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Ajaokuta plant: FG begins payment of $486m arbitration fee to litigants

Ajaokuta plant arbitration litigants,Ajaokuta Steel, Governor Yahaya Bello ,Russian ambassador,

The federal government has commenced the payment of $496 million arbitration fee to Global Steel Holdings Limited following the termination of their contract to upgrade the nation’s steel plants. The firm, which won the concession for the Ajaokuta Steel plant, Delta Steel plant in Aladja and Nigerian Iron Ore Mining Company (NIOMCO), Itakpe under the […]

Ajaokuta plant: FG begins payment of $486m arbitration fee to litigants
Tribune Online