Post by YUSUF ISSA (@yusuf_temitope)
JUST IN: President Tinubu wants to try a different approach to reviving the Ajaokuta Steel Mill in Kogi State.
He understands that Ajaokuta's problem is more about economics than engineering.
He is in discussions with Chinese partners to operate the plant, this time backed by a 20-year gas supply guarantee.
Recent audits revealed that about 70% of the equipment remains in good condition, while the remaining 30% requires replacement with modern technology.
If this model succeeds, it could finally unlock the economic potential that has eluded Ajaokuta for decades.

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