After spending over $8bn on Ajaokuta, Nigeria imports N837bn steel

…stakeholders sceptical about plant’s concession Steelmakers are sceptical about the planned concession of Ajaokuta Steel Company Limited after Nigeria imported iron, steel, and metals valued at N837.761bn in the third and the fourth quarters of 2021. According to the National Bureau of Statistics, Africa’s most populous nation brought in basic metals, iron, and steel products…