• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Sunday, May 11, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Group Vows To Reject Concession Of Ajaokuta Steel

by Andrew Ojiezel
2 years ago
in Business
Concession Of Ajaokuta Steel
Share on WhatsAppShare on FacebookShare on XTelegram

The leadership of Iron and Steel Senior Staff Association of Nigeria (ISSSAN) has vowed to reject concessioning of Ajaokuta Steel without consideration for workers’ welfare.

Advertisement

Its national president, Comrade Kolawole Mustapha, who made this known, reiterated the concern of the union over the move, stressing that, “ISSSAN wished to bring to the attention of the general public over the planned concessioning of the Ajaokuta Steel Company and National Iron Ore Mining Company both in Kogi State, without taking the issues concerning the workers into consideration.

However Kolawole commended the effort of president Muhammadu Buhari and his team attempt to inject some life into the hitherto moribund Steel industry in the country by offsetting the huge debt owed the Indian Company – Global Infrastructure Nigeria limited, while undertaking to rehabilitate the Itakpe-warri rail line and commercialise its use.

In a related development, the general secretary, Comrade John Odigie expressed the worry of ISSSAN over the move by this outgoing government to embark on the concessioning process that have failed severally before now, without the inclusion of the concerns of employees in the steel industry and their representatives in the union, and other major stakeholders. 

According to Odigie, “we had thought that the government through the Ministry of Mines and Steel Development would engage a competent investor to manage the operation of Ajaokuta Steel Company and National Iron Ore Mining company Itakpe through private/public partnership arrangement, with the inclusions of all stakeholders in the processes most importantly steel sector employees and their Union representatives whom this action will affect.

RELATED

NIN: FG Increases Date Of Birth Update Fee By 75% To N28,574

NIN: FG Increases Date Of Birth Update Fee By 75% To N28,574

12 hours ago
CSCS Shareholders Laud N1.76 Dividend Payment

CSCS Shareholders Laud N1.76 Dividend Payment

12 hours ago

“ISSSAN’s major concern, is the welfare of workers’/steel sector employees and how the outcome of the concessioning process will affect their welfare especially in this instance where there is no workers voice in the process. ISSSAN therefore finds it absolutely unacceptable its non-inclusion in the process as this puts the workers in the dark as to the protection of their livelihood in the build up to concluding the process.”

This clandestine move to hurriedly dash out these two companies, he said, is worrisome without first meeting with the relevant stakeholders and carry out due diligence on the companies either by the ministry or the would be investors. 

“We therefore call on the federal government to assuage the concerns of ISSSAN and its members by making the concessioning process all – inclusive and invite stakeholders and relevant representative of the union – ISSSAN, to be concerned participants

“ISSSAN wished to categorically state that it will not sit idly by while the interests of its members is being willfully trampled and ignored by those who should know better,” he noted.


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel



SendShareTweetShare
Previous Post

Major Shipment Delay From Nigeria Affects OPEC’s April Output

Next Post

International Workers’ Day: As NAAT Presents 4-Point Demand To Incoming Government

Andrew Ojiezel

Andrew Ojiezel

You May Like

NIN: FG Increases Date Of Birth Update Fee By 75% To N28,574
Business

NIN: FG Increases Date Of Birth Update Fee By 75% To N28,574

2025/05/11
CSCS Shareholders Laud N1.76 Dividend Payment
Business

CSCS Shareholders Laud N1.76 Dividend Payment

2025/05/11
Global Oil Refineries’ Q1 Margins Soars Despite Price Crash
Business

Global Oil Refineries’ Q1 Margins Soars Despite Price Crash

2025/05/11
Banks, Others Raise N2.7trn From Capital Market, Says SEC
Business

SEC Intensifies Fight Against Ponzi Schemes With Market Outreach

2025/05/11
Ashaolu Wins Awards For Disrupting Nigeria’s Out-of-Home Advertising Landscape
Business

Ashaolu Wins Awards For Disrupting Nigeria’s Out-of-Home Advertising Landscape

2025/05/11
10% Of Nigerians Affected By Data Breaches Since 2004 – Report
Business

10% Of Nigerians Affected By Data Breaches Since 2004 – Report

2025/05/11
Leadership Conference advertisement

Leadership Conference advertisement

LATEST

Senate Leader Hails Afenifere Leader Fasoranti At 99

Bandits Kill Retired Teacher, Abduct Wife, 2 Others In Zamfara

Akpabio: ‘How Prof Mgbeke Paid Me To Manipulate Audio Recordings Against Natasha’, Says Media Personality Ogbonnaya

Coalition Calls For Urgent End To Emergency Rule In Rivers

23 Farmers Killed In Fresh Attacks On Benue Communities

Wase: Honour To Whom It’s Due

Oyo APC Cautions Gov Makinde Against Converting Farmlands To Housing Estates

SERAP Asks CBN To Confirm Direct Payments To 774 LGs

Army Arrests 12 Terrorists, Accomplices In Kwara

Troops Arrest Suspected Gunrunners In Plateau

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.