Despite its continued abandonment and failure to operate at full capacity, the Ajaokuta Steel Company has consumed over N1bn in payments for pensions, taxes, and various other social projects, according to a 2024 report from BudgIT’s accountability platform, GovSpend.
The financial burden associated with the dormant steel complex has continued to grow, with a total of N1,105,280,696 spent over the past two years.
This includes N441,019,400…
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