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Benue Guber: Why I’m imminently and Constitutionally, I am qualified- Aondoakaa, SAN

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Chief Michael Kaase Aondoakaa, SAN, a former Minister for Justice and Attorney General of the Federation is a 2027 governorship hopeful in Benue State.

The revered legal luminary cum politicians in this interview with ARISE TV speaks on some topical issues that happened during the administration of late president Umar Yar’Adua.

He also speaks on the 2027 governorship election among other national issues. Excerpts:

Former Governor Peter Obi questions President Tinubu’s constant travel outside Nigeria and his ability to govern. How will you react to that?

Well, thank you for that question; that is his personal opinion. The issue of
presidential powers, legally, the executive powers under section 5 of the
constitution are embodied in the President himself as a person and as I had said before that the President can rule and take decisions affecting the country from any part of the world and I still maintain my position. Of course I was vindicated on that point, that was when Yar’Adua was sick and after that President Johnathan was in Brazil, after that the former President Buhari was also out of the country for a long period.

The presidential powers, not only the presidential powers but where is power created by Statute or persons appointed and even in private offices, the powers are embodied in the person so appointed until the day he ceases to hold the office. Technology has so much improved now that the issue of sitting
physically in the office does not arise for anybody to exercise his powers. That is why you see in many most organizations abroad now people work from home and that’s also why you have companies in Europe having employees in Africa especially Tech companies because everything is done by computers, virtual
meetings and other devices. So I don’t think former Governor Peter Obi is fair to the President on that point because the President’s travelling cannot affect the presidential powers vested in him. He can exercise it anywhere and I believe he does it because his mails are transmitted to him electronically. Secondly, this is not an issue to play politics with, when President Bola Ahmed Tinubu came into power, the economy was very weak, extremely weak and therefore there was need for him to reopen Nigeria to the whole world. When he assumed office, there were lots of things that created fear such as the herder/farmers conflicts, Boko Haram and insurgencies so all these created fear to the international community with respect to investing in Nigeria, not only the international community but even Nigerians living abroad became discouraged to sending funds into the country. So I believe, in my own opinion, the president traveling
to give assurance at the highest level government is one of the best things that has happened to Nigeria. I don’t share Mr. Obi’s opinion, and this is evident by the surge of the foreign reserve and as at last week, it went up to 44 Billion US Dollars which is comfortable, not too comfortable but still it’s a great improvement that gives security for our international trade, it gives security for
our banks to operate letters of credit and I am excited that Nigerian banks do not need a foreign bank confirmation for opening our letters of credit. These are the things that have a positive impact on Nigeria, which may partly be as a result of the President engaging with the global community to reconnect Nigeria. So I do not go with former Governor Peter Obi on this issue, first it doesn’t impair the presidential powers embodied in him and he can exercise these powers anywhere in the world once an issue is brought to his notice. Secondly, we are
practicing a presidential system of government where the executive powers
under section 5 of the constitution can be delegated to the Vice President,
Ministers and all other person’s the executive powers are delegated to, that
means that even a cleaner derives his powers to carry out executive function
from the President under the Nigerian constitution. It is not a dictatorship that you expect that the dictator stands that whatever he says is final. Powers are appropriately delegated and Ministers are appointed. Therefore, I have respect for former Governor Peter Obi but I don’t understand the point he is trying to make. Frankly it doesn’t make sense to me on this point.

You presented the country request for an increase of the country continental shelf from 200 nautical miles to 350 nautical miles. What are the security and economic benefits?

Well, let me go back to the issue of increase of the Continental shelf which
started in 2000 under President Obasanjo and when late President Yar’Adua
assumed office in 2007 and found that it was necessary to continue with the
good work on the increase of the Continental shelf from 200 nautical miles to 350 nautical miles which had started under his predecessor President Obasanjo.

The wisdom for this is not farfetched. First, Nigeria was a state party because we signed a treaty, the United Nations Treaty on the law of the Sea on the 1st of July 1983 and then we deposited the instrument of fortification on 14th August 1986
so by then the convention law entered into force in Nigeria by 16th July 1994. So you see, we became a full member to benefit from the convention and I think
that is how then Presidents Obasanjo and Yar’Adua saw that Nigeria has
challenges in the gulf of Guinea.

One of the challenges was bunkering, the next was Piracy, so to avoid the
possibility of piracy that engulfed Somalia and clean up our international waters, safeguard the gulf of Guinea as it relate to Nigeria. So Nigeria started the preparation and in 2009 I led a delegation, the delegation actually was to be led by the Chairman of the National Boundaries Commission which statutory was the Vice President. I was in Brazil when I was instructed by the Vice President to go and lead the Nigerian delegation. So I left Brazil straight to New York, spent five
days looking at the paperwork and I did a presentation to the UN Commission,
which was presided over by a Brazilian. It was a moving moment when at the end
of the presentation the members of the committee were asked by the Chairman
if they had any questions and they said they didn’t have because it was a
beautiful presentation. We first highlighted how we complied with the law. We secondly highlighted how we had consulted our neighbors including Ghana and physically brought the no objections response tenders before the Commission and this warranted us to have the approval in principle for us to proceed with our proposal for consideration by the 24th Session of the Commission. We submitted everything to the sub-committee for details and technical delineation was to be set up by the Commission.

The advantage was obvious, effective policing of our maritime boundary because if you move the Continental shelf to 350, the small boats cannot reach to that limit of the Continental Shelf. When most of the people that were involved in oil bunkering realized that our Continental shelf was just 200 nautical
miles it was obvious that small light boats that are used in bunkering can safely deliver bunkered crude oil which is delivered to ships that even if they are just a meter outside the 200 nautical miles the Navy cannot go there.

That was the premise, at the time the issue of bunkering. President
Obasanjo and subsequently President Yar Adua saw the need to conclude work
on this, that was the primary consideration. Again, after the Bakassi, we needed to ensure that the sacrifices done by Cross River to mitigate their losses and our understanding was that if we conclude work on the 350 nautical miles, the seabed minerals, hydrocarbon and fishing will also accrue to Calabar which in our opinion at that time had lost substantially as a result of the handover of southern part of Bakassi to Cameron in compliance with the International Court judgement. That was the wisdom, economic gain, policing of the Maritime zone and the gulf of Guinea more efficiently as it relates to Nigerian boundaries. That was the main wisdom, we concluded that work and crossed the first huddle. I don’t know what happened but I didn’t hear any further work, because I left
government.. First I was removed as Attorney General on 10th February 2010 so I was no longer a member of the Boundary Commission because I was reassigned as Minister of Special Duties so I really don’t know why the whole of that period of the government of President Good luck Johnathan I was not in a position to know whether the technical work continued or why it delayed that much, even with the serious support of United Nations Commission of Laws of the Sea we had.

They were in total agreement with our submission because nobody asked us any questions. We had the support of our neighbors so we didn’t know why they didn’t extend it during the President Johnathan administration as he was also the prime person because he was the Chairman of the Boundary Commission as Vice President. He was in the know of everything, when I made the successful presentation. Let me not give credit to myself, in going to make the presentation, I was accompanied by Nigerian Permanent Representative to
United Nations Professor Joy Ogwu and the Director General of the National
Boundary Commission Alhaji Sadiq Digi and our presentation was made pursuant
to Article 76 paragraph 8 of UNCLOS which gave us sufficient approval I do not know what has led to this delay.

Then I started hearing about work on it towards the end of the administration of President Buhari. I am extremely glad that President Ahmed Tinubu reopened work on it and even received a report on it that shows the level of attention. He saw the wisdom in what President Obasanjo started and how President Yar’Adua crossed the first huddle.
As President Ahmed Tinubu is pushing this to the stage now to my mind
he is a visionary leader who has seen the security and economic benefits of the increase of the Continental shelf and I seriously commend him for that. I also saw the possibility of mitigating the losses of Cross River government as a result of Bakassi which in particular is the southern part of Bakassi.

Why was bakassi peninsula handover to Cameroon considering the fact that the cross river state, which houses the eastern naval commander since 1971, was hemmed out?

During our time because of the shores of Calabar we still felt they were a Littoral state. When Federal Government was to hand over Bakassi in 2005 the Navy objected and raised a lot of objections on the premise that they
will not have access to the Sea if Cross River is hemmed out and that would
constituted a very serious threat. Cameron is a friendly nation but every friendly nation is a potential enemy.. it was a very serious complaint by the Nigerian Navy and the Eastern Navy Command Headquarters was established in 1971 by the government of General Gowon to curtail any maritime challenges coming from the Gulf of Guinea. It was something President Yar’Adua took seriously. Of course not only President Yar’Adua, the Navy also made objections to the National Assembly so before we took the decision to hand over we had to work on that threat that the Nigerian Navy would be unable to access the Sea if Calabar was hemmed. So in my opinion the practical demographics is laid out at the demarcation is laid at the Northern part of Bakassi which is still part of Nigeria and it ensures that Calabar would be protected by the Nigerian Navy because Calabar was still left as a Littoral state, they were not hemmed out that is based on the technical report given to us in 2008 because we had to invite the
Surveyor General and international experts to look at the judgement of the
International Court of Justice and the delineation and know whether the
Nigerian Navy situated in Calabar will be hemmed out. But this was not the case. I left office and the judgement came in 2012 that Cross River was hemmed
out. I was shocked… Supreme court in their wisdom decide on what is brought
to them so I don’t know the data that was taken to the Supreme court. At that
time, President Yar Adua had died, I was no longer in office so I don’t know up
till now, I keep wondering what kind of data that was presented that brought
that result and if they say so then the Eastern Navy Command should have been shut down because they will have no access to the Sea from Calabar axis. To me, Cross River State ought to be an oil producing State in the Northern part of
Bakassi based on the line of demarcation which we resolved. This area was
supposed to remain in Cross River, but I don’t know what happened. It may be the data that was brought to the Supreme Court; maybe it was different from the one the Navy resolved with us because we did not shut down the Eastern Navy Command Headquarters in Calabar and taken out to Port Harcourt. We needed an Armed force that can police the gulf of Guinea and that is the Navy. We gave the Nigerian Navy direct access from Calabar Estuaries to the Atlantic Sea.
I don’t know what transpired but I think that it is something that has to be
resolved. You see the implementation of the judgement involved certain things,
equity, political decisions and effective and technical diligence, so I wouldn’t know whether the one they gave us that led to us believing the Nigerian Navy Eastern Command Headquarters in Calabar were not hemmed out from Atlantic Sean directly using Calabar Estuaries at that time is different from the one they present to the court. Mind you, as former Attorney General I cannot challenge the wisdom of the Justices of the Supreme Court. Supreme Court will give judgement based on evidence and I am saying that President Yar’Adua wouldn’t have taken the security of the country lightly. The practical effect of our decision is that the Eastern Naval Command remained in Calabar so how do they operate if they are hemmed out?
So part of the Bakassi which is now the western part of Bakassi is still
remaining in Cross River and the in-shores are still there which are open to the Sea. Actually I am at a loss as per the data that was presented which was the basis of the argument at the Supreme Court; and that is the extent I can talk
about it because when Supreme Court is involved you have to be careful. I am
only talking in defending the decision of the President Yar’Adua Administration, which led to me going to Calabar to handover Southern part of Bakassi on 14th August 2008.

There was nothing like that,we never had any complaints until 2012 that
we heard that Cross River was hemmed out. We never received such negative
complaints. That is the position.

The people of your state, Benue have been calling you to contest the 2027 governorship election. Have you accepted to contest and will you say you are qualified?

Sincerely, I don’t want to comment on that issue, because only God gives
power to whom He wants, and when God wants. If you go by provision of the
Constitution, I am qualified. Anybody is qualified to be Governor of the state. If he or she meets the Constitutional requirement, I can only answer that question in relation to the people making threats. I was born around the sixties during the Tiv riots, political crisis. When I grew up I read terrifying stories and how people were killed/maimed and if you were NPC then UMBC will murder you, some will
put a nail in your head and murder you. I am mindful of what is going on, I read
history of the same thing happening in the Western part of Nigeria at that time
and such incidence has not occurred again in Nigeria, maybe it reared out in
Ondo in 1983.

The leadership of the country especially under President Tinubu. Starting from President Yar Adua tolerated opposition. Right now you have ADC going round, some even attack the physical credibility of the president and I have not seen where their members have been attacked. Something is coming out in Benue that is frightening. I read in the papers where the president of the a subregional group the KUDA Kunav Development Association was saying that any person from Kunav that contests for governorship should be attacked and
beaten up and then the Vice Chairman of the local government also said that
any Kunav son that contests shall be attacked. I am not from Kunav but then there is this general slogan that “No Alia, No Benue.”

These are unfortunate rhetorics, we should never look in that direction. If you are popular then there is no need to input violence in your campaign because if you are indeed popular then people will vote for you. If you have done things to endear people to reelect you they will. Though I have not heard it personally from the Governor but he needs to call those people to order because by saying so they are saying he is no longer popular. By saying so they are trying
to insinuate that he has lost that popularity and therefore this time they are not going to persuade the people but they are going to use force to bring him back.

They should remember what happened in Tiv land, in the Sixties.
Constitutionally I am qualified because the constitution of Nigeria is clear
and what is written in the Constitution cannot be added nor subtracted. So
going by the constitution, I am qualified, I have not been convicted or declared bankrupt so going by the constitution I am qualified to contest.

The only frightening aspect and I want to allude to it and this has to stop. If people attack the credibility of the President and he never said such things because he believes in the rule of law and he believes that the things he has done in the country can earn him reelection then why should people who claim to be supporters of the
Governor say that if there is No Alia, No Government, No Benue? The Reverend
Fr. as Governor, ought to be a man of peace, it is up to him to advise his
supporters to respect the law to prevent any likelihood of breakdown of law and
Order in Benue State and Nigeria at large. This thing is frightening, this is the flagship that we believe should be addressed quickly because what happens in Benue can become dangerous.

What happened in 1962 and 1964 should never be allowed again in Nigeria and
it is not something the security agencies should take for granted. So that’s the only thing I say about this for now. When the time comes we will know about it. By law the time for campaign has not started. Until it is time, as a law abiding
citizen, I will not talk on that issue.

Thank you

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Chief Ambassador Eka A’adu Dickson Extends Warm Felicitations to Igede Nation on Igede Agba Celebration

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Chief Ambassador Eka A’adu Dickson, Chairman and CEO of Ekason Group of Companies, has sent heartfelt greetings to the Igede Nation as the people prepare to celebrate the annual Igede Agba Festival today.The Igede Agba Celebration, observed every September, is one of the most significant cultural events of the Igede people. It marks the new yam harvest and symbolizes gratitude, unity, and continuity of tradition. For generations, the festival has been a rallying point for Igede sons and daughters at home and abroad, who gather to honor their heritage through dance, music, prayers, and communal feasting.Chief Dickson, who holds the traditional title of Ota-Okpenyi Ny’Igede, extended his felicitations to the Adirahu Ny’Igede, HRH Chief Oga Ero (Rtd), the Igede Intermediate Area Traditional Council, and the Chairmen of Oju and Obi Local Government Councils, alongside all Igede political, cultural, and religious leaders. He described the festival as a proud reminder of the resilience and cultural identity of the Igede people.He noted that Igede Agba is not only about celebrating the harvest but also about strengthening the bonds of kinship and reaffirming the collective pride of the Igede Nation. He emphasized that the festival serves as a beacon of unity, inspiring younger generations to embrace their roots and uphold the values of hard work, gratitude, and community spirit.“Igede Agba is more than a festival; it is a celebration of who we are as a people. It is a time to strengthen our bonds, honor our traditions, and inspire the younger generation to carry forward the pride of Igede,” he said.As a philanthropist and cultural advocate, Chief Dickson has consistently supported initiatives that uplift communities and promote Igede heritage. His leadership and goodwill have been instrumental in encouraging cultural preservation and fostering development across Igede land. He commended the traditional institutions for their steadfast role in sustaining cultural valuesHere’s the expanded, publication-ready version of the story with the traditional institution and leaders included, written in a straight, professional newspaper style:Chief Ambassador Eka A’adu Dickson Extends Warm Felicitations to Igede Nation on Igede Agba CelebrationChief Ambassador Eka A’adu Dickson, Chairman and CEO of Ekason Group of Companies, has sent heartfelt greetings to the Igede Nation as the people prepare to celebrate the annual Igede Agba Festival today.The Igede Agba Celebration, observed every September, is one of the most significant cultural events of the Igede people. It marks the new yam harvest and symbolizes gratitude, unity, and continuity of tradition. For generations, the festival has been a rallying point for Igede sons and daughters at home and abroad, who gather to honor their heritage through dance, music, prayers, and communal feasting.Chief Dickson, who holds the traditional title of Ota-Okpenyi Ny’Igede, extended his felicitations to the Adirahu Ny’Igede, HRH Chief Oga Ero (Rtd), the Igede Intermediate Area Traditional Council, and the Chairmen of Oju and Obi Local Government Councils, alongside all Igede political, cultural, and religious leaders. He described the festival as a proud reminder of the resilience and cultural identity of the Igede people.He noted that Igede Agba is not only about celebrating the harvest but also about strengthening the bonds of kinship and reaffirming the collective pride of the Igede Nation. He emphasized that the festival serves as a beacon of unity, inspiring younger generations to embrace their roots and uphold the values of hard work, gratitude, and community spirit.“Igede Agba is more than a festival; it is a celebration of who we are as a people. It is a time to strengthen our bonds, honor our traditions, and inspire the younger generation to carry forward the pride of Igede,” he said.As a philanthropist and cultural advocate, Chief Dickson has consistently supported initiatives that uplift communities and promote Igede heritage. His leadership and goodwill have been instrumental in encouraging cultural preservation and fostering development across Igede land. He commended the traditional institutions for their steadfast role in sustaining cultural values and guiding the people, while also praising the local government chairmen for their contributions to community progress.Today’s celebration is expected to be marked by colorful displays of tradition, with masquerades, traditional dances, and communal gatherings that highlight the rich cultural tapestry of the Igede people. It will also serve as a reminder that culture remains a vital force in shaping identity and unity.Chief Dickson’s message resonates with the broader vision of progress and solidarity that the festival embodies. His felicitations to the Igede Nation underscore the importance of cultural pride and the enduring spirit of togetherness that defines Igede Agba.As the Igede Nation celebrates today, the festival stands as a testament to the people’s resilience, their gratitude for the harvest, and their unwavering commitment to preserving their heritage for generations to come.God bless the Igede Nation.

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BAVCCA Collaborates With BPP On Strengthening Public Procurement, Hails DG Adedokun

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The Bloggers and Vloggers, Content Creators Association of Nigeria, BAVCCA, has lauded the Director General of the Bureau of Public Procurement (BPP), Dr. Adebowale Adedokun, for his remarkable achievements within a short period in office, while disclosing their resolve help strengthen government institution against corruption and foster national development.

President of BAVCCA, Ikechukwu Chukwunyere, disclosed this on Thursday at the 2026 BPP Procurement Reforms Conference held at the Women Development Centre, Abuja.

Chukwunyere described Adedokun’s achievements and commitment to repositioning the procurement system within a short period in office as exceptional, adding that. the reforms and institutional renewal efforts under Adedokun had attracted the association’s public commendation.

He also revealed BAVCCA will submit detailed letters and evidence of alleged corruption uncovered through its civic monitoring and digital investigations to the Economic and Financial Crimes Commission.

Chukwunyere said the association had uncovered what he described as “deeply troubling patterns of wrongdoing” within parts of the public system.

He said the documents to be submitted to the EFCC would identify implicated government institutions and draw attention to alleged acts of corruption observed by the association.

“ No institution is above scrutiny, and transparency must be matched with consequences where necessary,” he said.

The BAVCCA president spoke on the theme, “Celebrating Successes, Identifying Challenges, and Charting Solutions for Public Procurement Reforms,” at the conference organised in collaboration with stakeholders in the procurement sector.

He said public procurement was not merely about contracts and procedures but involved the responsible management of resources belonging to Nigerians.

According to him, every naira saved through efficient procurement could be redirected to critical sectors such as infrastructure, healthcare, education and security.

Chukwunyere called for stronger collaboration among the Bureau of Public Procurement, media organisations, civil society groups and digital content creators to promote transparency and public understanding of procurement reforms.

He said digital media practitioners had a responsibility to ensure that information published on their platforms was accurate, balanced and presented within the proper context.

“Responsible digital media can complement the work of institutions such as BPP by educating citizens, explaining procurement reforms, drawing attention to legitimate concerns and helping to counter misinformation,” he said.

While identifying capacity gaps, resistance to change, bid manipulation, data challenges and enforcement as some of the challenges confronting public procurement, Chukwunyere said addressing them would require more than government action.

He advocated stronger institutions, competent procurement professionals, technology, public awareness and responsible citizen participation.

On the 2027 general elections, the BAVCCA president announced plans by the association to organise governorship and presidential debates ahead of the polls.

He said the debates would provide candidates with platforms to present their manifestos and explain their plans directly to Nigerians.

Chukwunyere urged Nigerians to participate actively in the electoral process by registering, obtaining their Permanent Voter Cards and making informed choices based on competence, character, capacity and credible programmes.

He also appealed to politicians and their supporters to shun hate speech, incitement, violence and electoral malpractice.

He urged Nigerians not to sell their votes or allow themselves to be used to perpetrate violence, stressing that political disagreements should not destroy relationships among citizens.

“Let us disagree politically without becoming enemies. Let us campaign on issues and ideas, not hatred and violence,” he said.

He maintained that building a better Nigeria required not only political leadership but also an informed, active and responsible citizenry.

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After 47 Years of Failure: Minister Blames Cabal, Funding Gap as FG Eyes China to Revive Ajaokuta Steel Dream

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Minister for Steel Development, Mr. Shuaibu Abubakar Audu, says a huge funding gap of about N3 trillion and a cabal working against Nigeria’s dream have been holding back Nigeria’s steel development.

For 47 years, the Ajaokuta Steel Company has stood as Nigeria’s abandoned industrial dream. Billions of naira have been sunk into it, yet the plant has yet to produce a single sheet of steel.

The Minister made a startling admission: a powerful “cabal” is actively holding back the project, working in concert with years of poor funding from successive governments to keep the dream in limbo.

Asked to explain how the cabal is being dealt with, the Minister explained that those involved in the importation of steel into Nigeria are doing everything to frustrate the government including blocking moves to amend relevant laws in the National Assembly.

The Minister, who spoke on a Podcast interview, Deep Insight with Agbonsuremi, said the lack of political will and consistent low budgetary allocation have been as damaging as the sabotage by vested interests who benefit from Nigeria’s continued dependence on imported steel.

Ajaokuta was conceived in the 1970s to drive industrialization and steel sufficiency, but decades of neglect, contract disputes, and alleged sabotage have left it at less than 10% completion. The result: Nigeria imports over $4 billion worth of steel annually.

In what may signal a new chapter, Shuaibu Abubakar Audu said it is now “hopeful” of sealing a deal with China to revive and complete the plant. He believes a partnership with Chinese investors and technical partners could unlock funding, technology, and the political backing needed to finally deliver on the promise of Ajaokuta.

The Minister said the Ajaokuta Steel Complex will commence commercial production by 2028 if the Federal Government concludes its ongoing negotiations with a Chinese investor this year; arguing the company can be fully revived if President Bola Tinubu is re-elected.

Audu disclosed that the Chinese investor was considering committing between $1.5bn and $2bn to revive the long-abandoned steel complex in Kogi State.

According to him, the investment will come through a combination of cash and equipment, while the Federal Government is considering a production-sharing arrangement that would allow the investor to recover its investment before ownership eventually reverts to the government.

The minister said the government had decided against injecting public funds into Ajaokuta because about N3tn is required to revive the complex, while its 2025 budgetary allocation was only N500m, with N50m earmarked for capital expenditure.

Ajaokuta Steel Complex, which was about 98 percent complete in the early 1980s, has suffered decades of neglect, abandoned contracts, legal disputes and alleged asset stripping.

Audu revealed that “an ongoing technical and financial audit would determine the exact state of the complex, but estimated that about 70 percent remains useful, with the remaining 30 percent requiring significant upgrading”.

He explained that the Federal Government initially negotiated with Russian equipment manufacturers but had to shift its focus to China following the Russia-Ukraine war.

The minister also disclosed that the government had signed a 20-year gas supply agreement with the Nigerian National Petroleum Company Limited to provide gas to Ajaokuta, making the project more attractive to investors.

He said the government had also signed an agreement with the Ministry of Defence and Defence Industries Corporation of Nigeria to use part of the Ajaokuta complex for the production of military hardware, including helmets, bulletproof vests and ammunition.

Audu also argued that President Tinubu would require a second term to consolidate the reforms and achieve the administration’s long-term economic objectives.

“We are hoping, praying, that the President gets a second term so that we can have a 2030 $1tn economy,” he said.

He urged Nigerians to support Tinubu’s re-election, saying continuity was necessary to consolidate the reforms and complete major projects such as Ajaokuta.

$4bn steel imports
Audu said Nigeria currently imports about $4bn worth of steel annually, warning that beneficiaries of the import business could resist efforts to establish a strong domestic steel industry.

“The people that are benefiting from imports of $4bn in terms of iron and steel annually would fight tooth and nail to prevent the local industry from kick-starting”.

Asked whether such interests had attempted to frustrate his ministry, he said there had been constant efforts to make the government’s work difficult.

He said the steel sector could contribute about $100bn to Nigeria’s economy if Ajaokuta and other major steel facilities operate at full capacity.

According to him, the revival of Ajaokuta, Delta Steel and other facilities could create between 500,000 and one million jobs, while Nigeria’s estimated three billion metric tonnes of iron ore deposits in Kogi State provide a strong foundation for local steel production.

The minister expressed confidence that President Bola Tinubu’s $1tn economy target by 2030 is achievable, but argued that the administration would require a second term to consolidate its economic reforms.

He said Nigerians should expect three major outcomes from his ministry: the signing of an agreement to revive Ajaokuta, the revival of Delta Steel, and implementation of a 10-year blueprint for the wider development of Nigeria’s steel industry.

Audu said he remained confident of delivering on the assignment, adding, “Absolutely, I believe I can do it. And I believe that I will do it.”

Deep Insight With Agbonsuremi is a Podcast anchored by veteran journalist and broadcaster, Augustine Okhiria Agbonsuremi.

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