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Yar’Adua planned big for Ajaokuta steel firm – Shagari

By Luka Binniyat

ABUJA—The House of Representatives Chairman, Committee on Steel, Mr. Aminu Shagari (PDP/Sokoto), yesterday, affirmed that the late President Umaru Yar’Adua had great plans that would have finally put to rest the unending failure of the multi-billion dollar Ajaokuta Steel Company Limited,  ASCL, to produce liquid steel after 90 per cent of the plant had been completed since 1990.

He said as soon as he took certain radical decisions on ASCL and the Nigerian Iron Ore Mining Company, NIOMCO, Itakpe, his ill health made it impossible to drive them to logical conclusion.

Shagari noted that though Yar’Adua had huge passion for ASCL and NIOMCO, he was unable to visit the plants even after plans had been concluded to receive him.

“He reversed the Share Purchase Agreement with Global Infrastructure Holding Company, GINL, in 2008 after observing that the agreement was drafted only to suit the Indians,” he said.


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