The Senator representing Kogi Central Senatorial District in the National Assembly, Ahmed Salau Ogembe has cautioned the federal government against the planned sale of the Ajaokuta Steel Company, located in Kogi State.
In a statement personally signed by the senator, he noted that a functional Ajaokuta Steel Company would help the country to achieve technological growth and as well generate enormous employment opportunities for the unemployed youths of Nigeria.
While describing those clamouring for the sale of the steel plant as selfish, he stressed that no country can be truly industrialized and become self reliant without a viable Steel industry.
He called on the Nigerian government to take a cue from countries like India, Ukraine among others that are still running their steel plants till date for the benefit of their countries.
According to him selling the plant in its present state would be a monumental loss and a great disservice to the country and its people.
He said the Nigeria government should rather first complete the steel plant after which it can call for private participation which is the practice globally.
He listed the advantages of a functional steel company to include, employment generation, foreign revenue earner, technology transfer and solid industrial base among others.
The Senator said that the huge resources expended by Government couple with the expectations of the people over the years to see that the government complete the Steel Complex must be taken into consideration for any decision to be arrived at, now or in the future.Share this on WhatsApp