In her renewed determination to diversify sources of income and create employment, the Federal Government has secured a $1.45 billion funding to finally complete Ajaokuta Steel Complex. As soon as this is lifted globally, these technical people would come in to do their job,” he explained. “Once we have the evaluation, we already have pledges from AfreximBank and the Russian Export Centre that have jointly pledged $1.45 billion for the resuscitation of Ajaokuta Complex. “AfreximBank pledged $1 billion while the Russian Export Centre pledged $450 million. We have had meetings at the Cairo office of AfreximBank in the presence of the Russians in March.

Source: Nigerian Tribune June 07, 2020 20:37 UTC