During the defense of the 2024 budget of the Ministry of Steel Development, the National Assembly Joint Committee on Steel Development resolved to investigate the US$496 million paid by the Federal Government to Global Infrastructure Holding Ltd, the Indian concessionaire of the National Iron Ore Mining Company, Itakpe. The concession, granted in 2016, was terminated in 2019 for non-performance, and the payment followed a settlement of the company's suit. The Minister, Shuaibu Abubakar Audu, said the company had exported iron ore instead of supplying Ajaokuta.
What the record shows
- 14 December 2023Probe opened.
- As of 11 November 2026No final report of this probe has been found on the public record.
Opened more than 120 days ago, and no final report of the committee has been found on the public record. Interim reports and hearings are shown where known. Know of a report, hearing or outcome missing here? Send a correction.