{"id":1440,"date":"2025-01-22T21:22:29","date_gmt":"2025-01-22T21:22:29","guid":{"rendered":"https:\/\/dailyechoes.ng\/?p=1440"},"modified":"2025-01-22T21:22:29","modified_gmt":"2025-01-22T21:22:29","slug":"technical-audit-on-ajaokuta-steel-firm-starts-february-says-minister-as-national-assembly-asks-ministry-to-return-n2bn-to-agencies","status":"publish","type":"post","link":"https:\/\/dailyechoes.ng\/index.php\/2025\/01\/22\/technical-audit-on-ajaokuta-steel-firm-starts-february-says-minister-as-national-assembly-asks-ministry-to-return-n2bn-to-agencies\/","title":{"rendered":"Technical Audit On Ajaokuta Steel Firm, Starts February, Says Minister  \u2026as National Assembly Asks Ministry To Return N2bn To Agencies"},"content":{"rendered":"<p>&nbsp;<\/p>\n<p>The Minister of Steel Development, Mr. Shuaibu Abubakar Audu, yesterday assured the nation that the technical audit on the Ajaokuta Steel Company Limited will start in February.<\/p>\n<p>The technical audit would pave the way for the rehabilitation, completion and operation of the steel plant and the National Iron Ore Mining Company (NIOMCO) in Kogi State, Nigeria.<\/p>\n<p>The Minister gave the assurance when he appeared the National Assembly Joint Committee on Steel Development to defend his ministry\u2019s 2024 budget expenditure and the 2025 Appropriation.<\/p>\n<p>The Federal Government signed the Memorandum of Understanding (MoU) with the original builders of the Ajaokuta Steel Plant Messrs, Tyazhpromexport (TPE) and members of their consortium Messrs Novostal M and Proforce Manufacturing Limited to carry out the technical audit since September last year.<\/p>\n<p>A member of the joint panel, who is the senator representing the Kogi Central Senatorial District, where the project is situated, Natasha Akpoti-Uduaghan, asked the Minister to give a definite date for the commencement of the technical audit.<\/p>\n<p>Akpoti-Uduaghan said, \u201cHon Minister Can I ask a question, please? When was the MOU entered into? Which month? Can you tell us the month that the MOU on Ajaokuta was entered? \u201c<\/p>\n<p>The Minister responded by telling the panel that the document was signed in September last year.<\/p>\n<p>Akpoti-Uduaghan then wondered why the Ministry hasn&#8217;t done anything four months after the MOU was duly signed.<\/p>\n<p>She said, \u201cWe are now approaching the end of January. When will the technical audit start? When will it start? Because to me, I believe we should tackle that project wholesomely. Yeah. We need to start with a technical audit so that the buildup of repairs will commence immediately.<\/p>\n<p>\u201cCan you tell us when we would expect the Russians with their partners to commence the technical audit because time is going.\u201d<\/p>\n<p>Replying the Minister said, \u201cI had a conversation with the Permanent Secretary this morning Wednesday) on the commencement date.\u201d<\/p>\n<p>He then directed the Permanent Secretary, Dr. Chris Osa-Isokpunwu to address the panel on the commencement of the technical audit.<\/p>\n<p>Osa-Isokpunwu said, \u201cImmediately after the signing of the Memorandum of Understanding, the Ministry commenced the procurement process for the technical and financial audit.<\/p>\n<p>\u201cAdvertisements were made, time was given. The stage we are now is preparation to present it to the Federal Executive Council for approval.<\/p>\n<p>\u201cOnce that presentation is made and the Federal Executive Council approves that project, then the technical audit will start.\u201d<\/p>\n<p>Not satisfied with the Permanent Secretary\u2019s submission, Akpoti-Uduaghan interjected and demanded a definite date of commencement.<\/p>\n<p>She said, \u201cThe Federal Executive Council sits every week. Are you guaranteeing Nigerians that at the next Federal Executive Council, the technical audit proposal will be approved?\u201d<\/p>\n<p>The Permanent Secretary replied, \u201cWhat I would say at this point is that as soon as we get the \u2018no objection\u2019 to proceed to the Federal Executive Council by the Bureau of Public Procurement, we will take the memo to the Federal Executive Council.<\/p>\n<p>\u201cThat will be based on the availability of slot for the presentation of memos at FEC. I do not run the Secretariat of FEC.<\/p>\n<p>\u201cHowever, once the Bureau of Public Procurement issues us the certificate of no objection, within 48 hours after, the Honourable Minister will transmit the memo to the Secretariat of FEC.\u201d<\/p>\n<p>Akpoti-Uduaghan asked him when the BPP would send the \u2018no objection\u2019 to the Ministry and the Permanent Secretary said only the Director General of the BPE, Ayodeji Ariyo Gbeleyi, could answer the question.<\/p>\n<p>Still not satisfied with the answer to her question, Akpoti-Uduaghan said, \u201cHow long have you been expecting that no objection from BPP?\u201d<\/p>\n<p>\u201cI need to know the timeline. How long has it been? Did you just submit the proposal last week? Or last month? Or two months ago? We need to know. Maybe it&#8217;s BPP we are going to hold responsible for delay of process.\u201d<\/p>\n<p>Osa-Isokpunwu said, \u201cI&#8217;m not familiar with the processes of the Bureau of Public Procurement. We submitted our request for \u2018no objection\u2019 about two months ago. So Chairman, I don&#8217;t know if I can help you.\u201d<\/p>\n<p>The submission of the Permanent Secretary infuriated members of the joint committee and accused him of being lackadaisical with his approach to the whole issue.<\/p>\n<p>The Minister quickly came to the rescue of the Permanent Secretary by accepting that the Ministry has been too slow on the matter.<\/p>\n<p>Audu said, \u201cMr. Chairman and distinguished members, I think the feedback from the joint committee is loud and clear. The speed at which we are going through the process of getting a \u2018no objection\u2019 from BPP is too slow.<\/p>\n<p>\u201cI think that is the message that I&#8217;m hearing from the committee members. The feedback has been heard very loud and clear. I can assure you that I&#8217;ll continue to put the permanent secretary under a lot of pressure for us to get out the \u2018no objection\u2019.<\/p>\n<p>\u201cPerhaps, the methods and the way we&#8217;ve been following up is inadequate. We are going to put more gas to the pedal to ensure that the \u2018no objection\u2019 comes out.<\/p>\n<p>\u201cThis is because it&#8217;s very, very important to Nigerians for the technical audit to start, particularly with the original builders and their Nigerian representatives.<\/p>\n<p>\u201cWe have a lot more work to do in that regard. The Perm Sec has heard, directors of the ministries have heard very loud and clear that the joint committee on steel is unhappy with the pace at which we are processing the \u2018no objection\u2019 from BPP. So I want to appeal to your further patience.<\/p>\n<p>\u201cIn the next few days, I can assure you that we&#8217;re going to ramp up efforts to at least get out the \u2018no objection\u2019. Today is 22nd of January. I believe before the end of the month we will get it.<\/p>\n<p>\u201cI&#8217;ll do everything humanly possible to ensure that it comes out so that we can get these things going. So I want to assure you that I&#8217;ll put the ministry under pressure. I&#8217;ll continue to put the Permanent Secretary under pressure.<\/p>\n<p>\u201cEverybody can hear me. Nigerians can hear me. The directors are all here. The person that liaises with BPP is here. The Permanent Secretary is here. All the most senior memberships are here.<\/p>\n<p>\u201cThe pace at which we are getting, we are processing this BPP \u2018no objection\u2019 is too slow. We need to bring it out, latest by the end of January and we hope to get the FEC approval immediately.\u201d<\/p>\n<p>Meanwhile the Co-chairman of the joint panel, Hon. Zainab Gimba, said it was wrong of the Ministry to hold on to the funds of the agencies under it.<\/p>\n<p>She subsequently directed the Minister to return the N2bn it was holding on behalf of the agencies under it, to them to avoid misappropriation.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; The Minister of Steel Development, Mr. Shuaibu Abubakar Audu, yesterday assured the nation that the technical audit on the Ajaokuta Steel Company Limited will start in February. The technical audit would pave the way for the rehabilitation, completion and operation of the steel plant and the National Iron Ore Mining Company (NIOMCO) in Kogi [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":1234,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[871,869,767,872,870],"class_list":["post-1440","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-economy","tag-abandon","tag-iron","tag-project","tag-settlement","tag-steel"],"_links":{"self":[{"href":"https:\/\/dailyechoes.ng\/index.php\/wp-json\/wp\/v2\/posts\/1440","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailyechoes.ng\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailyechoes.ng\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailyechoes.ng\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dailyechoes.ng\/index.php\/wp-json\/wp\/v2\/comments?post=1440"}],"version-history":[{"count":1,"href":"https:\/\/dailyechoes.ng\/index.php\/wp-json\/wp\/v2\/posts\/1440\/revisions"}],"predecessor-version":[{"id":1441,"href":"https:\/\/dailyechoes.ng\/index.php\/wp-json\/wp\/v2\/posts\/1440\/revisions\/1441"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailyechoes.ng\/index.php\/wp-json\/wp\/v2\/media\/1234"}],"wp:attachment":[{"href":"https:\/\/dailyechoes.ng\/index.php\/wp-json\/wp\/v2\/media?parent=1440"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailyechoes.ng\/index.php\/wp-json\/wp\/v2\/categories?post=1440"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailyechoes.ng\/index.php\/wp-json\/wp\/v2\/tags?post=1440"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}