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$1bn needed to revamp Ajaokuta steel plant —Minister

The Minister of Mines and Steel Development, Mr. Musa Sada, on Thursday said that the Federal Government would require $1bn to revamp the moribund Ajaokuta Steel Company for optimum performance. He stated this when he appeared before the Senate Committee on Power, Steel Development and Metallurgy. He also explained that the government-owned steel construction company... 
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Added November 21, 2013
from The Punch News