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Monday, May 27, 2024

CSO COALITION FOR THE REVIVAL OF AJAOKUTA STEEL COMPANY

Statement On The Current Situation of Ajaokuta Steel Company Limited [ASCL] and Review of Efforts by the Buhari Administration At the December 15, 2022 meeting of the Steering Committee of the CSOs Coalition observed that:

1. On the revival of Ajaokuta, President Muhammadu Buhari’s administration will come to an end by May 2023 and a new government will be ushered in. This is a constitutional arrangement and it is clear that the promise to revive the Ajaokuta Steel Plant to full operation before the end of his administration is no longer achievable. This much has been made public by the government through Hon. Minister of Mines and Steel Development, Arc. Olamilekan Adegbite, in his recent media briefings and public statements, particularly the December 12th visit to Osun on the occasion of his official visit to the state.

2. In the last seven (7) years of the Buhari administration, Nigerians and indeed the international community are aware of the challenges associated with the revival of ASCL and the efforts put in place to address them.

3. In particular, we commend President Muhammad Buhari for his inexorable commitment to the revival of the steel plant, ably demonstrated through his visit to Sochi, Russia in October 2019 during the Russia-Africa Economic Summit, the inauguration of the Ajaokuta Presidential Project Implementation Team (APPIT), the settlement of the legal arbitration and the payment of $496m to Global Steel. It is equally on record the efforts of the government to get the Russians and other international companies to conduct the technical audits of the Plant, as well as the ongoing process to concession ASCL to investors.

4. The Coalition is however concerned about the seeming lack of transparency in the ongoing bidding process for the selection of investors for ASCL, the non-disclosure of the methods adopted and non-compliance with the provisions of the Public Procurement Act 2007, especially Section 19[b], which mandates Ministries, Departments and Agencies [MDAs} of government  to invite observers in all public bid process, call for concerns 

5. We are particularly worried that the engagement of consultants to perform this privatization process did not follow due process of law and therefore, the selection of the investors as stated by the Minister is opaque and likely to give room for corruption.

5. We therefore, call on the relevant government agencies particularly, the Infrastructure Concession Regulatory Commission [ICRC], to without delay, interrogate the ongoing privatization process by the Federal Ministry of Mines and Steel Development, in a bid to ensure a transparent, accountable and productive process for the benefit of the Nigerian people. 

6. We equally seize this opportunity to advise the incoming administration to ensure that the current efforts of President Muhammed Buhari on the revival of Ajaokuta Steel company Ltd is sustained for the eventual completion of the steel Plant.

7. We also, advocate for institutionalized transparency, accountability and integrity mechanisms in the entire process to avoid pitfalls of the past.

Thank you.

Signed by the Steering Committee:

1.         Mohammad Bougei Attah, NGO Network, Abuja 

2.         Otunba Dele Ajayi-Smith, African Citizens Development Foundation, Lagos

3.         Prince Chris Azor, Int’l Peace and Civic Responsibility Center, Awka.

4.         Oluseyi Oyebisi, Nigeria Network of Non-Governmental Organizations, Lagos 

5.         Raymond Enoch, Center for Environmental Education and Development, Jalingo

Disclaimer: 

The opinions and views expressed in this write-up are entirely that of the Writer(s). They do not reflect the opinions and views of the Publisher (Nze Ikay’s Blog) or any of its employees. The designations employed in this publication and the presentation of materials herein do not imply the expression of any opinion whatsoever of the Publisher (Nze Ikay’s Blog) or its employees concerning the legal status of any country, its authority, area or territory or concerning the delimitation of its frontiers. Equally, the sketches, images, pictures and videos are gotten from the public domain.

NzeIkay
NzeIkayhttps://nzeikayblog.com
Nigeria is an Enigma. The capacity to gain an accurate and deep understanding of her is undoubtedly God’s endowment to us, her citizens. As a citizen of this lovely nation, I’ve spent decades of my life trying to understand this, Mirage. Hope someday, this Mystery that houses about 250 million blacks will be globally understood, widely accepted, and given the opportunity to play its vital role in the world stage. So, help us God! #NigeriaDeservesBetter #AfricaDeservesBetter

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1 COMMENT

  1. A fascinating discussion is worth comment. I think that you ought to publish more about this subject matter, it might not be a taboo subject but typically people do not talk about such topics. To the next! Best wishes!!

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