National
Nigeria Signs MoU with Russian Consortium to Revive Ajaokuta Steel Plant, NIOMCO
The Ajaokuta Steel Plant that has been dormant for over 42 years, may soon come on stream following the Memorandum of Understanding (MoU) signed by Federal Government with a Russian consortium to revive the Ajaokuta Steel Company Limited and the National Iron Ore Mining Company (NIOMCO).
The agreement, formalized during a recent visit by the Minister of Steel Development, Prince Shuaibu Abubakar Audu, to Moscow, marks a key step in Nigeria’s drive to strengthen its steel industry.
The consortium, consisting of Messrs Tyazhpromexport (TPE), Novostal M, and Proforce Manufacturing Limited, will lead the rehabilitation, completion, and operation of the steel and iron ore mining facilities located in Kogi State.
This agreement follows an August 2024 inspection by the Russian-led consortium of the Ajaokuta Steel Plant and the Itakpe iron ore mining site. Speaking on the project, Minister Audu emphasized its alignment with President Bola Tinubu’s vision of industrializing Nigeria and reducing the country’s dependence on imported steel, which costs the nation around $4 billion annually.
The revitalization effort is expected to create over 500,000 direct and indirect jobs, while boosting Nigeria’s manufacturing base. This is seen as critical to achieving President Tinubu’s target of transforming Nigeria into a $1 trillion economy by 2030.
During their working visit to Russia, the Nigerian delegation held talks with key officials, including Alexey V. Gruzdev, the Russian Federation’s Deputy Minister of Industry and Trade. They also toured Novostal M’s state-of-the-art steel production facility in the Saratov region, which has a capacity of 1.2 million metric tonnes of steel annually. The Russian partners, including TPE’s General Director Egorov Sergei Anatolevich, reiterated their commitment to the success of the project.
The Ajaokuta Steel Plant, dormant for over 42 years, has been a focal point of Nigeria’s industrial development plans. Earlier efforts to sign an MoU in 2020 were derailed by the COVID-19 pandemic. However, the renewed collaboration with Russian firms is expected to breathe new life into the facility. The Nigerian government has allocated N4.45 billion to Ajaokuta in the 2024 budget and is seeking an additional N35 billion for its full revival, which is estimated to cost between $2 billion and $5 billion.
If successful, this project will position Nigeria as a key player in Africa’s steel industry, with far-reaching economic benefits.
National
Tax Reform Campaign: NOA Takes Fight Against Get-Rich-Quick Syndrome to Jigawa
By Ahmed Rufa’i, Dutse
The National Orientation Agency (NOA) has launched a public enlightenment campaign in Jigawa State, urging citizens, especially youths, to abandon shortcuts to wealth and embrace integrity, hard work, and ethical practices.
Speaking at the Federal Secretariat in Dutse, the NOA Director-General, Mr. Lanre Issa, represented by Mr. Williams Dogo, Director of Legal Services, emphasized the importance of addressing societal challenges such as the get-rich-quick mentality, security concerns, and misinformation surrounding tax reforms.
The campaign, part of a nationwide initiative, is aimed to combat the rising trend of fraudulent wealth acquisition.
It is also aimed at raising awareness on security issues and promote public cooperation with law enforcement.
It is also meant to educate citizens on the benefits of the new tax reform and its role in equitable development.
Issa highlighted the detrimental effects of the get-rich-quick culture, particularly among the youth, noting that such practices erode societal values and contribute to criminal activities like internet fraud.
He stressed that the government has criminalized such fraudulent practices and is implementing programs to empower young people through skill acquisition and other initiatives.
“The government is deeply committed to addressing economic hardship by providing opportunities for youth empowerment. However, we need citizens to reject dubious means of wealth acquisition and work with integrity,” Issa said.
On security, the NOA DG commended government efforts to enhance security through better funding, training, and equipment for agencies. However, he called on citizens to report suspicious activities and cooperate with security personnel to create a safer society.
Addressing concerns about the new tax reforms, Issa explained that they aim to ease the burden on hardworking Nigerians while ensuring fairness and increased funding for development projects.
He urged stakeholders, including traditional and religious leaders, media, and civil society groups, to support the reforms by spreading accurate information and encouraging compliance.
In his remarks, the Jigawa State NOA Director, Alhaji Tijjani, expressed concern over the exploitation of the current economic hardship by some individuals to commit crimes. He reiterated the agency’s dedication to guiding citizens towards legitimate means of success and discouraging fraudulent behaviors.
“We are targeting youths and other stakeholders to educate them on the dangers of shortcuts to wealth and encourage them to embrace legal and ethical ways of achieving their goals,” Tijjani said.
The campaign underscores the government’s resolve to build a society rooted in integrity, fairness, and sustainable development, urging all citizens to play their part in realizing this vision.
National
NOA flags off sensitization campaign on 5 critical national issues
By Friday Idachaba, Lokoja
The National Orientation Agency (NOA) has flagged off a nationwide sensitization campaign on five critical issues central to Nigeria’s well-being, unity, and development.
Mallam Lanre Issa-onilu, Director General of the Agency who flagged off the campaign at the weekend in Lokoja urged unity among Nigerians in their commitment to address the issues and foster a more informed, secure, and ethical society.
Represented by Kogi State Acting Director of NOA, Mr Patrick Edogbanya, the Director General highlighted the five Key national issues and the efforts the national government has made so far at addressing them.
Issa-Onilu whose speech was theme, “Promoting Awareness, Ethical Values and National Development”, pointed out that the challenges before the nation required collective action and active participation from all Nigerians.
He identified the five critical issues as issues arising from World HIV/AIDS Day; Security Awareness; Shunning Get-Rich-Quick Syndrome; World Human Rights Day and Tax Reforms.
On the burning issue of Tax Reforms, the Director General said government was taking a holistic approach to make the nation’s tax system fairer and less burdensome for citizens.
“The tax reform bills are four different bills that seek to bring everything about taxation and administration of tax in Nigeria under four different pieces of legislation”, he said.
The bills according to him include: The Nigeria Tax Bill; The Nigeria Tax Administration Bill; The Nigeria Revenue Service Establishment Bill and The Joint Revenue Board Establishment Bill, all with specific functions to ameliorate the burden of tax.
He said that the reforms will benefit everyone by eradicating double taxation and Support for Low-Income Earners as those earning very little will pay little or no taxes adding that simple and transparent processes will be adopted with introduction of new digital systems.
On the issue of HIV/AIDS, he said that aside joining the global community to raise awareness during World HIV/AIDS Day Nigeria had intensified efforts to provide free and accessible HIV testing and counseling services nationwide.
The DG added that among other efforts, the country had ensured that antiretroviral treatment remains available and accessible to people living with HIV/AIDS and went further to partner local and international organizations to combat stigma and discrimination arising from the disease.
He however, noted that the government alone cannot win this fight against HIV/AIDS and therefore, urged citizens to take advantage of services being provided by government and other entities, practice responsible health behaviours, and support those living with HIV/AIDS.
On security, Issa-Onilu reminded Nigerians that Security remains a top priority for the government adding that government was strengthening security architecture through better equipment, training, and increased funding for security agencies.
He said that government was also expanding its policing initiatives to improve collaboration between citizens and law enforcement to combat criminal activities as ge called for active support of citizens.
On Human Rights as one of the critical issues, the NOA Director General said efforts at dealing with the issue include
strengthening of legal frameworks to address human rights violations, including gender-based violence and child trafficking.
The efforts, according to him, also include establishing support centers for survivors of abuse and violence in collaboration with Civil Society as well as Promoting constitutional awareness to ensure citizens understand their rights and responsibilities.
The NOA Director General also identified the “Get-Rich-Quick Syndrome” as part of the nation’s critical issues requiring sustained sensitization campaign for Nigerians to shun in all ramifications.
Issa-Onilu said government has taken cognizance of the erosion of our age-long values and evolved measures to address the situation even as economic hardship often drives individuals toward unethical practices.
He urged citizens to reject shortcuts to wealth and embrace integrity, hard work, and the opportunities provided through government initiatives to make life better for all.
“Addressing these five key areas requires collaboration from all citizens, stakeholders, and institutions. Together, we can build a healthier, safer, and more ethical Nigeria”, he urged.
National
Tinubu Assures Nigerians: ‘Better Days Ahead Despite Tough Challenges’
President Bola Tinubu has assured Nigerians that despite the current hardships, his administration is driving positive change and that brighter days are on the horizon.
Speaking at the graduation ceremony for the Executive Intelligence Management Course 17 in Abuja, Tinubu acknowledged the difficult circumstances but expressed confidence that the nation is on the path to transformation. Represented by National Security Adviser Nuhu Ribadu,
Tinubu emphasized that his government is committed to improving the economy, ensuring security, and holding individuals with questionable character accountable, no matter where they are. “If you are a bad man, whether you are inside Nigeria or outside, you are in trouble,” he warned.
he said things are taking shape for the better, even though people may not like his government.
He said, “Things are happening in our country today. People may not like us. They probably will disagree with one or two. But fundamentally, things are changing. And Nigeria will change.
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“The economy is changing. Very tough, very difficult, very huge challenges we are facing. But I can assure you, better days are ahead of us,” he stated.
Tinubu also assured Nigerians of his administration’s commitment to ensuring security and stability in the country.
He said people with questionable character, would face justice irrespective of where they live.
“If you are a bad man, whether you are inside Nigeria or outside, you are in trouble. We will go after you. We will bring you to justice,” he stated.
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