Senator says Ajaokuta Steel Company will not be sold

Lokoja – Senator Ahmed Ogambe (PDP / Kogi Central) expressed optimism that Ajaokuta Steel Complex (ASC) would not be sold and ordered its voters to ignore rumors about it.

Ajaokuta Steel Company

Ogembe said in a statement signed by his media assistant, Mr. Opeyemi Duke, that the federal government did not hint at his plans to sell an expansive economic image.

“Any attempt to sell ASC will be perceived by my people as an economic sabotage and will resist strongly,” the statement said that was given to journalists on Tuesday in Lokoia.

Senator Ogambe described the steel plant as “the economic life of my people and the Nigerian nation as a whole,” stating that he had put forward several proposals on the need to revive the steel company.

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“I raised several proposals on the floor of the Senate that require the revitalization of the metallurgical plant in Ajokuta, because the industrialization of Nigeria is possible only if ASC is rolling steel,” he said.

The senator said that he set up a committee to assess the actual state of the plant and recommends what can be done to make it work.

“Over the past few years, I met several times with the then Minister for the development of solid minerals and steel, Dr. Kayode Fayemi, to develop an action plan for the restoration of the steel company.

“It is therefore very disturbing to hear that the federal government plans to sell the steel company,” said Ogambe.

He advised the federal government to treat such a movement that the host community would not buy from it.

Recent reports cited CBN Governor Godwin Emphile, saying that the government is considering selling ASC to raise funds to meet financial commitments.

It is said that Efilel refused to hint at a meeting in Indonesia. (NAN)

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