On January 15, 2015 in Lokoja, Kogi State, President Muhammadu Buhari made a promise to resuscitate the ailing Ajaokuta Steel Company if elected into power by March of same year. This was during his campaign for the presidential election. As faith would have it, Buhari became Nigeria’s President and was sworn in on May 29, 2015
In his words, Buhari said the campaign “Resuscitating the company which has been out of production for the past thirty five years would enable it to generate employment for the nation’s teeming youths and create wealth for the country” Nigerians, and indeed the world believed that Ajaokuta Steel Company Limited, ASCL, is back to the Centre of discourse and attention.