Obinoscopy, lalasticlala

Lame!
so budget defence is what you term activity.
propaganda girl!

theoptimist298:

From this comment, i think Women truely belong in the kitchen. Idiat

not all women tho. but certainly this one

theoptimist298:

From this comment, i think Women truely belong in the kitchen. Idiat

not all women tho. but certainly this one

FILEBE:


Omg! Han han! What has she done to deserve this kind of insult na?

so you're still asking what she did. its obvious that you, like her, lack serious grey matter.
how can she refer to budget defence as activities of government as if they're already implementing the budget

Raddie:
Now where is the "WHY" here!

Honestly bro, I did not get anything from this op. Why are Nigerians so ok with vague infos. The minister did not tell us why $10 billion has been spent without result neither did he tell us why more money spent will be a waist. Miss Obiagelli, where is the why here?

tomdon:


so you're still asking what she did. its obvious that you, like her, lack serious grey matter.
how can she refer to budget defence as activities of government as if they're already implementing the budget

Oga. Calling her names was uncalled for. You would have done better without insults. Even when you now making sense your first senseless impression messed up whatever you will be spewing afterwards.

The place aat night looks like a space shuttle centre....but you won't know it's a white elephant project a big failure

grandstar:
That is Nigeria's largest white elephant!

The plant is a very unproductive plant compared to the super modern ones today.

Also there is a massive glut of steel inn the world market from China.

China has an excess capacity of over 250m tons. These has led to the dumping of steel and the EU and America have been forced to impose anti-dumping duties on chinese steel.

Its far cheaper to import than to make steel locally. Making steel here will put local users at a competitive disadvantage due to very steep prices.

Govt should do the needful. They should dynamite the place and ring it for miles with mines and lease the place out to ISIS

Please, please just shut up. It's saboteurs like yourself that have put Nigeria in the mess that it is now!

Ajaokuta is only a white elephant because saboteurs paid by India and the US have refused to let it work since it's inception. So what if it's cheaper to import steel (which I can in no way believe)?! Are you ignoring the direct and indirect jobs, revenue and taxes to the economy and contribution to the general industrialisation?!

urchmanx:
I thought someone was accusing the past govt. of deliberately working with the world in giving fake report on the status of that project. Hope this is the time of telling the truth.
https://www.nairaland.com/2844547/okonjo-iweala-connived-world-bank-imf

You saved me the trouble.. I wanted to look for this

grandstar:
That is Nigeria's largest white elephant!

The plant is a very unproductive plant compared to the super modern ones today.

Also there is a massive glut of steel inn the world market from China.

China has an excess capacity of over 250m tons. These has led to the dumping of steel and the EU and America have been forced to impose anti-dumping duties on chinese steel.

Its far cheaper to import than to make steel locally. Making steel here will put local users at a competitive disadvantage due to very steep prices.

Govt should do the needful. They should dynamite the place and ring it for miles with mines and lease the place out to ISIS

You were making sense until you mentioned ISIS. We have our own local devils. We don't need a foreign demon.

I really don't understand why it should take 1 year. Justice delayed!

"It is the day that we confront danger that we subdue it" - Yoruba proverb

What a Minister? What a government? My fears are increasing and rightly sp going by Dr. Fayemi's approach.

og2711:


Please, please just shut up. It's saboteurs like yourself that have put Nigeria in the mess that it is now!

Ajaokuta is only a white elephant because saboteurs paid by India and the US have refused to let it work since it's inception. So what if it's cheaper to import steel (which I can in no way believe)?! Are you ignoring the direct and indirect jobs, revenue and taxes to the economy and contribution to the general industrialisation?!

The truth seems to be bitter.

Ajaokuta steel plant using Soviet technology was already considered obsolete in the 1980's.

There is a massive glut of steel from China and they are exporting it below cost. Chinas overcapacity is 250m and no other country in the world produces up to 150m of steel. Yet China excess capacity is 250m!

If we do decide to produce steel locally, it will be too expensive putting local end users at a disadvantage.

For every job that Ajaokuta creates in its factory if it does take off, 5 will be lost outside because their overpriced steel will adversely affect end users

Ajaokuta doesn't have outdated equipment. It has WRONG equipment. Iron ore is of different types. Ajaokuta ore is called pisolitic ore, the equipment that has been put there can only be used for primary ore( the type found in Russia). Ask any geologist.

Sell Ajaokuta

Build a new plant for Nigeria.

They keep talking about Ajaokuta steel company, what about Delta steel company?

They keep talking about Ajaokuta steel company, what about Delta steel company that the indians ended up ruining and selling off all the spare equipments the Germans brought initially. Delta steel doesn't need up to a billion dollars to start working again but the powers that be won't let it happen.

Some ppl won't read the post carefully ooo instead they'd start accussing GEJ...I think GEJ is the most used word last year and this year lol

Things will soon change. Minister hold on......

This Fayemi is saying he is devoid of ideas.

I think it is time to redeploy or sack him.

instead of think of innovative and creative solutions he is here making excuses for failure.

Abeg this ministry is too important for our diversification plans to be handed to a negative and bewildered minister.

Give the ministry to Ogbonnaya Onu.

grandstar:
That is Nigeria's largest white elephant!

The plant is a very unproductive plant compared to the super modern ones today.

Also there is a massive glut of steel inn the world market from China.

China has an excess capacity of over 250m tons. These has led to the dumping of steel and the EU and America have been forced to impose anti-dumping duties on chinese steel.

Its far cheaper to import than to make steel locally. Making steel here will put local users at a competitive disadvantage due to very steep prices.

Govt should do the needful. They should dynamite the place and ring it for miles with mines and lease the place out to ISIS

what a mentality. I will be back.

grandstar:
That is Nigeria's largest white elephant!

The plant is a very unproductive plant compared to the super modern ones today.

Also there is a massive glut of steel inn the world market from China.

China has an excess capacity of over 250m tons. These has led to the dumping of steel and the EU and America have been forced to impose anti-dumping duties on chinese steel.

Its far cheaper to import than to make steel locally. Making steel here will put local users at a competitive disadvantage due to very steep prices.

Govt should do the needful. They should dynamite the place and ring it for miles with mines and lease the place out to ISIS

Keep off what you know little about. Every sane country needs a steel company.

Judging from your false analogy, why won't US and Europe close down their steel companies and buy cheaper ones from China? Why go the length of protecting to make their people pay higher price?

If we think manufacturing and self sufficient, we must have a steel company.

Dear president Buhari,

Kindly probe the Ajaokuta steel project. The amount invested without having anything to show for it is an insult to our common sence.

We can't continue like this.

Thank you

I was born in ajaokuta and I also grew up here,we grew up un ajaokuta with these dream of it been completed one day but that never happened and I still wish it will someday be a reality but the truth be told ajaokuta is like an old you can not sell it yet you can not make use of it.most of its the machines in ajaokuta are either outdated or has being stolen and sold off,I urge the govt to make critical analysis of the whole situation before throwing scarce resources into the "bottomless" pit....missed A.J tho.