The Federal Government on Thursday said it would investigate how the non-functioning Ajaokuta Steel Company Limited accrued N33bn in electricity debt which prompted the Transmission Company of Nigeria to disconnect the company from the national grid. The Minister of Steel Development, Shuaibu Audu, revealed this to State House correspondents after meeting President Bola Tinubu at the Aso Rock Villa, Abuja, on Thursday. On Wednesday, the TCN disconnected ASCL from the national grid as the moribund company failed to clear a debt of N33bn owed to the NBET and service providers.…
Read MoreNigerian Govt To Probe Ajaokuta Steel Company’s N33bn Electricity Debt
