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CURRENT STATE OF AJAOKUTA STEEL COMPANY

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By SOKOYA OLAOLU PETER 

 

No Nigerian can visit Ajaokuta Steel Company ASC, see investments of more than $8b rotting in the African sun and not cry. I went there, I cried. what exactly is the problem? I have written severally on this topic, but today let me do a comprehensive post.
Ajaokuta Steel is massive, 68km road network, 24 housing estates. Some of the estates have over 1,000 homes, a seaport, a 110mw power generation plant.
There are 43 separate plants in Ajaokuta alone. It is estimated that if Ajaokuta becomes operational, it will create 500,000 jobs.
There is no industrialized nation on earth that does not have a steel sector, it’s that simple. The Central Bank of Nigeria reports that Nigeria currently imports steel, aluminum products and associated derivatives of approximately 25 metric tonnes per annum estimated at $4.5bn.
Ajaokuta is an integrated steel company, it was designed by the Russian to be self-sufficient to get all its inputs from Nigeria and make steel. Ajaokuta strength is also its weakness, Ajaokuta can only work with all inputs available.

 

A Technical Post, But Please Try And Follow
Steel is an alloy of iron & carbon. Iron is the base metal in steel, to make steel, you need Iron Ore, Coke from Coal, Limestone as main components. These components are mixed in a blast furnace to make liquid steel which can be long steel for rail lines or flat steel for auto.
To give a simple example, look at steel as making jollof rice, iron ore is the rice, the limestone and coke are the pepper and salt the pot is the blast furnace. At a steel plane the blast furnace is ONLY turned on when the steel company is ready to make steel.
Blast furnaces operate continuously and are never shut down. The raw material to be fed into the furnace is divided into several small charges that are introduced into the furnace at 10- to 15-min intervals.
This means everything must be in place BEFORE the blast furnace is turned on, the iron ore, the coal, the limestone, everything, why? Because you do not switch off a blast furnace for another 10 years or however its campaign life is.
Nigeria has all raw materials needed to produce steel including iron ore in Kogi, coal & limestone in Enugu

 

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Nigerian iron has very low iron concentration. Agbaja has the largest iron ore deposit in Nigeria with about 2b tonnes but the Agbaja ore has a high phosphate content.
Phosphate can cause brittleness in steel making it to fracture, thus Agbaga was abandoned for Itakpe. Itakpe iron ore has no issues with phosphate but has low iron content.

 

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Thus to make steel with Nigeria iron ore, a process called “beneficiation” has to be done to process the Itakpe ores to raise its iron content to meet the required standard for steel production.
Coal? Most of the coal found in Nigeria is non-coking, thus, unsuitable for steel production. coal deposits in Enugu, have no impurities but are non-coking. The good news? Nigeria has abundant deposit of limestone and we have natural gas to provide power.

So back to Ajaokuta, what really happened? why can Nigeria not make steel anytime soon? let’s link up the elements

 

1. Policy Failure

 

The Ajaokuta contract was signed between the FGN & the Soviet state-owned company, Tiajpromexport (TPE) was scheduled for completion in 1986.
In 2012, the Federal Government launched her backward integration policy. Going forward import licenses for steel products was only granted to companies producing steel locally.
TPE to ensure they could import steel parts for Ajaokuta simply went ahead and built the rolling mills in Ajaokuta BEFORE the actual steel plant was completed, they imported billet from Ukraine to accomplish this.
Ajaokuta was producing steel before the actual steel plant was started. Ajaokuta has a functional rolling mills but no operational blast furnace. Ajaokuta cannot produce steel from basic iron ore found in Nigeria. This is the definition of cart before the horse.

 

2 NIOMCO

The iron ore in Nigeria earmarked for Ajaokuta is from Itakpe, it has low iron content thus the FG built National Iron Ore Mining Company (NIOMCO) a 2.15 metric tonnes beneficiation plant to process the low-quality iron ore from Itakpe to iron ore suitable for Ajaokuta.
Simply put, if NIOMCO does not operate, Ajaokuta CANNOT operate (unless Ajaokuta uses imported iron ore.) as at today, September 2019, NIOMCO is not operational

 

3. Railway:

15m tonnes of iron ore cannot be moved by road, as it will destroy the roads, thus a railway was to be built from Itakpe to Ajaokuta to take iron ore from the beneficiation plan in Itakpe to the Ajaokuta. Rail link not working today

 

4. Blast Furnace:

The furnace is the heart. It is the pot where the jollof rice will be cooked, however it has never been turned on, why? because there has never been any time Ajaokuta has had raw materials available to ensure continuous day in day out production for 5 years.
Why no raw materials? Because there is no rail to take iron ore from Itakpe to Ajaokuta. Why no railway from Itakpe to Ajaokuta? Because NIOMCO in Itakpe is moribund and not functional thus cannot convert Itakpe iron ore to high grade ore for the furnace in Ajaokuta.
For Ajaokuta to work, she MUST have three key critical paths

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The Three Key Critical Paths

1 – NIOMCO must be functional

 

2 – Itakpe to Ajaokuta Railway line must be functional

 

3 – Blast Furnace operational

All three are not functional, so its clear Nigeria cannot make steel in Ajaokuta for now.
Nothing however stops a corrupt government official from importing billets and running them in the rolling mills. So, when anyone tells you Ajaokuta will soon begin working, ask them, can a steel plant work without NIOMCO, railways and a blast furnace?
Ajaokuta is the only steel plant in the world built by the USSR, sold to Americans, then to Indians, all these teams have come and gone with their own technical style, there have even been accusations of asset stripping by the Indians.
Ajaokuta is Nigeria and probably Africa biggest failure. It has failed. Can it be made to work? yes but the cost to integrate Ajaokuta with her mines and rails can be used to build new smaller modern turn key functional steel mills.
The government should get out of Ajaokuta, sell the place and allow private sector capital and expertise restructure and own it.
If you want to make jollof rice and there is no rice the solution is not to keep boiling water without rice but to go and get rice.
SOKOYA OLAOLU .P

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Naabiae Nenu-B is an Epic Photographer and a Passionate Writer. His Epic Nature Photos and Writing Skills has Awarded lot of Recommendations and Online services.

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1 Comment

1 Comment

  1. Omowaye Ayotunde

    January 22, 2020 at 7:42 am

    Possibly viable steps should be taken by the Federal government into knowing positive actions is needed in Nigeria for the citizenry.

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Leaks

NNU Version 3 – Scam or Legit Rumor Review

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NNU version 3 review is undeniably important now there is rumor of it introduction. It was a surprise when NNU failed with out of downlines not paid.

Then NNU v2 also called the NNU forum was developed too. Subsequently, hiwap failed.

With lot of up and down affecting passionate followers and dear investors of the Nigeria News Update Platform, the brain behind it Mr Paul Samson has created another news platforms called Twitam and NNU TV Studio.

Intelligence Overview : Who is the Founder of NNU NG ? Paul Samson

Oracle PSO or Paul Samson as well known is the founder of NNU TV and the brain behind NNU.

Clearly, he is known as a Nigerian Online Entrepreneur, a web marketter, and one with a couple of failed online schemes.

Nonetheless, his business has being of the disadvantages of millions whom he has defrauded of their payment on his platform varying platforms. So NNU version 3 will be a scam if ever developed

What Is NNU TV Studio About – An NNU TV Review

NNU v3 or Twitam

Anyways, NNU version 3 is still a rumor while Twitam has being actualized.

Stating that NNU V3 will be scam or legit shouldn’t have being in the picture, but building trust is undeniably important.

Since it is a rumor, team Xycinews believes Twitam.com social platform has replaced it.

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Leaks

Lies : Seedershub.com Review – Seederhub is Bloody Scam not Legit

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How do you feel when your extorted?

How do you feel if your scammed?

ID your aware am a scammer,

Team Xycinews for the very first time is vividly telling users to avoid Seedershub.com as a scam and not legit scheme for the below reasons yet to be revealed.

Just follow along carefully and see reasons to be safe from being scammed.

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Who Owns Seedershub.com

Paul Samson as well known is a Nigerian Online Entrepreneur, a web marketter, multiple failed online scheme founder. He is among few Nigerians who have successfully made 6-7 figure monthly without involving in internet illegal activities and Yahoo scams.

Anyways, his business has being of the disadvantages of millions whom he has defrauded of payment on his platform.

 

Paul Samson Is The Founder Of Seedershub.com

 

In an economy facing recession like Nigeria, some of the best options are safe online jobs, this weak point is where he has trampled on with different business names. Lately, seeders hub is the top notch and that’s why this article will reveal if seedershub is scam or legit.

Intelligence Overview : Who is the Founder of NNU NG ? Paul Samson

What Is Seedershub Platform About ?

Clearly, SeedersHub is a loan and multipurpose cooperative service system owned by NNU Founder, Paul Samson. Seedershub acclaimed to bring you the financial solution with excellent ways to earn more money and save more while you also get a low-interest loan credit.

Anyways, team Xycinews don’t fully believe that, as no man ever mention it flaws, but only positive sides. Especially in business.

Is Seederhub Scam Or Legit

While wondering if seedershub.com is scam or legit, below is some of its features which we would be using to unveil under lying plans by this suspectious site.

Loan With Peace Of Mind

Undeniably, getting a personal or business loan isn’t easy unless with a high rate of interest. SeedersHub focuses on this weak spot of low interest credits, and sends a signal while this site should be tried.

The Pay Back

Preassumble, easily and and flexible payment method for paying loans is everyone’s wish. Seedershub.com gives this opportunity with a 5% interest rate. But the question is, who wants poor interest rate? None.

Teams Xyxinews predicts this 5% due to tax and VAT must certainly rise.

Savings Returns

Funny enough, joining the cooperative and investing paves the way to get a loan or fund other loans. Users are promised good profits, but this never happened in his failed HIWAP INCOME PROGRAM. 18% interest per annum, such a good but.

We can’t tell, but is seedershub.com scam or legit?

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Seedershub.com Review

 

Truly, Nigeria is a country with millions searching for easy pay jobs and huge returns. This has lead many into daunting situations and that’s the primary focus of this article.

Primarily, to trust a friend, you examine his past actions before giving him a huge fortune worthwhile an investment.

From Paul Samson past income program, users have experienced very poor satisfaction. A survey conducted by NaijaCredit TV revealed he owned some individuals over N100,000.

I the founder of Xycinews was refused the pay of N60,000 among huge counting down lines.

The birth of NNU forum did no good at all as users weren’t paid too, the investigation revealed that those referred suffered the most.

Anyways, Seedershub can be different and that’s why the conclusion of Seedershub review is for you to decide if seedershub is legit or scam.

How To Contact Seedershub.com

 

Office Address = 1A Gbemisola Street, Off Allen Avenue, Ikeja Lagos Nigeria.

Phone = 08120389795 (Mon-Fri from 9am-5pm)

SMS / Whatsapp =08169787210 –

Mail = info@seedershub.com

 

Disclaimer

Registering a business with a business name doesn’t mean it is transparent. Be cautious and careful of any alternating online trickish schemes.

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Advantages And Disadvantages of Being a Runway Model

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Have you ever wished to be a runway model?

Possibly, you might have had this thought and that’s why you opened this article. Or you may want to as well.

What Are The Advantages And Disadvantages Of Modeling

This very question is often asked by aspirants who wants to know what the advantages and disadvantages of being a runway model in the fashion industry is all about.

Knowing the advantages and disadvantages of something helps determine it success. Also, knowing the advantages of being a runway model helps weigh the balance if it’s a career worth going after. But not just that, knowing the disadvantages of being a runway model too gives an affirmative reason to finalize decided thoughts. So let get to it.

As a runway model hoping to represent a brand, Xycinews hopes the beat for you.

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Brief Advice For Runway Models

As a model, you must never forget to put on a nice smile, always look clean and smart, be punctual to all occasions. Maintain your reputation and self dignity in rare cases where there is an underlying scheme to exploit your innocence.

This is a popular instruction given to models. But in the fashion industry, just like every big brands has it own advantages and disadvantages.

This article doesn’t highlight all the advantages and disadvantages of being a runway model, but let briefly scroll through some of the things models benefits first.

 

Advantages Of Being A Runway Model

Believe me, the below is just a few

Travel

The door to having the opportunity to go on international travels and tour is at your fingertips.


Fame

Game awards and wide range recognition to yourself for representing a nation, agency or big brand outstandingly.

Exposure

Additionally, being given the opportunity to represent a nation as an ambassador will expose you to popular and influential socialtal individuals.

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Icon

Inclusivly, become a public magazine cover. Automatically your an icon many persons will want to know about.


Media Coverage

Interestingly, you will have media and mass coverage. Bloggers and paparazzi will want to see your trending stories is on their blogs.


Free Insurance

Awesome, your given monthly Income assurance for a livelihood. This Is comfortable for any who becomes successful.


Jewels

However, you will have a bonus of original jewelries and trinkets. Free making up, cosmetics, cloths with adorable perfumes and so on at your disposal. .

Did you appreciate the advantages that may come along with being successful as a runway model, please share this article then.

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Disadvantages of Being A Runway Model


Meal Course

Sadly, it’s a compulsory necessity that your meal course will be interrupted for you to maintain fit shape depending on your sponsorship brand.


Patience

Many things are involved, long standing hours, running errands, and hearing sweet words from pending offers.


Rush hour

Lot of stress is involved and your prone to face emergency call up for events in some cases.


Time

Little or no time for your self. Your face with long traveling journeying, long rehearsals and many more. You taste of time changes.

The list is so long. Anyways, it’s great to hope for the best.

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