Sell Ajaokuta steel company, MAN, others tell FG (Punch)

Manufacturers and experts have said privatisation of Ajaokuta Steel Company will yield better dividends than the facility being run by the government.

They spoke with our correspondent in separate interviews, maintaining that government-run business had never turned out to be a profitable venture but one that was prone to corruption and waste.

As such, they canvassed the sale of the national asset but urged the government to do such in a transparent manner.

A business and investment consultant, Dr Vincent Nwani, pointed out that the government was not supposed to run business. Read more

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