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Senate Investigates Ajaokuta Steel Company Over $496m Settlement

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The Senate on Tuesday resolved to carry out a thorough investigation on the affairs of Ajaokuta Steel Company Limited and the National Ore Mining Company in Kogi State from 2008 to date.

It planned to unravel the mystery behind the payment of $496m allegedly made to Pramod Mittal, Chairman, Global Infrastructure Holdings Ltd by the Federal Government in September 2022 as a settlement over said contractual disputes.

It also resolved to investigate the circumstances that led to the re-concession of NIOMCO even when the initial Concession Agreement was validly terminated by the Yar’adua Administration with a positive review by the International Chamber of Commerce, London.

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Senate’s resolutions to this effect were sequel to a motion sponsored by Senator Natasha Akpoti-Uduaghan ( PDP Kogi Central) and exhaustively debated by many of the Senators.

Akpoti-Uduaghan said the Ajaokuta Steel Company Limited and the National Iron Ore Mining Company located in Kogi State were established sometime in the late 70s by the Federal Government with the potential to put Nigeria on the path of technological and industrial advancement and establish the country as one of the leading exporters of steel products in the world.

She lamented that decades after their establishment, the Ajaokuta steel mill and NIOMCO have remained inoperative and unable to produce steel despite seeming efforts by several administrations due to a lack of earnest political will and bureaucratic corruption.

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According to her, Nigeria currently expends about $3.3bn annually on steel imports and is quite saddened that a nation blessed with abundant natural ore resources yet plagued by moribund Ajaokuta and Delta steel that have become conduits pipes for diversion of public funds at the expense of Nigerian tax payers.

She added that there exists an abnormal management structure at the Ajaokuta Steel Complex whereby a Sole Administrator has unilaterally decided upon the steel mill’s corporate affairs for the past 12 years.

She said, “This has further worsened the inefficiency of the moribund company with the recently queried 33bn naira electricity debt incurred by Presidential villa.”

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The Senate after debate on the motion, consequently set up a committee to be chaired by Senator Adeniyi Ayodele Adegbonmire ( SAN) with senators Natasha Akpoti (Kogi Central), Onawo Mohamed (Nasarawa South) Joel Onowakpa (Delta), Onyesoh Allwell Heacho (Rivers East) Abdullahi Yahaya (Kebbi North), Sen Patrick Chukwuba Ndubueze (Imo North), Tokunbo Abiru (Lagos East) and Osita Ngwu (Enugu West) as members.

While the committee is to report back to the Senate in two weeks, they are also to interface with relevant Ministries, Departments and Agencies and other critical stakeholders in the steel sector especially those with interest in Ajaokuta Steel Manufacturing Plant and (all mining company NIOMCO to obtain relevant information and submit a comprehensive report to the Senate regarding the affairs of the two plants between 2018 to date.

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Bauchi Lawmaker Pledges To Expedite Passage Of Bill On Reduction Of Out-Of-School Children

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Honourable Nasiru Ala, the Chairman, House Committee on Education in the Bauchi State House of Assembly has pledged to expedite the passage of the state framework Bill to reduce Out-Of-School in the state.

He made the pledge during a two-day regional stakeholders meeting on out-of-school children and retention, transition as well as completion models in Bauchi, Gombe and Adamawa states.

According to him, any moment the bill is sent to the state House of Assembly from the Executive, the lawmakers would expedite actions to ensure that the bill is passed within three to four weeks.

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He said: “Based on the law making, we are going to enact this particular law on the domestication of the Bauchi state framework to reduce Out-of-School children bill within three to four weeks from the day of reception from the Executive Arm.

READ ALSO: Bill On Unemployment Benefit Scales Second Reading

“Our governor has been very cooperative and supportive on this particular issue of out of school children because it is a serious menace.

“As an academic, I’m not always happy anytime I hear the word Out-of-School children.

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“That is why it’s not going to be a big deal in the Bauchi state House of Assembly to enact the state framework to reduce Out-of-School children in the state.

“In three weeks time In-Sha-Allah, we are going to pass into Bill this State Framework to reduce Out-of-School children in the state”.

READ ALSO: EFCC Grills Six Senior NSCDC Officers Over N6bn Fraud

Also speaking, Mr Raphael Aiyedipe, Education Officer, UNICEF Bauchi Field Office, said that the Universal Basic Education Commission (UBEC) had developed a National Framework of Action to Reduce Out-of-School Children and drive access to education in the country.

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According to him, the framework commits to substantially and systematically decrease the number of Out-of-School children in Nigeria by 2030.

He highlighted some of the objectives of the framework to include; improve access and quality of education for all Nigerian children, drive improvement in learning and relevant skills development.

Others, he said, were to accelerate the social and economic development of communities and the country at large.

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The Framework has 5 thematic areas that includes; political actors and this means gaining the political will and government commitment.

“Best practices and alternative pathways and this translates to defeating learning poverty, Community accountability, that is engaging stakeholders to build ownership.

“Technology and ICT which means improving access through innovative solutions and Financing mechanisms, that is, reaching the most vulnerable,” he explained.

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EFCC Trial: ‘Even The Prophets Went To Prison’ – Buhari’s Minister Comforts Self In Court

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A former Minister of Aviation, Hadi Sirika, standing trial for an alleged N7.2bn fraud, said he was ready to go to prison just like the prophets.

Sirika, his daughter, and three others were arraigned at a Federal Capital Territory High Court on Thursday on a six-count amended criminal charge before Justice Sylvanus Oriji.

A video of the ex-minister speaking in court with his lawyers surfaced on X on Thursday.

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In the video, Sirika, dressed in cream Babariga, could be heard saying, “It’s okay. Fatima, it’s okay,” while comforting his daughter.

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He continued, “Even prophets have gone (to prison). Those that went, haven’t they finished theirs already?…whatever Allah says”

The Economic and Financial Crimes Commission had accused the ex-minister, his daughter, son-in-law and Al-Duraq Investment Limited, of fraud in connection with the botched Nigerian Air project.

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Meanwhile, the court granted each of the defendants bail in the sum of N100m with two sureties each.

Before the trial judge, Justice Sylvanus Orji granted the bail request of the defendants, they pleaded not guilty to all the charges preferred against them after it was read out to them.

The prosecution counsel, Rotimi Jacobs SAN, had informed the court of an amended charge by the EFCC dated May 7, and filed on May 8, which was not opposed by the counsel for the defendants.

READ ALSO: Bill On Unemployment Benefit Scales Second Reading

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Sirika’s lead counsel, Kanu Agabi (SAN), informed the court of his client’s bail application dated May 6.

The other defendants similarly, moved their bail applications and prayed the court to be liberal in the bail conditions.

Jacobs, on his part, told the court that all the defendants were on administrative bail and asked the court to grant bail on the condition that would make them appear for their trials.

Apart from the N100m bail, Justice Osuji added that one of the sureties must own a landed property with valid land titles in like sum within the Federal Capital Territory.

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The judge also held that the sureties must depose to an affidavit of means while he barred the defendants from travelling outside the country without its permission.

He added that failure to fulfil the bail conditions would earn the defendants a stay in a correctional facility.

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Tiktok Bans Nigerian Content Creator’s Account After Completing 24-hour Buried-alive Challenge [VIDEO]

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Nigerian man, Young C, has been successfully exhumed after spending 24 hours buried alive in a coffin.

Young C began the challenge on Wednesday, May 8 and has completed it.

At several intervals, Young C gave updates from inside the coffin.

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His challenge however led to TikTok permanently banning his account.

READ ALSO: VIDEO: Nigerian Man Exhumed After Completing 24-hour Buried Alive Challenge

After he was ‘’exhumed’, he cautioned viewers against attempting similar stunts due to the inherent dangers involved.

Watch a video of him being exhumed below

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