Key Factors that Led to the Derailment of the Ajaokuta Steel Project
DOI:
https://doi.org/10.53555/mce.v2i6.1008Keywords:
Ajaokuta Steel Project, Project Derailment, Key factorsAbstract
A review into the factors that militated against the success of the Ajaokuta Steel Project in Nigeria is reported . The Acts setting up the Iron and Steel Industry, the Chronological development in this Sector and the research publications of scholars in this Sector were reviewed. Several factors as identified by these scholars as negating the success of the Ajaokuta Project were noted. Against the background of the body of knowledge inherent and available in these reports, the Key Factors that led to the derailment of the Ajaokuta Steel Project were identified.
Downloads
References
MMSD (2012). Iron Ore Exploration Opportunities in Nigeria. Ministry of Mines and Steel Development. resourcedat.com/upgrade/wp-content/uploads/2012/01/iron-ore-opportunities-in-nigeria.pdf.
Law Nigeria (1971). Nigerian Steel Development Act. Laws of the Federation of Nigeria. 14 April
MMSD (2016). Federal Ministry of Mines and Steel Development. Wrf.nigeriagovernance.org/organizations/view/658.
ASCO (1983). Ajaokuta Steel Complex: The Path to True Industrialization. A MAAN Limited Production. 1983.
ASCL (2016). Ajaokuta Steel Company Limited: the “Bedrock of Nigeria’s industrialization”.
http://www.ajaokuta steel.com/site/index.php.
Houston/Eworldwire (2003). Solgas Signs $3.6B Deal With Nigerian Government in an Effort to
Help Strengthen Nigerian Economy. July 14 2003. Newsroom.eworldwire.com/pdf/1512.pdf. Nigeria;Kogi;Ajaokuta-UNJobs.org.
KPMG (2012). Nigeria Mining Sector 1. nigerianmining brief.pdf. https://www.kpmg.com/ng/en/Issues And Insight/ArticlePublications/Documents/Nigeria.
Kazeem B. (2014).Federal Government Moves to Revitalize Nigeria Iron and Steel Sector in
Business.31 January 2014. Economicconfidential.com/2014/01/fg-moves-to-revitalise-nigerias-iron-steel-sector.
Negedu D.A. (1981). Problems and Prospects of Development of Iron and Steel Industry in Nigeria:
a Case Study of Ajaokuta Steel Complex Dissertation Submitted to the Department of Administrative
Studies, Institute of Administration in Partial Fulfilment of the Requirements for the Award of PostGraduate Diploma in Public Administration of Ahmadu Bello University Zaria. June 1981.
Jamek (2014). Steel Industry in Nigeria - Historical Development of Steel Industry in Nigeria in
Jamek Articles. Jamek Industries Ltd. jameksteel.com|blog|steel-industry-nigeria.
Babangida I.B. (1985). The Completion of this Project (Ajaokuta Steel Project) is A MUST to the
Industrial Take Off of the Nation: It Must be Supported in Ajasteel News (A House Journal) Vol. 1
No.1. December/January 1987. Publishers: Public Relations Department, Ajaokuta Steel Company
Limited. Editor: Ibrahim M.L.D. (See Appendix).
Obahopo B. (2015)Buhari Passionate About Completion of Ajaokuta Steel - Fayemi in Vanguard
News. 14 December 2015. http://www.vanguardngr.com/2015/12/buhari-passionate-about-completion-of-ajaokuta-steelfayemi-2/
Olayebi O.O. (2013). Production of Iron and Steel from Nigerian Itakpe Iron Ore in the Journal of
Engineering and Energy Research. Vol.3, No.2. Pp.28-50. December 2013.
Ohimain E.I.(2013). The Challenge of Domestic Iron and Steel Production in Nigeria in the
Greener Journal of Business and Management Studies ISSN: 2276-7827 Vol. 3 (5), pp. 231-240, July
www.gjournals.org
BELLO U.A. (2013) Can Ajaokuta Steel Company Be Revived? 23 FEBRUARY 2013
http://allafrica.com/stories/201302250974.html?viewall=1
Agbu o. (2007). The Iron and steel Industry and Nigeria’s Industrialization: Exploring Cooperation
with Japan. Japan External Trade Organization, 3-2-2 Wakaba, Mihama-ku, Chiba-Shi, Chiba, 261-
, Japan.
Obikwelu D. O.N. and Nebo C.O. (2012). A CRITICAL LOOK AT THE NIGERIAN STEEL INDUSTRY ----
A DARK PAGE ON THE HISTORY OF NIGERIA AND THE METALLURGICAL PROFESSION. PLENARY PAPER PRESENTED AT 28TH ANNUAL CONFERENCE AND ANNUAL GENERAL MEETING OF THE NIGERIAN METALLURGICAL SOCIETY (NMS), TAGGED ABUJA, 2012.
http://www.nigeriametsociety.org/wp-content/upload/2015/02/critical-loo--
Gbemre Z.(2014). REVIVAL OF STEEL INDUSTRY–PANACEA FOR NIGERIA’S UNEMPLOYMENT AND
INDUSTRIALIZATION PROBLEMS in Energy Today. Thursday, 09 October 2014.
Adamu S. (2014) Making Ajaokuta steel project a reality. News Agency of Nigeria. June 16 2014 - 3:48pm
Jimoh H.I, Lawal M.O and Orire I.O. (2012). The Development of Solid Minerals and Capacity
Utilization: Perspectives on the Iron and Steel Sub-Sector in the Nigerian Environment in Geo-Studies
Forum.Vol.5. No.1. Pp. 15-20. An International Journal of Environment and Policy issues. A
publication of the Department of Geography and Environmental Management. University of Ilorin,
Nigeria. unilorin.edu.ng/publications/orire/10.pdf.
NSE (2015).Revive Steel Industry, NSE Advises Government-Sweet Crude Reports. 5 October
Sweetcrudereports.com/2015/10---/revive-steel-industry-ns
Downloads
Published
How to Cite
Issue
Section
License
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
In consideration of the journal, Green Publication taking action in reviewing and editing our manuscript, the authors undersigned hereby transfer, assign, or otherwise convey all copyright ownership to the Editorial Office of the Green Publication in the event that such work is published in the journal. Such conveyance covers any product that may derive from the published journal, whether print or electronic. Green Publication shall have the right to register copyright to the Article in its name as claimant, whether separately
or as part of the journal issue or other medium in which the Article is included.
By signing this Agreement, the author(s), and in the case of a Work Made For Hire, the employer, jointly and severally represent and warrant that the Article is original with the author(s) and does not infringe any copyright or violate any other right of any third parties, and that the Article has not been published elsewhere, and is not being considered for publication elsewhere in any form, except as provided herein. Each author’s signature should appear below. The signing author(s) (and, in