The detained former Minister of Power and Steel, Dr. Olu Agunloye, on Thursday secured legal reprieve as a Federal High Court, Abuja granted him a N50 million bail with two sureties. Ruling on the bail application filed by the accused, Justice Jude Onwuegbuzie, said the two sureties must be “reputable” and “people of means” resident […]
Tag: Former President Olusegun Obasanjo
Ajaokuta Concession: FG To Complete Final $50Mn Payment In February
The Minister of Information and Culture, Mr. Lai Mohammed, has disclosed that the Federal Government has concluded arrangement to make final $50 million payment next month to finalize the concession of the $496 million Ajaokuta Steel Company. The minister, in a statement apparently issued to debunk comments recently made by Atiku Abubakar, the PDP presidential […]