Diversification: Govt’s plans to revive Ajaokuta Steel seen as Buhari’s major test

Authorities want to revive it as part of Buhari’s efforts to lessen the economy’s dependence on crude, which accounts for 90% of export earnings and the price of which has dropped 62% from a 2008 record. Ajaokuta cost more than $4.5-billion from 1979 to 1993, according to the World Bank. More »