Ajaokuta Steel Company

Nigerian House of Representatives oppose selling of Ajaokuta Steel company by Federal Government. The Central Bank of Nigeria (CBN) governor Mr. Godwin Emefiele, recently also confirmed that the federal government is planning to sell the Ajaokuta Steel Company. He made the announcement while addressing Nigerian delegation at the  International Monetary Fund/World Bank Group meetings in Bali, Indonesia. According to him, selling of the company will aid in raising funds for the implementation of Nigeria’s 2018 deficit…