FG, Russian firm sign deal to revive Ajaokuta steel plant

The Federal Government has signed a Memorandum of Understanding with the builders of the Ajaokuta steel plant, Messrs Tyazhpromexport, for the rehabilitation, completion and operation of the plant, and the National Iron Ore Mining Company. The Minister of Steel Development, Shuaibu Audu, signed the agreement on behalf of the FG in Moscow, Russia, a statement