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Senate probes Ajaokuta Steel company over $496m settlement

The Senate on Tuesday resolved to carry out a thorough investigation on the affairs of Ajaokuta Steel Company Limited and the National Ore Mining Company in Kogi State from 2008 to date.
It planned to unravel the mystery behind the payment of $496m allegedly made to Pramod Mittal, Chairman, Global Infrastructure Holdings Ltd by the Federal Government in September 2022 as a settlement over said contractual disputes.
It also resolved to investigate the circumstances that led to the re-concession of NIOMCO even when the initial Concession Agreement was validly terminated by the Yar’adua Administration with a positive review by the International Chamber of Commerce, London.
Senate’s resolutions to this effect were sequel to a motion sponsored by Senator Natasha Akpoti-Uduaghan ( PDP Kogi Central) and exhaustively debated by many of the Senators.
Akpoti-Uduaghan said the Ajaokuta Steel Company Limited and the National Iron Ore Mining Company located in Kogi State were established sometime in the late 70s by the Federal Government with the potential to put Nigeria on the path of technological and industrial advancement and establish the country as one of the leading exporters of steel products in the world.
She lamented that decades after their establishment, the Ajaokuta steel mill and NIOMCO have remained inoperative and unable to produce steel despite seeming efforts by several administrations due to a lack of earnest political will and bureaucratic corruption.
According to her, Nigeria currently expends about $3.3bn annually on steel imports and is quite saddened that a nation blessed with abundant natural ore resources yet plagued by moribund Ajaokuta and Delta steel that have become conduits pipes for diversion of public funds at the expense of Nigerian tax payers.
She added that there exists an abnormal management structure at the Ajaokuta Steel Complex whereby a Sole Administrator has unilaterally decided upon the steel mill’s corporate affairs for the past 12 years.
She said, “This has further worsened the inefficiency of the moribund company with the recently queried 33bn naira electricity debt incurred by Presidential villa.”
The Senate after debate on the motion, consequently set up a committee to be chaired by Senator Adeniyi Ayodele Adegbonmire ( SAN) with senators Natasha Akpoti (Kogi Central), Onawo Mohamed (Nasarawa South) Joel Onowakpa (Delta), Onyesoh Allwell Heacho (Rivers East) Abdullahi Yahaya (Kebbi North), Sen Patrick Chukwuba Ndubueze (Imo North), Tokunbo Abiru (Lagos East) and Osita Ngwu (Enugu West) as members.
While the committee is to report back to the Senate in two weeks, they are also to interface with relevant Ministries, Departments and Agencies and other critical stakeholders in the steel sector especially those with interest in Ajaokuta Steel Manufacturing Plant and (all mining company NIOMCO to obtain relevant information and submit a comprehensive report to the Senate regarding the affairs of the two plants between 2018 to date.
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Finally , Lagos Court frees Quadri, young Nigerian who stood before Obi’s convoy in viral photo

The Apapa Magistrate Court, Court 9 sitting at Orege, Ajegunle – Sikiru Adagun Courthouse, has discharged and acquitted Alabi Quadri, the young Nigerian who became a national symbol of courage during the 2023 general elections, for standing boldly in front of the convoy of then-Labour Party presidential candidate Peter Obi.
He was discharged and acquitted of conspiracy to commit felony and armed robbery.
The court held that he has no case to answer.
Quadri was brought to court on Thursday, April 17, 2025, after spending months in Kirikiri Prison, Lagos.
The Nigerian Correctional Service produced Quadri at the Apapa Magistrate Court, located at Orege, Ajegunle—Sikiru Adagun Courthouse (Court No. 9).
Quadri’s case was initially slated for a hearing on April 28, 2025.
However, human rights lawyer and activist Inibehe Effiong had revealed that both he and the Director of Public Prosecutions (DPP) requested that the date be moved forward, and the court granted the application.
Quadri gained widespread attention after a viral video showed him, a teenage boy at the time, fearlessly standing before Peter Obi’s campaign convoy—a moment many Nigerians interpreted as a symbol of youthful defiance and hope during a tense election period.
The media reported that Effiong revealed that Alabi’s recent painful descent into the Nigerian prison system was not due to any major crime but rather a result of prolonged malice and resentment harboured by some self-acclaimed ‘area boys’ (thugs) in his neighbourhood.
According to the lawyer, these individuals felt entitled to a portion of the unexpected attention and goodwill, including financial support, that Alabi received following his moment in the spotlight during the 2023 presidential campaign.
Effiong, who recently visited the Apapa Magisterial Court in Lagos alongside Alabi’s mother and legal colleagues, stated that Alabi’s journey to Kirikiri prison was not only heartbreaking but appeared to be the outcome of a vendetta fuelled by local ‘area boys’ who felt entitled to the financial support Alabi received after his viral moment.
Effiong revealed that Alabi was abducted in January near his home while returning from work by the ‘area boys’ who had been threatening him.
They allegedly took him to Amukoko Police Station (popularly known as Pako Police Station) and accused him of being involved in street fights.
However, Alabi was then arraigned before a Magistrate Court along with four other individuals, said to be complete strangers to him, on allegations of conspiracy to commit armed robbery with cutlasses.
According to the charge sheet, the alleged victims were robbed of N579,000, comprising cash and four mobile phones.
Effiong also emphasised that despite being a minor, Alabi had been detained with adults at Kirikiri since January, pending legal advice from the Lagos State Directorate of Public Prosecutions (DPP).
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Lawmaker Slams NBA Over Rivers Crisis, Demands Return of N300m

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BREAKING: Unknown gunmen reportedly storm Senator Natasha’s family residence

Senator Natasha Akpoti-Uduaghan’s family residence in Kogi was reportedy invaded by gunmen around 1 a.m. on Tuesday, April 16, leaving damaged windows but no injuries.
The incident happened at her hometown residence in Obeiba-Ihima, located in Okehi Local Government Area of Kogi State.
Sources familiar with the event said the attackers arrived around 1:00 a.m. Armed with cutlasses and guns, they damaged parts of the building, smashing windows and causing panic in the area. At least three men were involved in the attack.
Senator Natasha’s Chief Security Officer, Yakubu Ovanja, quickly informed the appropriate security agencies.
In response, officers from the Okehi Police Division rushed to the scene.
Although nobody was hurt and no suspects have been arrested yet, security officials recorded the extent of the damage and launched a preliminary investigation.
The reason behind the attack is still unknown, and as of now, Senator Akpoti-Uduaghan has not released any official statement. She represents Kogi Central in the Senate and is known as a vocal figure in Nigerian politics.
According to Zagazola Makama, police are still trying to figure out what motivated the attackers and are working to find those responsible.
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