A Civil Society Organisation named Peoples Movement for a New Nigeria (PMNN) has urged President Muhammadu Buhari to thwart the planned concession of the Ajaokuta steel company to foreign investors.
The organization remarked that the steel company was too vital to be concessioned to strangers.
Recall that in April, the Federal Government had approved the engagement of transaction advisors for consultancy services for the concessioning of Ajaokuta Steel Company Limited.
Speaking at a briefing in Abuja at the weekend, President of (PMNN), Yahaya Ndu urged Buhari to halt the concession of the Abeokuta steel company until a new administration takes over in 2023.
He said: “We have been hearing about the so-called concessioning of the Ajaokuta Steel Mill. Permit me to use this opportunity to appeal to President Buhari to please reconsider and put this move on hold in the interest of the nation. Ajaokuta Steel is too vital and interesting to be concessioned to strangers. When true patriots come into power come 2023, it should be handed over to a team of Nigerian and African engineers and the Nigerians society of engineers to run.”
Ndu, who is also the director of, the Institute for African Renaissance Studies and Realisation at the Gregory University Uturu, noted that the most fundamental and foundational task of any realistic administration come 2023 should be to transform Nigeria into a country devoid of primordial, ethnic, tribal and religious tendencies and loyalties.
He equally stressed the need to integrate Nigerians living in the Diaspora fully into the governance gamut and in all arms of government.
